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MBA (General) - IV Semester, Information Technology and E-Business, Unit 3.1

Return on Investment and Benefits

   Posted On :  07.11.2021 06:50 am

In addition to increasing productivity and reducing overall operating expenses, e-SCM maximizes selling opportunities by capturing valuable customer information-buying patterns, frequency of visits, preferences, order history-and then uses this information for up-selling, cross-selling and promotional opportunities. E-SCM provides the tool sets to achieve new business by reaching out to the customers who could not be before.

Return on Investment

In addition to increasing productivity and reducing overall operating expenses, e-SCM maximizes selling opportunities by capturing valuable customer information-buying patterns, frequency of visits, preferences, order history-and then uses this information for up-selling, cross-selling and promotional opportunities. E-SCM provides the tool sets to achieve new business by reaching out to the customers who could not be before.

Benefits

Some of the benefits of e-SCM are enumerated below

It is web-based (client/server), not web-enabled;

It incorporates broadcast and active messaging to proactively notify an individual of a condition that requires attention;

It supports the exchange of “real-time” information through trading communities such as employees, customers, suppliers, distributors and manufacturers;

It has open internet application architecture which allows for rapid development and scalability, combining unlimited internal/external users in a “real-time” environment;

It has an interface capability with any third party software;

It is platform independent;

It is a fully integrated system;

It has web visibility and processing capability-24×7;

It is rules based

Tags : MBA (General) - IV Semester, Information Technology and E-Business, Unit 3.1
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