Suneel Sahi        ISM        Ecommerce

ISM

Individual Report

Ecommerce

Health Care

Prepared By

Suneel Sahi


Contents

Ecommerce

Introduction……………………………………………………………....3

Healthcare Industry………………………………………………………3

Successful ebusiness models……………………………………………..4

External Risks……..……………………………………………………..4

Rewards………………………………………………………………….5

Future of ecommerce…………………………………………………….5

Recommendations…………………………………………………….…5

Ecommerce

Introduction

E-commerce is changing the shape of how transactions are conducted, providing businesses with accuracy, speed and an efficient delivery method. However people are realising that a robust infrastructure is needed to generate a better alignment of solutions in the long term.

Ecommerce allows you to deliver your services or products at any moment and anywhere. Your business will become global in a matter of seconds allowing millions of users unable to make it to your office become your best customers and friends. Without the need of them to travel they have a library of choice in the luxury of their own time and space. The buying power of the customers is increasing as well as the selling power of the business as millions of transactions are made every second.

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Prices for customers will be reduced, as the business will have lower overheads and inventories. However there must be a trust relationship between the suppliers and consumers providing an efficient supply chain.

Healthcare industry

The health industry for example is using ecommerce as a source of information that businesses are providing, whether it is selling health advice or health products. In this industry the information can be of a highly sensitive nature. There are regulatory bodies that govern the way business is conducted. HIPPA is one standard that protects the patient’s right.

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