Emerging Trend in E-Commerce in Textile & Apparel
is an exemplary concept in the future of textile and apparel industry. It is
playing a major role in the present scenario of textile and apparel industry.
It is also very significant that the future of textile and apparel industry is
complete only with E-commerce. Diverse e-commerce applications are being
implemented in the textile and apparel supply chain. Information and
communication technologies (ICTs) have the capacity to make extravagant amounts
of information available to users located in various parts of the world. ICTs
also facilitate rapid communication between them. One application of these
technologies is in the development of e-commerce to support electronic trading.
A new concept and scope
can be specified as any form of economic activity conducted through computer mediated
networks. The potential of e-commerce caught the public attention as a result
of ventures such as the electronic bookshop. As a result there are a growing
number of other Internet-based retailers in the business-to-consumer (B2C)
e-commerce area. However, business-to-business (B2B) e-commerce is growing much
more quickly than B2C forms of electronic trading. Ecommerce is a new and
exciting technology, attracting much interest. It has the power of
fundamentally changing the ways in which companies do business. It is having a
profound effect on the management of the supply chain. Aspects of e-commerce
are much diversified.
has a large impact on industry as a whole including aspects associated with
Business-to-consumer (B2C) ecommerce, business-to-business (B2B) e-commerce.
In recent years there has been a dramatic increase in companies practicing
electronic commerce. Two basic modes of organizing such companies have emerged.
The first is a creating a "brick-and mortar" company, by installing
an e-commerce division.
The author is associated
with the Department of Fashion Technology, PSG College of Technology, Coimbatore.
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