„Beam me up, Scotty “, says Captain Kirk to his chief engineer, and the next thing we see is Kirk’s body disappearing from Planet X and reappearing on the starship. “Wow”, you think “I wish we could do that for real. The places I would travel to…..” Well, we are not there yet – but with the rapid development of electronic devices, Internet, ERP and the digital age in general, I wouldn’t be surprised if we could build a beamer that powerful within the next 10 years. A university in Germany that concentrates in IT systems engineering, already came up with a machine that can scan an object, transmit it over the internet and rebuild it using a 3D printer in a new location. Imagine you can do that in retail: Sit on your sofa buying a handbag with one click on your device and 20 minutes later it appears magically at your doorstep. Cool, right? But is it really that far off? No, to tell you the truth, it is not even considered to be science fiction anymore. We already buy things with one click, we just need to wait a bit longer than 20 minutes right now to receive the product. But wait – isn’t Amazon already testing delivery by drone? So who knows, the time of purchase to delivery in 20 minutes could actually happen sooner than you think. Especially when it pertains to your Amazon shopping experience.
Alibaba, the largest online business company, does not manufacture or stock products on its own; Uber, the largest transportation network company globally, actually owns no vehicles; Airbnb, leading hotel and travel company, does not own any real estate. One thing they have in common is that they all create evolutionary ideas to disrupt and reform competitive landscape. Owning no inventory nor product doesn’t stop Alibaba being the supply chain management guru. In fact, in April 2016 Alibaba Group has officially surpassed Walmart and become the world’s largest retailer. This set the milestone when the world’s largest retail market shifted from offline to online. “We used 13 years to demonstrate the power of a different business model compared with brick-and-mortar retailers,” the Alibaba Group said. A key success factor for Alibaba is to delivery comprehensive while tailored digital supply chain process to customers.
Amazon is a corporate behemoth that dominates e-commerce and e-fulfillment. What started out as an online bookstore is now a complex online ecosystem that involves thousands of moving parts, including employees, suppliers, and shippers. As Amazon expands and grows, the need to innovate and streamline their supply chain becomes paramount. One of the ways that Amazon innovates their supply chain management is via technology like mobile apps and social media. Their increasingly automated systems alleviate costs, and improve overall speed and productivity.
Organization Name: C&A Marketing Industry: Online Retail Web References: Website Description of how social media is used for business performance Some of the most famous examples of social media for product development come from the food industry – for example, the Lay’s Do Us a Flavour flavour creation competition (and many similar competitions, like Mountain Dew’s Dewmocracy),or the Doritos’ Crash the… Read more »