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E-Commerce

Electronic commerce, commonly known as e-commerce or eCommerce, consists of the buying and selling of products or services over electronic systems such as the Internet and other computer networks.

• Electronic funds transfer - Electronic funds transfer or EFT refers to the computer-based systems used to perform financial transactions electronically.
• Supply chain management - Supply chain management (SCM) is the process of planning, implementing and controlling the operations of the supply chain as efficiently as possible. Supply Chain Management spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point-of-origin to point-of-consumption.
• Internet marketing - Internet marketing, also referred to as online marketing, Internet advertising, or eMarketing, is the marketing of products or services over the Internet.
• Online transaction processing - Online transaction processing, or OLTP, refers to a class of systems that facilitate and manage transaction-oriented applications, typically for data entry and retrieval transaction processing.
• Electronic data interchange (EDI) - An inter-company, application-to-application communication of data in standard format for business transactions, Electronic Data Interchange (EDI) is a set of standards for structuring information that is to be electronically exchanged between and within businesses, organizations, government entities and other groups.
• Inventory management systems - A list for goods and materials, or those goods and materials themselves, held available in stock by a business. The stock is then managed electronically.
• E-tailing or The Virtual Storefront and the Virtual Mall - As a place for direct retail shopping, with its 24-hour availability, a global reach, the ability to interact and provide custom information and ordering, and multimedia prospects, the Web is rapidly becoming a multibillion dollar source of revenue for the world's businesses.
• The Security of Business Transactions - Seurity includes authenticating business transactors, controlling access to resources such as Web pages for registered or selected users, encrypting communications, and, in general, ensuring the privacy and effectiveness of transactions. Among the most widely-used security technologies is the Secure Sockets Layer (SSL), which is built into both of the leading Web browsers.

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For more information on e-commerce, please email email@healyconsultants.com or telephone us at (+65) 6735 0120.

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