Electronic commerce facilitates time compression

Dan Shunk, Wallace Patterson

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

During 1995 and 1996 a team from industry and academe have applied state-of-the-market electronic commerce tools to existing business practices. This program is called the `Nationwide Electronics Industry Sector Pilot (NEISP)' and is funded by ARPA, the Advanced Research Projects Agency, through the U.S. Air Force. Through a controlled experimental approach that measured the `as is' of each business process, the team has been able to measure the fundamental shifts in business practice from a time domain. In each case significant time savings has accrued. Now the team is developing the necessary business arguments to convert that time savings into business worth. This paper will outline each of the four industry cases studied over the last two years, define the tool kit used in the experiments and address the fundamental business practice changes needed for successful changes. Finally, the paper will summarize the results of the experimentation and extrapolate as to the value of these time savings.

Original languageEnglish (US)
Title of host publicationInternational Industrial Engineering Conference Proceedings
PublisherIIE
Pages144-148
Number of pages5
StatePublished - 1996
EventProceedings of the 1996 47th International Industrial Engineering Conference and Exposition - Minneapolis, NM, USA
Duration: May 19 1996May 22 1996

Other

OtherProceedings of the 1996 47th International Industrial Engineering Conference and Exposition
CityMinneapolis, NM, USA
Period5/19/965/22/96

ASJC Scopus subject areas

  • Engineering(all)

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  • Cite this

    Shunk, D., & Patterson, W. (1996). Electronic commerce facilitates time compression. In International Industrial Engineering Conference Proceedings (pp. 144-148). IIE.