Ecommerce Effect on Steel Logistics

PGP2015-17

Project Report

on

Recent trends in Ecommerce logistic and their adaptation in Steel Logistics process

To Mr. Gopal Kapoor & Mr. Alok Singh

Student Name: - Suraj Tripathy

Roll number: - PGP/19/350

Introduction

The fast development of information and mobile technology in the past few years is changing many aspects of our lives i.e. how we look for the information we seek, how we plan our travel and most of all how we buy products or services. Even though classic store based retail is still preferred, e-commerce, which involves buying and selling of products and services mainly through electronic channels, like computer, tablets, mobiles etc. is gaining ground. The most common form of e-commerce is online shopping. Ecommerce can be of mainly three categories. Most common is business to consumer e-commerce (B2C), where individual customers order various products online, which they then receive through courier, parcel or by post. Second category of e-commerce focuses mainly on transactions between companies or businesses, such as manufacturers and a wholesaler, similarly from wholesalers and retailers and vice versa is called business to business e-commerce (B2B). The next category of e-commerce refers to the transactions between consumer to consumer (C2C), for example of Quickr or other similar websites. Nowadays a fourth category called consumer to business is popping up where consumer can quote their prices to various businesses who then shape their proposition accordingly.

E-commerce in India has a phenomenal growth rate with a CAGR of approximately 35%. The market is expected to reach 100-billion-dollar mark by 2020. The sector is also going to see 72% jump in annual spend on online purchases by individuals...