WHAT IS ONLINE BUSINESS

Online Businesses A small blog to a large ecommerce operation can all be considered an internet 
business. If you want to establish your own online business, we'll show you how to make money online, increase website traffic, and use email and social media marketing to advertise your company.


WHAT IS OPERATION MANAGEMENT


Operations management is a branch of business dealing with the management of business practices in order to increase efficiency inside a company. It entails planning, coordinating, and managing the organization's procedures in order to generate the best feasible operating profit by balancing revenues and costs. An operations manager is responsible for ensuring that the organization efficiently translates inputs like resources, labor, and technology into outputs.


Responsibilities in Operations Management

  • Product Design
  • Forecasting
  • Supply Chain Management
  • Delivery Management

ONLINE SHOPPING




Introduction

  • Daraz is the large and popular online market in Srilanka.
  • It's lmitate with men and woman cloths and shoes.
  • It's offers more than 500 brands including jewelry, electronics components, apparels, beauty products.
  • Alibaba group acquired Daraz in 2018. 


Competitive Strategies

  • Sells variety of products
  • Review products by uploading image
  • Follow trends, and seasonal factors to update it products.
  • Reasonable and cheap prices.
  • 11.11
  • Pick up point to eliminate delivery charges.


Sourcing Strategy

  • Daraz itself
  • Alibaba group
  • Importer
  • Wholesale
  • Facebook groups and adertisement

Key Suppliers

  • D-mart
  • D-fresh
  • Alibaba

Inventory Management

  • Fulfillment by Daraz

Logistics

  • Daraz express(DEX)

Supply Chain Diagram

  • Consignment Model
  • Cross-dog Model
  • Drop Ship Model

Quality Principles and Quality Standard


  • De-list the sellers
  • Daraz take strick action against if sellers do not obey the standard.
  • After 5 cancellation order.
  • If the products are return for more tha 4 times.
                 sID - 92084810
Name - S.C.S.W.K.B.P.S.Rathnayake













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