| s thousands of IT- professionals are aware of the | | | | mostly about the enterprise part. This is |
| fact that SCM/e-marketplace is getting more and | | | | ERP’s core set. The system attempts to |
| more popular. Business is a community where | | | | integrate all departments and functions across a |
| everybody is interdependent. Success of one party in | | | | company into a single computer system that can help |
| business correlation brings benefits to the other one. | | | | to serve all those particular needs of different |
| Failures of others are turning into your own. Our | | | | departments. People in the departments all see the |
| everyday life demands are constantly changing. No | | | | same information and can update it. Each of those |
| wonder that being the best in your domain requires | | | | departments has its own computer system optimized |
| excellence in everything especially if it is an IT | | | | for the particular ways that the department does its |
| industry which serves as a helping hand for the | | | | work. ERP combines them all together into single |
| overwhelming majority of other ones. | | | | integrated software program that runs off a single |
| Business is a community where everybody is | | | | database so that the various departments can more |
| interdependent. Success of one party in business | | | | easily share information and communicate with each |
| correlation brings benefits to the other one. Failures | | | | other. |
| of others are turning into your own. Our everyday | | | | You also know that CRM (Customer Relationship |
| life demands speed in every single step and action. | | | | Management) is an information industry term for |
| No wonder that being the best in your domain | | | | methodologies, software, and usually Internet |
| requires excellence in everything whether it is | | | | capabilities that help an enterprise manage customer |
| gardening or IT industry. So what is SCM | | | | relationships in an organized way. For instance, a |
| e-marketplace and what business really want from it? | | | | company might build a database about its customers |
| E-marketplace is known as Internet-based | | | | that described relationships in sufficient detail so that |
| environment that brings together business-to-business | | | | management, salespeople, people providing service, |
| buyers and sellers so that they can trade more | | | | and the customer directly could access information, |
| efficiently online. Today we are living in a high-tech | | | | remind customers of service requirements, and know |
| era that offers lots of benefits to people. Among | | | | what other products a customer had purchased, and |
| such benefits e-marketplace can be mentioned. It has | | | | so on. |
| taken corporate world with a swift trust. What can | | | | Supply Chain Management (SCM) deals with the |
| be noticeable in a further growth on that road is a | | | | planning & coordination of resource procuring, product |
| common feature in the behavior of many companies. | | | | marketing, production scheduling, and end-product |
| None of them paid attention to a new emerged | | | | delivering across multiple organizations. With the |
| system because most of them were concerned | | | | emergence of e-Marketplaces, it is natural to seek |
| about reliability of a new system. But time brought | | | | automated solutions that are capable with coping |
| changes and e-marketplace has made it easier for | | | | with dynamic market conditions and evaluating a large |
| companies to interact with customers and suppliers | | | | number of procurement options in real time while |
| online and proved its safety. Moreover, customizing | | | | taking into account strategies employed by market |
| conventional online services have proven to be a | | | | competitors. It is therefore necessary to use |
| boon for many people. | | | | automated programs or software trading agents to |
| Electronic marketplace (e-marketplaces) has a | | | | support and perform Supply Chain Management. |
| profound influence on the way in which organizations | | | | Nowadays modern eMarketplaces deliver a much |
| manage their supply chains. Followers of | | | | higher return for less investment. It helps to arrange |
| e-marketplace concept suggest that web-based | | | | many-to-many connectivity instead of one-to-one, |
| trading systems would enable companies to more | | | | higher efficiency due to lower connection and |
| efficiently buy, sell, and manage their supply chain | | | | network costs that saves time. |
| processes on a global scale. Besides every single | | | | Advantages from applying such system vary |
| company that has decided to apply to that system | | | | between industries. But there can be some common |
| states the extension of their e-business tools of | | | | features that can easily gather all businesses under |
| e-marketplace which are useful in channeling | | | | one SCM/e-marketplace roof. |
| members in the retail sector for business-to-business | | | | General business benefits can be gained from new |
| Supply Chain Management flow. | | | | partnerships and collaboration between businesses of |
| Most of the companies are turning to e-marketplaces | | | | one organization or from several interdependent |
| to scale up efficiencies, lower costs and broaden | | | | businesses of one company of enterprise. In that |
| market reach in their domain. | | | | case supply chain management is more active and |
| The key benefits for users of such system are | | | | effective. |
| reduced purchasing costs, greater flexibility, saved | | | | Established & operating in a hi-tech way |
| time, better information, and better collaboration. | | | | e-marketplace system can provide a level of |
| However, the drawbacks include costs in changing | | | | confidence and faith for all engaged in working with |
| procurement processes, cost of applications, set-up, | | | | that. |
| and integration with internal systems, and transaction | | | | Also e-marketplaces offer declining of promotion, |
| subscription fees. With electronic marketplace you do | | | | marketing and advertising costs. That is why other |
| more business. | | | | information systems and channels can be hardly |
| There are three distinct types of e-marketplace: | | | | compared to SCM/e-marketplace. |
| independent, in which public environments seek simply | | | | But before breaking your neck in using e-marketplace |
| to attract buyers and sellers to trade together; | | | | it is always better to decide properly whether it fits |
| consortium-based, in which sites are established on an | | | | to your business or not. There are some issues that |
| industry-wide basis, typically when a number of key | | | | need to be considered. |
| buyers in a particular industry get together; and | | | | -You should take into account your domain (whether |
| private, in which e-marketplaces are established by a | | | | it is a chewing gun manufacturing or heavy industry). |
| particular organization to manage its purchasing alone. | | | | -You need to know who share the profits & the |
| Supply chain management (SCM) is the integrated | | | | risks in order to reduce costs |
| management of materials and information from raw | | | | -You need to make sure that your company has a |
| material suppliers to the delivery of the finished | | | | strong image or brand to think about marketing and |
| product to the customer. The integrated | | | | promotion without fear of being mistaken. |
| management includes product design, production, | | | | -You should definitely take into account technical |
| distribution, and transportation functions. Different | | | | issues and your facilities to cope with tough situations |
| links in the supply chain – such as | | | | which might occur. |
| manufacturers, materials, vendors, and retailers - are | | | | Good SCM/e-marketplace solutions require a |
| collaborating using web-based technologies. | | | | synthesis of several fields: information technology, |
| To succeed in an e-marketplace, you need SCM | | | | economics, industrial operations research, organization |
| applications that deliver real-time communication | | | | management, artificial intelligence, multi-agent systems |
| solutions and have the flexibility to manage rapid | | | | and statistics. |
| change. Moreover, your SCM solution must add value | | | | These facts prove that eMarketplace, or electronic |
| as part of an integrated enterprise. It should | | | | marketplace creates a single standard process for |
| communicate evenly with enterprise resource planning | | | | transacting business with lots of pluses & bonuses. It |
| (ERP), customer relationship management (CRM), and | | | | is more than just the next wave of computer-aided |
| e-business system solutions. | | | | marketing; it's a way of doing business. This is |
| In Enterprise Resource Planning (ERP) you should | | | | exactly what business needs. |
| remember not about resource or planning itself but | | | | |