Wednesday, May 6, 2020

E-Commerce Strategies- Free-Samples for Students- Myassignment

Question: Discuss about the Case Study of Woolworths Australia and Walmart. Answer: Introduction The organization under consideration is Woolworths Limited, a major Australian corporation with extensive selling interest through Australia and New Zealand. It is the following largest company in Australia by income, after Perth-based retail-focused multinational. Woolworths is happening to expand into liquor businesses with the attainment of Dan Murphy's in the year 1998. With Queensland certifying laws uttering that an hotelier must function retail outlets, Woolworths enthused into the hotel commerce in 2005 in a joint scheme with experienced hotel machinist Bruce Mathieson, procuring hotelier Australian Leisure and Hospitality Group (ALH) (Arli, Dylke, Burgess, Campus Soldo, 2013, p90). The report below will take into consideration electronic commerce of the business and mobile commerce structuring. Electronic supply chain management also is discussed with its sub processes and their functions. Woolworths problem situation According to (Soldo, 2013, p74) almost every business in operation experiences some challenges that are inevitable and the management is supposed to ensure they are curbed efficiently and overcome to facilitate smooth running. Woolworths limited being an extensive service and product company operator experiences problem of data insecurity. Data in the business is a much great reason that it consists more than one businesses in operation all over the globe (Laudon Laudon, 2016, p987). The company experiences insecurity of their data and competitors can take advantage of that and maliciously destroy the company operations. Data integrity is a vital aspect of every business and should be carried with heavy considerations to ensure that the data is secured from unauthorized access. Guidelines addressing the problem Some guidelines can be employed to address the problem of data insecurity according to management information systems. The first guideline is encryption of data; it is the aspect of converting the actual data into a format that is only understandable by the sender and the receiver of the information. Encryption dismantles unauthorized access of data reason that an intruder will get the data but will not get to understand the information being conveyed. The second guideline is input control, which is a strategy that makes sure the data put in the system is the right data, which will enhance the effective running of the business. Input controls ensure that there are no malicious data done in the system by staffs with own intentions conflicting with the business perspective (Wang et al. 2014). E-commerce and m-commerce introduction E-commerce is an imperative component of the ICT, and indeed one of its utmost momentous waves is the provision and enablement of electronic commerce. It is the course of buying and vending of products/services using electronic schemes containing the Internet and e-mails. E-commerce is a very cost efficient style of conducting business-to-consumers profit making activities. E-commerce permits economic proxies to reduce the transactional cost mainly. Instead of interior hierarchies, it authorizes the market itself to establish economic activities, which in seizure increases the competence of the not just the occupational but across the whole commodity hawser (Watuthu, Kimwele Okeyo, 2015, p67). E-commerce benefits On application of e-commerce and m-commerce Woolworth, the organization will experience benefits that will improve profit realization at the end of the operation. The benefits include; Wide-ranging products descriptions. An e-commerce position provides its clients with data sheets that contain all the sorts and characteristics of merchandises. The product catalog is a document that gives the customers all the evidence they need about the products that they want to purchase. It is accessible through the search contraptions. According to (Mohapatra, 2013, p43) physical shop stores thrive due to exertions of branding and the relations that the proprietors of the stores produce with stakeholders in their business. An e-commerce website flourishes than receiving large quantities of circulation from search engines. Diminish the cost of upholding and managing inventory. In a physical store, various costs are tangled for the persistence of managing the inventory. It costs spell and money to accomplish inventory. Physical means of handling inventory are tiresome and costly (Turoff et al. 2014). However, it is calmer and cheaper to cope inventory in an e-commerce website. Provision of easy access to the stores is also enhanced. In e-commerce and m-commerce, there is no transport arrangement needed by a particular customer to the stores to view the products and make lines to pay. The customers access the products over the website and make payment through the set techniques by Woolworth