Collaborative Commerce (C Commerce) Definition
Collaborative commerce (C-commerce) refers to an effective use of digital technology in harnessing supply chains and distribution channels in order to gain advantage of the global economy. When personnel interaction and employee collaboration occur using the new (digital) technology, collaborative commerce has occurred. Companies that are interested in making the most effective use of situation and resources around them engage in collaborative commerce.
Business partners can also interact with one another using technological platforms that will enhance their efficiency and profitability. Hence, the use of electronic channels to integrate personal interaction and employee collaboration between businesses or in a business is collaborative commerce.
A Little More on What is Collaborative Commerce – C-commerce
In certain cases, the need for business to business interaction arise, this include integration of their employees and collaboration to achieve certain goals. Collaborative commerce (C-commerce) enable businesses optimize their supply and distribution channels using the digital technology. C-commerce entails integration of various business personnel, employees, supply channels and other business techniques so as to make the best use of the global economy. C-commerce is widely used by business partners in enhancing profitability and efficiency. It can be used within the same industry or across different industries, all collaborations and interactions are however executed online.
Example of Collaborative Commerce
If company A specializes in producing beer cans and has been doing this successfully overtime, but recently, company has devised new strategies which are more profitable and more effective in producing beer cans, collaboration or integration can occur between company A and company B.
The collaboration between these two companies will include the integration of their workforce and interaction between their personnel in producing, marketing and selling these products. Company A that collaborates with company B is then able to make more profits since it no longer produces on its own but collaborates with company B. both companies are now able to produce at a higher margin and reach more customers in little time, making more profits.
References for C Commerce
- https://www.investopedia.com › Investing › Financial Analysis
- en.ecommercewiki.info › E-Commerce Wiki › Fundamentals
Research Article for C Commerce
Factors affecting the adoption level of c–commerce: An empirical study, Chong, A. Y. L., Lin, B., Ooi, K. B., & Raman, M. (2009). Journal of Computer Information Systems, 50(2), 13-22.
An architecture for C–commerce system design, Park, H., & Suh, W. (2003, May). In International Conference on Computational Science and Its Applications (pp. 571-580). Springer, Berlin, Heidelberg.
On Mat ch of Product and Elect roni c Commerce [J], Jian, X. X. C. (2000). NANKAI BUSINESS REVIEW, 4.
The role of technological know-how in c–commerce success, Hartono, E., Holsapple, C. W., & Jin, H. (2011). Decision Support Systems, 51(1), 77-87.
The influences of knowledge exchange on organizational c–commerce success and crisis readiness: The case of the crisis of an automobile manufacturing and …, Wang, W. T., & Hsiao, C. P. (2014). Decision Support Systems, 68, 1-14.
C–Commerce-Die Zukunft von Unternehmensnetzwerken, Schuh, G., Friedli, T., & Kurr, M. (2001). Industrie Management, 17(5), 19-23.
Trust drives c–commerce, Sgarioto, M. S. (2001). Msi, 19(6), 14-14.
Frame of insurance c–commerce [J], ZHANG, L., & ZUO, C. (2002). Computer Engineering and Design, 10.
Ewolucja zintegrowanych systemów wspomagania zarządzania klasy ERP w kierunku C–commerce, Parys, T. (2002). Prace Naukowe/Akademia Ekonomiczna w Katowicach, 113-121.
Collaborative Commerce (C‐commerce), Heisterberg, R. J. (2004). The Internet Encyclopedia.