Simple b2b connectivity using punchout, Other Subject

Assignment Help:

Simple B2B Connectivity Using Punchout

Now, let's focus on two of the B2B connectivity problems previously mentioned, and illustrated in Figure 1.5. First, let's discuss the supplier connectivity problem and present a solution based on IBM's WCBE for connectivity of suppliers to diverse procurement systems. Second, a discussion of marketplace connectivity takes place, as well as a presentation of a solution based on IBM's Web Sphere Commerce Suite and Marketplace Edition (WCS MPE) for connectivity of marketplaces to diverse procurement systems and diverse supplier systems.

Most procurement systems and private marketplaces support the notion of punch-out (albeit sometimes using a different term, such as Roundtrip, used by Commerce One). A buyer at a procurement system or marketplace selects a remote supplier, and the buyer is automatically logged on to the supplier catalog server and presented with a catalog customized for his organization, with renegotiated prices. The buyer shops at the site, as the items selected for purchase are being stored in a shopping cart. On checkout, the shopping cart contents are sent back to the buyer's procurement system for agreement. The procurement system provides workflow for approvals and, on approval, a purchase order is sent from the procurement system to the supplier. Further messages may be exchanged between the supplier and the procurement system, such as shipping notices and invoices. By having punch-out ability, marketplaces and suppliers can interoperate with procurement systems or marketplaces, with significant profit to both buyers and suppliers.

For instance, IBM's WCBE is a key for the business-to-consumer trade, while WCS MPE supports the private trading exchange customers. Customers can hook up to the WCBE Web site, browse via the catalog, and place orders. In the case of WCS MPE, customers have the advantage of working with a variety of trading mechanisms, such as ask for reverse auctions, quotations (RFQs), auctions, and exchanges. It is particularly useful, given the rising trends in the industry, that the Web Sphere Commerce products have punch-out ability and can interoperate with buyers' procurement marketplaces and systems.

Though WCS MPE supports aggregation of suppliers' catalogs, certain suppliers may have huge catalogs and their systems may consist of complex configuration tools. Frequently, it is not sufficient to offload supplier catalogs into outside marketplaces. Thus, suppliers often have their supply-side Web sites enabled for punch-out, and expect WCS MPE to start punch-out to the supplier Web site.

Catalog aggregation in the current WCS MPE product is completed using the Web Sphere Catalog Manager (WCM) product. WCM supports the loading of catalog data into an electronic marketplace (EMP) database, transforming catalog data fromASCII, spreadsheet, and XML formats into a canonical XML format, and extracting catalog data from any relational database. Additional enhancements to carry industrial catalogs are designed for future versions of WCM.

Many huge corporations have comparatively independent subsidiaries and are standard examples of customers that need support for both receiving punch-out requests and initiating punch-out requests. Such corporations often have aggregated supplier catalogs across their subsidiaries, so their customers observe a unified company-wide catalog and necessitate support for receiving punch-out requests from the buyers' procurement systems to the aggregated catalog. They also necessitate punch-out initiation functionality to connect from their aggregated- catalog server to individual catalogs supported by their subsidiaries.


Related Discussions:- Simple b2b connectivity using punchout

Discuss the gender issues in bereavement, Question: It is believed that...

Question: It is believed that the grief experience impacts all aspects of the being of an individual. Describe carefully any one of the following reactions which an individu

Student, Ask que3. St. Petersburg College, a state supported institution, ...

Ask que3. St. Petersburg College, a state supported institution, passed a College wide rule that prohibits College community rooms from being used for the newly formed Squirrel Lo

Lifestyle, Lifestyle: Lifestyle is a way of living of individuals, familie...

Lifestyle: Lifestyle is a way of living of individuals, families (households), and societies, which they manifest in coping with their physical, psychological, social, and economi

Purchase Custom Economics Term Paper, Is there anyone at Expertsmind Who Ca...

Is there anyone at Expertsmind Who Can Write My Economics Term Paper with best quality answers?

Explain the two categories of readers, Question 1 Explain meaning of techn...

Question 1 Explain meaning of technical writers and also explain its role Question 2 What is Audience Analysis? Explain its significance in Technical Communication Question 3

Occupational Health & Safety Observation Report, Occupational Health & Safe...

Occupational Health & Safety Observation Report of a Construction site.

Various types of managed care organizations, Most opinions are that managed...

Most opinions are that managed care is here to stay.  One of the attractive features of managed care is its ability to contain costs of health care services.  Discuss the following

Write a long note on the meaning and various kinds of writs, Question 1 Wr...

Question 1 Write a long note on Environmental Protection in the Constitution Question 2 Write a long note on financial relations between the Centre and the States Q

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd