Académique Documents
Professionnel Documents
Culture Documents
Group 8
31/09/2014
Akansha Singh
Kujja Shiva Shankar
Masiullah Khan
Niharika Dembla
Rimzhim Mathur
S Madhurakshara
Shashank Yadav
The company should have kept track of its account receivable ,and improved
receivable turnover.
It had buy first sell later approach which would deeply hurt the business in
cases of high price fluctuation.
There was large inventory pile up due to the lack of proper information flow
about clients and suppliers .
Proper book keeping should have been done to maintain records of product
procurement, sales and inventory.
The chain store model helped customer to easily access the products.
Large inventory made sure that there was minimum delay and no equipment
were out of stock.
4.What were the strengths of the new business model of Meonline after to E-business transformation?
The various business and management functions were highly efficient as the
inventory could be managed scientifically , distribution and procurement
management became easier.
It was easy to use, and the browser at the user end upgraded automatically.
It was the first company to issue value added tax invoices online.
The ability to establish control systems in tandem with the e-business system
to reduce its operating risk.