Benefits of online trading for companies and institutions :
- online trading expand market extention to international and global extention. With little cost, could Any company and more consumers find the best suppliers and partners the most appropriate and quick and easy.
For example, in 1997 The Boeing Company for the provision of Mali 20% of the original cost, after the announcement of the The need to plant for the manufacture of the part of the company.
The announcement on the company's Web site. Hungarian company responded to this request has been presented the Hungarian company is cheaper, better and faster than the rest Companies. - Reduce the costs of e-business creation, processing, distribution, preservation and retrieval of information on paper. For example, .
Finding the online procurement, companies can cut administrative costs for the purchase of 85 per cent - Ability to create highly specialized trades. For example, in a normal situation, the dog games can Purchased from any place of the animals. But now to find sites on the net only in the specialized dog games see http://www.dogtoys.com/!
- online trading allows the reduction of inventory through the use of the process of drawing management system Supply chain. In the drawing, the process begins with access to commercial demand by the consumer Just-in-Time and provide the consumer through the application of appropriate temporary manufacturing - The process of drawing allows the manufacture of the product or service in accordance with the requirements of the buyer and this gives the company an advantage Commercial rivals. The biggest example of this is for the manufacture of Dell computers. This study will be Later.
- online trading reduces the time between disbursement of funds and access to products and services. - online trading has caused re-engineering business processes. Through this change, the productivity of vendors . Staff and administrators jump to more than 100 % - online trading reduces the cost of telecommunications - The Internet is much cheaper than the Value Added Networks. Value-added networks -
And other benefits include improving the image of the company and improve customer service and find new business partners and to facilitate Operations and reduce the time to send the products and services and raise productivity and the disposal of securities and reduce Finally, the costs of transportation and increase flexibility in the deal.
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