Stages of Electronic Connections Between Businesses

E-Business > Forum

In the forum section you will find recent discussions within this knowledge area.

Stages of Electronic Connections Between Businesses
Marten van der Zee, Student (University), Netherlands, Premium Member
In the connected economy, parties in the business chain are electronically integrated. Business models are influenced by the use of internet technology. R.J. Vonk has come up with the following 5 phases before a company is 100% connected:br>
1. Organizations give unilateral information on their website like product information and price lists.
2. Organizations exchange information, and transactions are set up via the internet.
3. Organizations connect themselves online more intensively. For example by adjusting their IT-systems. The benefit of this is that they don't have to enter information twice (such as article codes). This results in time reductions and less mistakes.
4. Organizations exchange information about purchase, sales, and stock situations. Using this information in planning systems, the supplier can manage the stock at the customer's side.
5. Organizations are aligning their business processes and are using these processes together. The costs ...Sign up

Special Interest Group Leader

Interested? Sign up for free.

Best Practices

    Expert Tips



    About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
    2019 12manage - The Executive Fast Track. V15.0 - Last updated: 24-4-2019. All names of their owners.