Stages of Electronic Connections Between Businesses

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Stages of Electronic Connections Between Businesses

🔥 In the connected economy, parties in the business chain are electronically integrated. Business models are influenced by the use of internet technology. We can distinguish several 5 phases before a company is 100% connected:

1. Organization gives unilateral information on their website like product information and price lists.
2. Organization exchanges information, and simple transactions can be set up via the internet.
3. Organization connects online more intensively. For example by adjusting its IT-systems. The benefit of this is that information does not have to be entered twice or more (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 are mutually settled. Examples: online catalogue in the tender phase, e-procurement after receiving the order, online supply information using order execution, e-billing/self-billing instead of sending invoices, e-banking when paying.

I am looking forward to your builds on stages of electronic (internet) connection between businesses...

		Comments Rating
		1 Jaap de Jonge Editor, Netherlands
	Model of E-Businesses Development Stages Indeed we often see following stages being mentioned in various e-business stage models: 1. Presence (non transactional) 2. Portals (allowing sell/buy transactions) 3. B2C and B2B (low level collaboration) 4. E2E (high level collaboration, integrated supply chain planning).