5 Main Ingredients of E-Business Solution

If you want to make an E-Business then you need some ingredients for solution.Today i will discuss 5 main elements of E-Business.
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 5 Main Elements Of E-Business Solutions

1. Web:

Website act as the pioneer role in e-commerce

2. Customer relationship management system (CRM):

“front office” that help enterprise deal directly with their customers. CRM integrates and automates customer serving process within a company.

3. Enterprise Resource Planning System (ERP):

Management Information system that integrate and automate many of the business practices associated with the operations or production aspects of a company. An ERP system includes:

• Production: Manufacturing resource planning and execution process

 • Buying a product: Procurement process

• Sales of products and services: Customer order management process

• Costing, paying bills and colleting: financial/management accounting and reporting process

4. Supply Chain Management (SCM):

A supply chain is a network of facilities and distribution option that performs the function of procurement of materials; transformation of these materials into intermediate and finished product & distribution of these finished products to customer. A supply chain has three essentially main parts: the supply, manufacturing and distribution.

5. Knowledge Management (KM):

Knowledge regarding markets, products, processes, technologies and organization that a business owns that enable its business process to generate profits. Also include the subsequent planning and control of actions.
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