Business Advantage from E-Commerce in Fashion Industry Essay - 1

Business Advantage from E-Commerce in Fashion Industry - Essay Example Internet marketing or e tailing offers other distinct advantages of (Marciniak & Bruce, 2009, p.259). Fernie & Sparks (2009) proposed a model that stated the use of technology for ensuring procurement practices at the organization. The model largely states the use of technology intensive software packages as well as use of online channel to facilitate competitive advantage(Fernie & Sparks, 2009, p.29). Outbound logistics for e-tailing industry implies the cost for delivery of goods to the customers. The revenue margin gained from cost savings in inbound logistics helps in taking care of the cost of outbound logistics. Fashion retailers can be classified into four main categories namely, brick and mortar based retailers, virtual e-retailers, catalogue based retailers and multi-channel retailers. Internet has largely changed the supply chain dynamics of the fashion retailers with firms trying to use the internet for developing better relationships with the customers (Marciniak & Bruce, 2009, p.260). Internet based online marketing firstly helps in providing efficient and fast service to the customers as e-tailing helps in integrating the sales activities with after sales support to generate greater value for the customers. Secondly, cost based advantages include reduced cost of inbound logistics as firms eliminate many intermediaries who serve to reduce the margins while not adding any significant value to the product offering. Thirdly firms also get access to a large database of customers which can be subjected to data mining techniques to generate competitive advantage (Windischhofer, 2003, p.24) . Marketing and supply chain management practices are largely correlated with each other. Marketing strategies are essentially forming the basis for supply chain activities of an organization. Supply chain strategies are largely the outcomes of the relationship between the suppliers.

Finance Analysis Assignment Example | Topics and Well Written Essays - 500 words

Finance Analysis - Assignment Example The company’s debt to total assets and the debt to equity ratio clearly shows that the company has been keen towards loan finance and currently the company’s debt as a percentage to its total has exceeded over 50%. The company’s quick ratio portrays a falling trend. This reduction in the quick ratio suggests that the company may face problems in paying of its obligations as they fall due, this can be because of an increase in debt obligation and a reduction in the ability to convert stock into cash (as shown by the inventory turnover ratio). 2. Assuming that the share price for REC company is $30, the company’s P/E ratio in the year 2004 would be 15.3 (30/1.96 (Market price per share/ EPS)). This P/E ratio can be considered to be good with respect to the clothing industry, hence it can be deduced that a $30 price per share for the REC company is the best value for money for an investor (Yahoo Finance, 2011). 3. The days payable outstanding ratio for the REC company is 41 days. This collection period is higher than the industry average, hence it clearly suggests that the wholesaler would be paid in comparison to the industry trend. As a wholesaler, this would not be amusing and would result in selling shoes to other retailers rather than REC company, who would pay a bit earlier i.e. in line with the industry average of days payable outstanding ratio. 4. As a recent college graduate, I would definitely join the company as the company seems to be a good learning prospect. The company operates in two different industries i.e. recreational equipment and clothing hence it would provide good learning exposure for me. The company’s finance department seems to be operating efficiently, considering the financial statements and the ratios prepared by the finance department. The financial statements seem to prepared after considering the relevant accounting and financial standards hence it the seniors