Month: February 2022

1. Business to Business(B2B) It’s a business platform that caters for the needs of other businesses. There is no consumer angle in B2B platforms of product offerings e.g. Amazon web services 2. B2BC It’s a platform product that caters to Read More …

A platform is a structure that allows multiple products to be built within the same technical framework. Companies invest in platforms in the hope that future products can be developed faster and cheaper than if they are built on standalone Read More …

1. To ensure data safety and integrity 2. After sale services e.g. helpdesk services or call centres 3. Training of personnel 4. Operations and maintenance 5. Implementation of e-procurement functionality across all departments. 6. Customizing softwares to allow scalability.

It is the process where the company uses their own workers (in-house team) to develop ot implement an IT system that fits the specific needs of the company. This process allows for the creation of a more customized system that Read More …

Outsourcing it is the use of external service providers to effectively deliver IT enabled business process, application services and infrastructure solutions for business outcomes. There are 3 types of outsourcing: Bodyshop outsourcing- it is a situation where management uses outsourcing Read More …

Sourcing is finding or obtaining a potential supplier for goods and services. Strategic sourcing is a complicated process involving a number of interrelated tasks e.g.: 1. Identify or re-evaluate needs- in some instances, needs must be re-evaluated because they have Read More …

1. The software should be secure and not vulnerable. It should be virus free and able to combat a threat through active scanning and elimination of detected threats. 2. The system should be scalable. The capacity of a system to Read More …

1. OFF-THE-SHELF APPLICATIONS It is short form for commercial off the shelf (COTS) It’s software that is ready made and available for sale to the general public e.g. Microsoft Office is a COTS product that is packaged as a business Read More …

Technological developments have a range of impacts on business and purchasing activity; 1. Automation and computerization raises productivity by allowing faster, more accurate, more consistent work than human beings can achieve alone. A supplier with access to advanced design, manufacturing, Read More …

An e-contracting process or life cycle consists of a number of phases where each phase constitutes activities confined to that phase. At a broad level, we classify e-contracting processes into three phases: 1.E-contract formation. The following steps take place during Read More …