Revolutionizing Digital Retail: Leveraging the Full Potential of the E-commerce Supply Chain

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Revolutionizing Digital Retail: Leveraging the Full Potential of the E-commerce Supply Chain

Subject: Business
Type: Short Report
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469 180
  • Volume : 1 Issue : 2 2023
  • Page Number : 13-16
  • Publication : ISRDO

Published Manuscript

Title

Revolutionizing Digital Retail: Leveraging the Full Potential of the E-commerce Supply Chain

Author

1. Niyati Datwani, Student, Dublin City University, Ireland
2. Meenakshi Srinivasan, Student, Dublin City University, Ireland
3. Simran Naughane, Student, Dublin City University, Ireland

Abstract

This paper explores the role of the e-commerce value chain in the digital transformation of the retail industry. It delves into the various components of the value chain, from product sourcing to customer service, and discusses how businesses can optimize these elements to enhance their competitive advantage, improve customer satisfaction, and achieve sustainable growth. Integrating systems, data analytics, and strong partnerships are highlighted as critical strategies for maximizing the potential of the E-commerce value chain in the rapidly evolving digital marketplace.

 

Keywords

E-commerce Digital Retail Value Chain Customer Satisfaction Supply Chain Efficiency Online Retail Digital Marketing

Conclusion

The E-commerce value chain is a critical element in the digital transformation of retail, offering numerous opportunities for businesses to grow and adapt to changing consumer behaviours. Businesses can improve their operational efficiency and stay competitive in a dynamic digital environment by optimizing each stage of the value chain and embracing strategies such as system integration, leveraging data analytics, and building solid partnerships. Innovation remains a key driver in this landscape, ensuring continuous improvement and adaptation to new market trends and consumer needs. The future of retail lies in the effective exploitation of the E-commerce value chain, making it a pivotal aspect for businesses seeking to thrive in the digital age.

Author Contrubution

The author confirms sole responsibility for the following: study conception and design, data collection, analysis and interpretation of results, and manuscript preparation.

Funding

The authors did not receive any specific grants from funding agencies in the public, commercial, or non-profit sectors for the research, authorship, and/or publication of this article.

Conflict of Interest

All authors declare that they have no conflicts of interest.

Data Sharing Statement

Not applicable

Software And Tools Use

Not applicable

Acknowledgements

I thank the following individuals for their expertise and assistance in all aspects of our study and for their help in writing the manuscript. I am also grateful for the insightful comments given by anonymous peer reviewers. Everyone's generosity and expertise have improved this study in myriad ways and saved me from many errors.

Corresponding Author

ND
Niyati Datwani

Dublin City University, Student, Ireland

MS
Meenakshi Srinivasan

Dublin City University, Student, Ireland

SN
Simran Naughane

Dublin City University, Student, Ireland

Copyright

Copyright: ©2024 Corresponding Author. This is an open access article distributed under the terms of the Creative Commons Attribution License , which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

Datwani, Niyati, et al. “Revolutionizing Digital Retail: Leveraging the Full Potential of the E-commerce Supply Chain.” Scientific Research Journal of Business, Management and Accounting, vol. 1, no. 2, 2023, pp. 13-16, https://isrdo.org/journal/SRJBMA/currentissue/revolutionizing-digital-retail-leveraging-the-full-potential-of-the-e-commerce-supply-chain

Datwani, N., Srinivasan, M. & Naughane, S.. (2023). Revolutionizing Digital Retail: Leveraging the Full Potential of the E-commerce Supply Chain. Scientific Research Journal of Business, Management and Accounting, 1(2), 13-16. https://isrdo.org/journal/SRJBMA/currentissue/revolutionizing-digital-retail-leveraging-the-full-potential-of-the-e-commerce-supply-chain

Datwani Niyati, Srinivasan Meenakshi and Naughane Simran , Revolutionizing Digital Retail: Leveraging the Full Potential of the E-commerce Supply Chain, Scientific Research Journal of Business, Management and Accounting 1, no. 2(2023): 13-16, https://isrdo.org/journal/SRJBMA/currentissue/revolutionizing-digital-retail-leveraging-the-full-potential-of-the-e-commerce-supply-chain

870

Total words

458

Unique Words

39

Sentence

21.410256410256

Avg Sentence Length

0.27923100759639

Subjectivity

0.080284067784068

Polarity

Text Statistics

  • Flesch Reading Ease : 9.59
  • Smog Index : 16.6
  • Flesch Kincaid Grade : 16.7
  • Coleman Liau Index : 21.29
  • Automated Readability Index : 21.1
  • Dale Chall Readability Score : 11.05
  • Difficult Words : 267
  • Linsear Write Formula : 25.333333333333
  • Gunning Fog : 14.48
  • Text Standard : 16th and 17th grade

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