Transition to E-commerce in India

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Transition to E-commerce in
India
Challenges to Indian corporate
 Awareness,16%
 Infrastructure and access
 Human capacity and skills
 Legal and regulatory framework
 Financial institutes
 Internal resistance(cultural changes, not many are
prepared)
External driving factors
 Sheer necessity
 Global market
 Value for money
 No-entries barriers
Need of Act 2000
 For legal recognition transaction carried out by means
of electronic data interchange and other means of
electronic communication
 For electronic filling of documents ,with govt. agencies
 For delivering govt. services by means of reliable
electronic records
Overview of ACT-2000
 Electronic contracts will be legally valid
 Legal recognition of digital signature
 DS to be effected by use of asymmetric crypto system
and hash function
 Security procedure for ER & DS
 Appointment of certifying authorities and controller
of CA.
 CA should get license to issue digital signature
certificate
 Various types of computer crime defined and penalties
are decided
 Appointment of Adjudicating Officer
 Establishment of cyber appellate Tribunal
 Appeal from Adjudicating Officer to cyber appellate
Tribunal not to civil court
 Appeal from cyber appellate Tribunal to high court
 Act to apply offences committed outside India
 NSP not to be liable in certain areas
 Power of police officers to enter into any public place
and search and arrest without warrant
IT Act enables
 Legal recognition to electronic record
 Facilitate electronic communication by means of
electronic record
 Acceptance of contract expressed by electronic mean
 Facilitate e-commerce and EDI
 Facilitate electronic filing of documents
 Retention of documents in electronic form
 Prevent computer crime, forged electronic record
falsification in e-commerce and electronic transaction
Positive aspects for corporate
sector
 E-mail will now be valid and legal form(memos)
 E-commerce using legal infrastructure
 Able to use DS
 Entry of corporate in the business of being CA
 2001-2002,4% ,hike in online shopping
 2001-2002,13%-16%, Internet user
 Cost- effective, time saving and profitable solution
 Push for e-commerce adoption
 Started using EDI & E-SCM
Modern trends in E-business
 E-business process
Information sharing
Order payment
Fulfillment
Service
Support
Modern trends in E-business
 Need
 Security
 Infrastructure
 Digital cash
 Online catalogs
 EDI
 E-mail
 Institution
E-strategy
Technology
Market
Integrated Estrategy
Brand
Service
Dimensions of E-strategy
Leadership
Technology
Service
Infrastruct
ure
Market
Brand
Organizati
onal
The commerce value chain
Attract(Adver.)
Interact(Catal.
sale)
Act(Order
capture)
React(Cust.
service)
Planning the E-commerce project
 Identifying the initiative’s objective
 Linking Objective to business strategy
 Managing business strategy
 Continuing operation of the initiative
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