E-COMMERCE

Topic
E-Commerce tools for Garment manufacturing Process Presented by: Amit kumar(02) Kumar ankur(09) Madan mohan(10) Uttam kumar(25)

WHAT IS E-COMMERCE?

Electronic commerce, commonly known as e-commerce, is a type of industry where the buying and selling of products or services is conducted over electronic systems such as the Internet and other computer networks. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web at least at one point in the transaction's life-cycle, although it may encompass a wider range of technologies such as email, mobile devices, social media, and telephones as well.

or commerce between companies and consumers. and other governmentrelated operations . licensing procedures. purchasing physical goods Business-to-Government (B2G) Business-to-government e-commerce or B2G is generally defined as commerce between companies and the public sector.TYPES OF E-COMMERCE Business-to-Business (B2B) B2B e-commerce is simply defined as e-commerce between companies Business-to-Consumer (B2C) Business-to-consumer e-commerce. involves customers gathering information. It refers to the use of the Internet for public procurement.

e. handheld devices such as cellular telephones and personal digital assistants. particularly in vertical industries where firms/businesses can bid for what they want from among multiple suppliers Mobile Commerce (m-commerce) M-commerce (mobile commerce) is the buying and selling of goods and services through wireless technology-i. ..Consumer-to-Consumer (C2C) Consumer-to-consumer e-commerce or C2C is simply commerce between private individuals or consumers. This type of ecommerce is characterized by the growth of electronic marketplaces and online auctions.

Diverse e-commerce applications are being implemented in the textile and apparel supply chain. . Information an communication technologies (ICTs) have the capacity to make extravagant amounts of information available to users located in various parts of the world.E-COMMERCE IN GARMENT MANUFACTURING E-commerce is an exemplary concept in the future of textile and apparel industry. ICTs also facilitate rapid communication between them. It is also very significant that the future of textile and apparel industry is complete only with ecommerce. It is playing a major role in the present scenario of textile and apparel industry. One application of these technologies is in the development of e-commerce to support electronic trading.

Apparel manufacturers are forced to search for ways to shorten the lead-time. the uncertain nature of apparel demands. Challenges come from different interacting factors.  . and to improve product quality and customer service. such as demanding consumers. These challenges result in later commitments from retailers.WHY E-COMMERCE REQUIRED IN GARMENT INDUSTRY?  The apparel sector continues to experience intensive competition. shrinking available lead-time. cut costs. shifting global sourcing and powerful retailers. and increasing information needs.

stock out costs. and markdown costs . Apparel industry incurs significant excess costs in the form of inventory carrying costs. The real power of E-Commerce in the apparel industry is in the opportunities for significant improvements in supply channel management. With increasing product proliferation and shorter product life cycles.

THE ECOMMERCE BUSINESS MODEL PARADIGM SHIFT From Traditional business characteristics Mass market Distance Supply chain management  To Business characteristics Mass customisation Time Customer Relationship Management Integration Process and market Ad Hoc Product Short term profit Volume Supplying customers Long term value stream Value Serving customers .

Improving visibility in the supply chain. which in turn will allow the firms in the industry to better match supply and demand. and customer service. accuracy. . thereby improving order full-filment.BENEFITS OF ECOMMERCE IN GARMENT INDUSTRY  Decreasing the cost of communication in the channel . and cost of transferring data between channel partners. Improving Forecasting Capability.Improve the speed. forecasting. inventory management.

Reducing Channel Inventories . and as designers become more accustomed to “virtual” collaboration.The high cost of carrying inventory in this industry will make reduced inventory a significant benefit. Improving Design . the ability to design new products quickly will improve.As technology improves in representing products and components online. .

Marketing and advertising 6. 5.To provide information about the organisation or its products 4.To create an online market where suppliers and customers can link with the organisation either for informational reasons and/or transactional reasons.To have a corporate presence 2.Why should garment industry Adopt an E-strategy ? 1.To have a brand presence 3.To generate sales . One recent statistic from Forrester Research stated that 80% of companies in the US have websites but less than 20% were doing any form of e-commerce.

To provide customer support 9.To allow customer feedback 10.Training 14.Research 11.To provide sales force support 15.7.Recruitment 12.To lower risks by reducing lead times and inventories held in the supply chain .Internal efficiencies in administration and communication 13.To go direct to the consumer avoiding usual distribution channels 8.

Benefits of e-commerce to the consumer 1. This has been referred to as the „commoditisation‟ process meaning that such comparisons effectively turn the buying process into commodity purchases.Presents an environment in which the descriptions and prices for a range of goods and services can be quickly compared quickly and easily. 3.May speed up transactions.Reduce delivery times.Reduce time spent on shopping important for time poor but cash rich consumers 4. . 2.

6. Convenience of home delivery removing the need to visit stores i.5.e. Competition in turn creates lower prices. . virtual shopping rather than physical shopping.

Developing E-commerce Capabilities in a Garment Manufacturing Firm Development processes suggest that. social networks. trust and credibility as intangible resources form part of the medium and outcome of e-commerce capability Firms that are able to create a strategic fit between these set of resources are more likely to develop other resources which are more socially complex and have more potential value to ecommerce benefits creation . resources interact directly and indirectly with intangible resources to create ecommerce benefits. Poor-resources.

. their ability to translate these benefits into broader development impacts tends to be less evident in practice. Interactional E-commerce Capability Interaction e-commerce capability development occurred in two stages.Firms may be able to achieve benefits at the firm-level. and a second Website with relatively detailed product catalogue. a first Website with minimal interactive features. There was also the development of a partial transactional e-commerce capability which consisted of a credit card payment facility within the firm‟s boutique.

d) Pre-adoption research and learning to build ecommerce Competence .Informational E-commerce Capability a) Proactive steps to learn new technology at management level b) Investing in IT infrastructure c) Using external IS technical skills to address internal IS technical skills poverty.

e) Identification/acquisition of valuable IS resources from internal and accessible resource portfolio f) Use of online functionality to support core activities g) Creation of complementarities between other firm resources and IS resources .

Trends in e-commerce for garment industry Bespoke Garment Ordering System 1.Customistion process Choice of fabric Choice of design Choice of style 2.Inspection Whether it fit or not 4.If fit purchase if not alterations done . Garment Making 3.

which contributed to the sustainability of the firm (c)capability building among tailors in the industry. . created employment opportunities (b)E-commerce relatively increased the revenue of the company.Impact of E-commerce in garment industries (a) Concern development. vocational skills acquired by the tailors may influence their intention or the propensity to use the Internet for business.

. wider customer base (e) Heightened competition.(d)Wider market potential. competition and global activities. raises market awareness and therefore leads to ability to preview market trends. drive towards mass production. export opportunity. price competition and bulk ordering and export (f)Ability to compare market values.