E-Commerce transforms businesses
Stage one: increasing efficiency
Examples of process e- commerce
VSEL - ship building:
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Electronic Product Definition reduced man- hours to 25% of previous levels and halved time to market.
Rover - car manufacturing:
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6 month reduction in time to market
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75% reduction in build problems
Bombardier- Shorts - aircraft manufacturing:
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50% reduction in development time
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80% reduction in integration problems
Stage two: transforming the business
Cost to Bank - typical US funds transfer
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