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A construction firm, Tyne Construction Ltd, wishes to benefit from the e-business but needs some expert advice regarding the e-business.

Extracts from this document...

Introduction

Introduction The E-business has witnessed an increasing trend in its applications within the construction industry over the last few years. Significant efforts have been made to categorise e-business activities in order to help the industry identify the potentials of each category in business improvement. A construction firm, Tyne Construction Ltd, wishes to benefit from the e-business but needs some expert advice regarding the e-business and the following e-business categorisations: 1. Product and supplier search (construction portals) 2. Project hosting The report will also need to include three e-business providers within each of the categories and they must be compared and contrasted. Out the selected providers, two (one from each category) is to be recommended for adoption to the firm. What is E-commerce? The Internet today is a very important tool in everyday life. It used widely among many people for various uses such as * Communicating and collaborating * Searching, accessing and retrieving information * Provide information * Sharing information * Entertainment and leisure * Carrying out business and financial transactions * Participating in online discussion The Internet is made easier to use for individuals and business by the use of e-commerce. E-commerce is where business transactions take place via telecommunications networks, primarily the Internet. It is not only just buying and selling but also servicing customers and collaborating with partners and conducting electronic transactions. ...read more.

Middle

Many different types of markets can be easily accessed with no restrictions. The Benefits to a Construction Company Construction projects can be very expensive and so any opportunity to save money or time should be taken. This can be achieved by the use of e-commerce. As there are many parties involved in a project such as the; client, contractor, architect, quantity surveyor, service engineer, sub-contractors, material suppliers, local council, etc, the communication between them via telephone or appointment or letters can be time consuming. But with the use of e-commerce any exchange of communication can be done by the various methods mentioned previously such as email or file transfers. It is cheap and quick as there is does not involve numerous paper copies of documents and data and the management of files is easier. Categorisations E-commerce can be split into many categorisations. The two, which will have an effect on Tyne Construction Ltd, are 'Product and Supplier' and 'Project Hosting' Product and Supplier In relation to e-commerce it refers to sites on the Internet giving information on products, in this case construction products, together with a list of suppliers of such products. Basically it is a catalogue with products and a list of where the product can be purchased. Examples of product and supplier sites are http://www.engnetglobal.com This is a directory and buyers guide service aimed at the engineering industry. ...read more.

Conclusion

Has it got it's own search engine to find products within that site Yes Yes Yes Does it offer customer service Yes Yes Yes Does it offer help/ assistance to the site No Yes No Has it got an option to go to other similar sites (links) Yes Yes Yes Is it updated regularly Yes Yes Yes Extra features on site A huge source of information, service, products etc for the construction industry as it's one of the main hosting sites. Section on "how do I" which is a fools guide to how to use the site-very useful. When searching a product it has the option of entering the activity the product will be used for, very simple and useful. Unlimited access to Made-in-China.com's extensive database of Chinese products and suppliers 2. Use the Virtual Office to manage all of your online trading with ease; including a calendar with notification system, message centre and product/company profile administration. 3. Send inquiries directly to companies, post offers to buy, sell or cooperate and set alerts for new products. 4. Gain access to a wealth of useful information ranging from details on how to obtain a Chinese visa, to international trade laws. 5. If you are a Chinese member, and the company and products information has been successfully published, you may own a showroom automatically! 6. ...read more.

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