E-commerce in 5 years

The benefits of Road mapping include: The creation of a shared product-technology strategy, the creation of long-range product and technology planning, facilitates learning which ensures that functions communicate and collaborate, and road mapping improves a competitive edge.
Two important factors to consider when considering good e-commerce practices are functional requirements and non functional requirements. Each of these affects the daily operation of the online procurement system. The consumer interacts with each item and their sub compartments during each purchase. Functional requirements are the expected services provided by procurement systems. Non functional requirements deal with how well the systems work. The difference between the two is important, but they cannot operate fluidly without each other.

Functional requirements of the procurement system can support the identification, selection and execution phases of the procurement process. In the identification phase the vendor must provide descriptive information and attempt to entice the consumer to seek more guidance about products offered. It is the front line of the system and the first opportunity a consumer gets to see the product. In the selection phase the vendor needs to provide pricing and other relevant information that lets the consumer compare different product offerings. This can be comparison within your business and comparisons with other items offered online from competitors. The execution phase facilitates the exchange of information needed to complete the transaction. Ease of purchase, online tracking and post sale follow-up are all factors of the execution phase of procurement. This is the final exposure a purchaser has with the company. At this point many simple things should be established to solidify a repeat customer.

Non functional requirements focus on the usability, security, reliability, and the performance of the procurement system. The usability function refers to the ease a particular system is to understand and use. Security of the procurement system touches on the hazards that someone may encounter while using the system. Over the past few years this has become one of the most important issues in online purchasing. Consumers are targeted often by criminals who fleece them of their money as well as their information. Reliability refers to the proper functioning that will allow the system to perform effectively every time. The overall performance of the procurement system must incorporate all these factors to maintain all the non functional requirements.