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Mike ShawCenter for Information Systems and Technology ManagementUniversity of Illinois at Urbana Champaign. Center For Information Systems and Technology Management Industrial Partnerships. Identify Research Problems of Common InterestsMatch Research Expertise with Research NeedsTypes of PartnershipsPartner ProgramSpecific Sponsored ProjectsBenefits WIN-WIN Solutions.
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1. Mike Shaw
Center for Information Systems and Technology Management
University of Illinois at Urbana Champaign University of Illinois at Urbana Champaign (UIUC)Center For Information Systems and Technology ManagementMichael J. Shaw, Director Research and Learning Center
UIUC Critical Research Initiatives (CRI) Sponsorship
Electronic Commerce Forum
Integration of Technology and Business Strategy
Multi-disciplinary Research
College of Commerce and Business Administration, National Center for Super Computing Applications (NCSA), Beckman Institute for Advanced Science and Technology, College of Engineering, and Department of Psychology
Academic Research and Industrial Partnerships
Integration of Educational Objectives, Rigorous Research, and Business Practices
2. Mike Shaw
Center for Information Systems and Technology Management
University of Illinois at Urbana Champaign Center For Information Systems and Technology ManagementIndustrial Partnerships Identify Research Problems of Common Interests
Match Research Expertise with Research Needs
Types of Partnerships
Partner Program
Specific Sponsored Projects
Benefits
WIN-WIN Solutions
3. Mike Shaw
Center for Information Systems and Technology Management
University of Illinois at Urbana Champaign Web Based Strategies To Fulfill Consumer Needs
4. Mike Shaw
Center for Information Systems and Technology Management
University of Illinois at Urbana Champaign Consumer Purchase Needs
5. Mike Shaw
Center for Information Systems and Technology Management
University of Illinois at Urbana Champaign Consumer Purchase Needs Knowledge - Having access to specialized information and feedback about the product or service
Interaction - Fulfilling the need to communicate with the provider of product or service
Networking - Connecting to and interacting with other consumers who have similar needs or experiences
Sensory experiences - Using sensory input such as sight and sound to arrive at a purchase decision
Ubiquity - Having all that the consumer needs at the time and place of consumer’s convenience, rather that at the provider’s convenience
Aggregation - Bringing together a number of related and required services at a single point of contact
Customization / Personalization - Tailoring products to consumer’s needs rather than adjusting consumer needs to available product ranges
6. Mike Shaw
Center for Information Systems and Technology Management
University of Illinois at Urbana Champaign The Web As The Consumer Interface Interactivity
Realistic experience
Global access
Targetability
Tracking of customers
Flexibility
Aggregation of services
7. Mike Shaw
Center for Information Systems and Technology Management
University of Illinois at Urbana Champaign Product Promotion - Web Advertising
8. Mike Shaw
Center for Information Systems and Technology Management
University of Illinois at Urbana Champaign Product Promotion - Virtual Communities Characteristics
Collective knowledge
Targetable audience
Influential opinion leader
Increasing returns
Marginal cost effect
Learning curve effect
“Network externalities”
9. Mike Shaw
Center for Information Systems and Technology Management
University of Illinois at Urbana Champaign
10. Mike Shaw
Center for Information Systems and Technology Management
University of Illinois at Urbana Champaign Benefits of virtual communities To consumers
Identify and interact with consumers of similar interests without constraints of time and space
Aggregated experience of the product usage
Better informed purchase decisions
Reduced search costs for product information
Special price, customized offers and better service
11. Mike Shaw
Center for Information Systems and Technology Management
University of Illinois at Urbana Champaign Virtual Store-Front Services
12. Mike Shaw
Center for Information Systems and Technology Management
University of Illinois at Urbana Champaign Interactive Web Catalog Features Product search - by use, category, price, related products
Product visualization - using virtual reality
Product customization
On-line order placement - links to related services like credit agencies, bank, product stock status, packaging and delivery services
Virtual conference - with sales representatives and other consumers
13. Mike Shaw
Center for Information Systems and Technology Management
University of Illinois at Urbana Champaign
14. Mike Shaw
Center for Information Systems and Technology Management
University of Illinois at Urbana Champaign
15. Mike Shaw
Center for Information Systems and Technology Management
University of Illinois at Urbana Champaign
16. Mike Shaw
Center for Information Systems and Technology Management
University of Illinois at Urbana Champaign Mass Customization Mass market goods and services uniquely tailored to the needs of the individuals who buy them.
Highlights
Driven by customer needs
Implemented through the Web
Uses latest technology
Databases - customer and product
Computer controlled design, production and packaging
Supply chain management
Helps build a strong relationship with customer
Benefits
Cuts inventory
Makes very small niche markets viable
Retailers become regional distribution centers, cutting costs
17. Mike Shaw
Center for Information Systems and Technology Management
University of Illinois at Urbana Champaign Mass Customization - Example Garments Tools
3-D scanning tools
Visualization tools
Cloth draping algorithm
Virtual reality tools
Image databases
Artificial intelligence interface
Internet
for integrated design, marketing and retailing
18. Mike Shaw
Center for Information Systems and Technology Management
University of Illinois at Urbana Champaign Mass Customization - Benefits Customer’s 3-D image can be saved and used in future
Customer can select fabric type, color, texture, pattern and print
Customer can fit and visualize selected garment
Customer can design garment or use available designs for the fit
Customer’s feedback used in general garment design
19. Mike Shaw
Center for Information Systems and Technology Management
University of Illinois at Urbana Champaign Mass Customization - Interactive Digitization Image Storage and Retrieval
Image Synthesis
Interactive Feature Specification
Integration with Supply Chain
20. Mike Shaw
Center for Information Systems and Technology Management
University of Illinois at Urbana Champaign Mass Customized Products - Examples
21. Mike Shaw
Center for Information Systems and Technology Management
University of Illinois at Urbana Champaign