1 / 13

Enhancing Communication and Efficiency in Electronic Commerce Systems

Explore the systematic methods to streamline communication in the value chain through Electronic Data Interchange (EDI), reducing manual entry and driving innovation. Learn about EDI implementation, banking processes, new business models, inventory management, and control issues.

zed
Download Presentation

Enhancing Communication and Efficiency in Electronic Commerce Systems

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Chapter Three Electronic Commerce: systematic method to improve communication throughout the value chain

  2. EDI • Eliminate manual entry • 90% of large firms • 10% of small firms • PDA example

  3. FEDI • Your banking and the Federal Reserve Board • Automated Clearing House (ACH) • Business issues: • Debit cards - can you explain their name? • Documentation - change for customers? • Outsource, or do it ourselves? FVANs

  4. New Business Models • Ag e-commerce summit (Feb. 28, 2000) • CBOT • hand signs and hollering, • or on-line trading? • CFTC • commodities on-line

  5. Impact • Inventory management • NECA - inventory => zero • Human resources • terminations • retraining • growth opportunities • Regulatory issues • electronic withholding and pension • Universities - dead?

  6. System Acronyms • LAN - within building connections • WAN - broad, geographic connectivity • VAN - outsource IT (and phone?) • focus on communication networks

  7. Acronym II • ISP - any examples? What is provided? • Internet - among univ, gov, corp • Intranet - within firm network • Extranet - permit limited access to others on our value chain to our data • VPN - controls access to our extranet

  8. InterNIC.com • VERISIGN AGREED to acquire Web domain-name registrar Network Solutions in an all-stock transaction the companies valued at $21 billion. • Domain registration company

  9. Basic Communications • Satellite • Microwave • Telephone • fiber optics • copper coaxial cable • Broadcasting - fiber to selected satellites

  10. LAN configurations • Star • Costly, due to wiring • Better for continuous operations • Ring • Less expensive • Slower, if a node fails • Bus • easy to modify and cheap • slower, as more nodes are added

  11. WAN configurations • Centralized • all nodes connected to a central computer • problems: less flexible for departments, costly communications • Decentralized • LANs connected to a central computer • problems: data storage redundancies, company communication • Distributed Data Processing • combine best of both

  12. Control Issues • Validity of Transactions • webtrust, VPNs, encryption • Authorization of Transactions • digital signatures, digital certificates • Safeguarding of Assets • next page

  13. Loss of Data • Loss of Confidentiality • information hijacked via nonsecure • Unauthorized Access • hackers, firewalls, company-assigned passwords • Loss of Data • backup, storage, hot and cold sites

More Related