BUSSINESS TO BUSSINESS PRATHMA MITTAL IT-09

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BUSINESS TO BUSINESS COMMUNICATION : 

BUSINESS TO BUSINESS COMMUNICATION SUBMITTED BY- PRATHMA MITTAL I.T. (09) 1

CONTENTS : 

CONTENTS INTRODUCTION INVENTORY MANAGEMENT SUPPLY CHAIN MANAGEMENT EDI EFT SOME POWERFUL TERMA RELATED TO B2B B2B EFFICIENCY ADVANTAGES DISADVANTAGES FUTURE CONCLUSION 2

INTRODUCTION : 

INTRODUCTION Describes commerce transactions between businesses . The U.S. Commerce Department reports accounts for about 80% to 90% . Include broad range of intercompany transactions. 3

INVENTORY MANAGEMENT : 

INVENTORY MANAGEMENT Specifies the size and placement of stocked goods. Determine the stock level on the basis of physical distribution . Minimise stock holding and handling costs. 4

NEED OF INVENTORY MANAGEMENT : 

NEED OF INVENTORY MANAGEMENT Time - The time lags present in the supply chain, from supplier to retailer at every stage. Uncertainity-Maintained to meet uncertainities in the supply of goods. 5

CONTINUED….. : 

CONTINUED….. Economies of scale - Ideal condition of "one unit at a time at a place where a user needs it, when he needs it" principle tends to incur lots of costs in terms of logistics. 6

SUPPLY CHAIN MANAGEMENT : 

SUPPLY CHAIN MANAGEMENT Integral part of any supply chain system. Defined as movement of product from supplier to other manufacturer. Components are businesses, people, information, activities, technology and resources. 7

Contd... : 

Contd... Extraction of raw materials. Production e.g. component construction, assembly and merging. Storage and movement to remote locations. Distribution to retailers and customers . 8

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SUPPLY CHAIN STRUCTURE 9

B-TO-B ONLINE TRADE MARKET : 

B-TO-B ONLINE TRADE MARKET 10

ONLINE TRADE FORECAST : TOP FIVE INDUSTRIES : 

ONLINE TRADE FORECAST : TOP FIVE INDUSTRIES 11

ELECTRONIC DATA INTERCHANGE : 

ELECTRONIC DATA INTERCHANGE Is an inter-company, application-to-application communication of data in standard format . Useful in supply chain. 12

CONTINUED…… : 

CONTINUED…… Information found in a paper document used for the same organizational function. For example an EDI 940 ship-from-warehouse order is used by a manufacturer to tell a warehouse to ship product to a retailer. 13

EDI FLOW : 

Request Transcript Student Information System Print Transcript U.S. Mail Receive Transcript Re-key Data Recipient’s Student Information System EDI EDI FLOW 14

ELECTRONIC FUND TRANSFER : 

ELECTRONIC FUND TRANSFER Perform financial transactions electronically. Electronic exchange from one account to another, within the same financial institution. In 1978 U.S. Congress passed the Electronic Funds Transfer Act to establish the rights and liabilities of consumers as well as for organisations. 15

KINDS OF EFT : 

KINDS OF EFT ATM (Automated Teller Machine) CREDIT CARD 16

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DEBIT CARD SMART CARD 17

PROBLEMS WITH EFT : 

PROBLEMS WITH EFT Security. Inconveniences To Consumers. 18

SOME POWERFUL TERMS IN B2B : 

SOME POWERFUL TERMS IN B2B OUTSOURCING CONSULTANTS AUCTION NETMARKET PLACE 19

OUTSOURCING : 

OUTSOURCING Refers to the process of contracting to a third-party. Exchange of services and payments. 20

REASONS OF OUTSOURCING : 

REASONS OF OUTSOURCING Focus on Core Business Improve quality Operational expertise Access to talent Tax Benefit Scalability Risk management Catalyst for change 21

CONSULTANTS : 

CONSULTANTS Professional who provides professional or expert advice in business field. For Example- DH Communication is an consulting company. 22

AUCTION : 

AUCTION A market mechanism by which a seller places an offer to sell a product and buyers make bids sequentially and competitively until a final price is reached. Auctions can be done: online off-line at public sites at private sites (by invitation) 23

The Auction Process : 

The Auction Process 24

NETMARKET PLACE : 

NETMARKET PLACE Intermediaries where many buyers and many sellers can congregate to trade. Essentially match buyers and sellers using a variety of market mechanisms including auctions. 25

NETMARKET MODE : 

NETMARKET MODE 26

B2B EFFICIENCIES : 

B2B EFFICIENCIES Neutrality Two Way Profits E-Catalogs Complete Market Presence 27

ADVANTAGES OF B2B : 

ADVANTAGES OF B2B Expose sellers in one marketplace to all potential buyers. Create a hub for development projects, market feedback, and customer collaboration. Provide expansive catalogs of products and services. 28

CONTINUED……. : 

CONTINUED……. Increase manufacturing efficiency. Reduce cycle times, improve transaction flows, and manage parts inventories. 29

DISADVANTAGES OF B2B : 

DISADVANTAGES OF B2B Trust Breach Business Reviewing is Difficult Addition to Competition Software and communications standards Security 30

THE FUTURE : 

THE FUTURE Create significant future benefits. A number of positive forces fueling future growth of B2B marketplaces and electronic exchanges. Present the perfect meeting grounds for buyers and sellers in future. So,B2B has a bright future with involvement of internet . 31

CONCLUSION : 

CONCLUSION Bridge between buyers/sellers, exporters/importers, manufacturers/suppliers . Actually online business opportunities and business communications have made business processes easy and entertaining . “Time & Cost Saving Business Medium”. 32

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