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Technology Management | "Web Trade Technologies: Challenges, Opportunities & Threats"

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Web Trade Technologies: Challenges, Opportunities & Threats

- by Pankaj Kumar & Sameer S. Saigaonkar *

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Page - 3

The following are the statistics provided by Internet & Online Association of India (IOAI).

Year 2002-03 2003-04 2004-05 2005-06 2006-07
  B2c - Rs. Crore 130   255   570   1180   2300  
  % Growth 96%   124%   107%   95%  

Table 1.2: E-commerce Growth Statistics

Potential Opportunities Areas

E-business offers significant benefits and new paradigms for business-to-business transactions on cost, quality and time. These include:

  • Lower costs

  • Higher reach

  • Zero inventory

  • Better interaction

  • Distribute model

  • Efficient and productive processes

  • Human and intelligent customer service

    • Next

    * Contributed by: -
    Pankaj Kumar & Sameer S. Saigaonkar,
    Batch of 2006-2008,
    National Institute of Industrial Engineering, Mumbai.

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