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Pakistan has no barriers for international retailers selling their products and services online. U.S.-based Amazon.com Inc. ships items to Pakistan. And U.S. retailers like Macys Inc. and J.C. Penny Co. Inc. let visitors to their web sites choose Pakistan as the country of delivery and price items in Pakistani rupees; international fulfillment provider Borderfree, formerly known as FiftyOne Global ECommerce, delivers items to Pakistan for those two retail chains. Unlike in North America where most online consumers pay with credit and debit cards, Pakistani consumers prefer to pay through online banking or through cash on delivery. There is only one domestic payment gateway facilitated by UBL (United Bank Ltd), which processes Visa and MasterCard transactions. Online stores focusing on selling products to overseas buyers generally opt for third-party gateways, such as 2CheckOut, Payza and Skrill for international sales. For local sales, options include online bank transfer, branchless banking (mobile network accept payments on behalf of banks, mostly from consumers without bank accounts) and mobile transfer. No major cases of fraudulent activity have emerged in Internet Retailing since it commenced in 1997. Pakistan is primarily a consumer economy as compare to other economies which are based on manufacturing, tourism and form of economics. A large percentage of the countrys gross domestic product is spent on consumption, and thus consumer retail is a growing sector in Pakistan. Pakistan imports $40 billion worth of goods each year, exports only $24.6 billion and makes up the differences from remittances from Pakistanis living abroad of $13.2 billion annually. The average Pakistani consumer is likely to purchase goods and services, construct housing and so on. Wholesale and retail sectors account for 17.1% of Pakistans economy, according to the State Bank of Pakistan. Although Pakistan has lots of opportunities in the Internet retail market, it will take time, effort and practice to create a successful and long-lasting Internet retailing model similar to those in other digital economies Questions 1) What role does e-commerce play today in global supply chain? Draw on references of internet retail giants in other countries as needed 2) Is Pakistan ready for global e-commerce? Draw a comparison to Western markets like the US and Asian markets like India and China and point out differences from a supply chain perspective 3) What are the strengths and weaknesses of e-commerce retail strategy in Pakistan? Explain from cash collection to inventory management policies considering Pakistani geography and distribution network opportunities 4) What should Pakistan do to improve?
Submission Instructions 1) Each team member is required to go to the Facebook page of SCNext Pakistan and Like the page (https://www.facebook.com/pages/ScnextPakistan/174331166091499?ref=hl). All
SCNext (ISCEA), 2000 Auburn Drive, Suite 200, Beachwood, OH 44122, USA (http://www.scnext.org)
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updates/communications/feedback/questions can be posted here and you will stay in the loop Please create a Power-point presentation that answers the above questions. No limit on no. of slides but be precise and to the point in explaining your ideas. Redundant information will be given negative weightage. Create a video that shows each of your team members presenting parts of this PowerPoint. Shoot the video as if you were presenting to a live audience. Your presentation skills will also be weighted in the final scores. The video title should be ISCEA_SCNextPak2014_PtakPrize_(TeamName) Submit your powerpoint and video to Mr Sohail Majeed latest by 11:59 pm PKT on March 10th 2014 Judges will evaluate and results will be announced on our Facebook page within a few days. SCNext judges include industry stalwarts in supply chain in Pakistan who have generously volunteered to help our SCNext young professionals
About SCNext (ISCEA Young Supply Chain Professional Association): The SCNext provides the aspiring leaders in the supply chain industry with a platform to explore their leadership potential, while developing the skills sets and knowledge desired by corporations, small and large. The SCnext is a member-run organization - for young professionals by young professionals with members spanning five continents. The SCnext provides members with the opportunities to take local, regional, and global leadership positions, manage internal business ventures and projects, enhance your formal education through certification & debate, gain a global perspective on business and cultural issues, and build friendships with young professionals around the world! For more information, please visit: www.scnext.org About ISCEA, International Supply Chain Education Alliance: ISCEA, The International Supply Chain Education Alliance, conducts many workshops to improve the knowledge of Manufacturing and Service industry professionals worldwide. ISCEAs mission is to be a single source for Total Supply Chain Knowledge through Education, Certification, and Recognition. ISCEA is the developer of internationally recognized certification programs of Certified Supply Chain Manager (CSCM), Certified Supply Chain Analyst (CSCA), Certified Demand Driven Planner (CDDP), Certified Lean Master (CLM), Certified RFID Master (RFIDSCM), and Certified Supply Chain Technology Professional (CSCTP). ISCEA is the governing body for the Ptak Prize. ISCEA members hold mid to upper supply chain management positions in Global 2000 companies. www.iscea.net , www.iscea.com , www.iscealatinamerica.org
SCNext (ISCEA), 2000 Auburn Drive, Suite 200, Beachwood, OH 44122, USA (http://www.scnext.org)