Assistant Professor, Department of Commerce, Delhi School of Economics, University of Delhi, New Delhi, India
Online published on 10 February, 2014.
Electronic commerce, commonly known as e-commerce, is an industry where the buying and selling of products or services is conducted over electronic systems such as the World Wide Web. Electronic commerce is based on the technologies such as mobile commerce, electronic funds transfer, Internet marketing, electronic data interchange (EDI), supply chain management, online transaction processing, inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web at least at one point in the transaction's life-cycle, although it may encompass a wider range of technologies such as e-mail, mobile devices, social media, and telephones as well. This paper will argue that E-companies are facing Logistics Nightmares and the solution to this problem is the effective Use of 3PL i.e. Third Party Logistics.
Electronic Commerce, World Wide Web, Supply Chain Management, Third Party Logistics