Company. Integration of e-commerce and m-commerce Integration of e-commerce and mobile commerce in the organization should be done in an efficient manner that will enhance high productivity in the organization, which in turn will improve sales volume of the company (Lin, Wang, Wang Lu, 2014, p123). To facilitate better integration of e-commerce and mobile commerce a simple database storing data and yield it to its users upon appeal should be created. It should be in a way that accomplishes and recovery information in an organized manner (Monczka, Handfield, Giunipero Patterson, 2015, p76). This data can help make verdict at various stages within an association. Information system identifies that there are different levels of workers in an organization who have their specific obligations and thus provides them evidence is different conducts. Supply chain management and sub processes functions Supply chain management in Woolworth should be converted into an electronic commerce management system, which will enhance management of supply chain in an automated way (Fawcett, Ellram Ogden, 2013, p776). The automated way will help in management to develop chain in a sense that will be useful for a broad range of customers will be able to acquire information about the products right from the start. A particular client will just require accessing the website and slowly learn about the whole supply chain of the Woolworth Company. The sub processes of supply chain management comprise of three methods. The first process is the demand planning used to antedate demand in the market. The function is vital in marketing aspect as it enables the company is aware of what quantity to produce. The other sub process is the supply planning which its primary function is to apportion the right portion of enterprise assets to encounter demand. The last sub process is the demand contentment to fulfill demand speedily and efficiently. Challenges and protection Security risks and threats Various challenges Woolworth organizations face is the security substances for handling dispersed computer grids. According to (Galliers, 2014, p78) a significant amount of e-commerce undertakings, an increased custom of the internet and ever-changing technologies means new threats and jeopardize and vulnerabilities for businesses as occupations and processes are becoming paperless. Mitigation techniques The techniques to protect to alleviate these threats and risks are; Storage controls that ensure that the data is positioned in such a method that it cannot tamper. Another technique is the installation of bot detection and protecting software should be enhanced. The software should perceive evil bots before they access the site of the company. It should be made sure that the software has the aptitude to flag these bots as well as stalling them from the location or redirect them to alternative content. Conclusion Companies that anticipate in improving their profit realization should try to improve their businesses in electronic and mobile commerce that helps much in improving the functions of organizations. E-commerce helps companies to improve sales volume when a large number of customers can make order and purchase products through the website (Van De Walle, Turoff Hiltz, 2014, p90). Woolworth group decide to develop into e-commerce strategy, and they have acquired some benefits they lacked there before. It is recommendable for all companies to move with improved technology in running their business (Laudon Traver, 2013, p342). References Arli, V., Dylke, S., Burgess, R., Campus, R., Soldo, E. (2013). Woolworths Australia and Walmart US: Best practices in supply chain collaboration. Journal of Economics, Business Accountancy Ventura, 16(1). Fawcett, S. E., Ellram, L. M., Ogden, J. A. (2013). Supply Chain Management: Pearson New International Edition: From Vision to Implementation. Pearson Higher Ed. Galliers, R. D., Leidner, D. E. (Eds.). (2014). Strategic information management: challenges and strategies in managing information systems. Routledge. Laudon, K. C., Laudon, J. P. (2016). Management information system. Pearson Education India. Laudon, K. C., Traver, C. G. (2013). E-commerce. Pearson. Lin, J., Wang, B., Wang, N., Lu, Y. (2014). Understanding the evolution of consumer trust in mobile commerce: a longitudinal study. Information Technology and Management, 15(1), 37-49. Mohapatra, S. (2013). E-commerce Strategy. In E-Commerce Strategy (pp. 155-171). Springer US. Monczka, R. M., Handfield, R. B., Giunipero, L. C., Patterson, J. L. (2015). Purchasing and supply chain management. Cengage Learning. Watuthu, S. N., Kimwele, M., Okeyo, G. (2015). The Key Issues Surrounding Electronic Commerce Information Security Management. International Journal of Soft Computing and Engineering (IJSCE), 5(1), 37-42. Van De Walle, B., Turoff, M., Hiltz, S. R. (2014). Information systems for emergency management. Routledge.

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