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

What are the characteristics of a creative thinker, QUESTION 1 (a) How ...

QUESTION 1 (a) How would define creativity? (b) What are the characteristics of a creative thinker? (c) Describe the 5 important steps in the creative process QUESTIO

ACADEMIC WRITING, HOW TO PRESENT A PIECE OF WRITING USING THE APA REFERENCI...

HOW TO PRESENT A PIECE OF WRITING USING THE APA REFERENCING STYLE

Human beings are responsible for environment degradation, I am reading in u...

I am reading in university where i get an reasearch topic on Human beings are responsible for environment degradation I am facing some problems in my assignment of Human beings are

Importance of intranet for a business engage in e-commerce, HOW IMPORTANT O...

HOW IMPORTANT OF INTRANET FOR A BUSINESS ENGAGING IN E-COMMERCE? An intranet aids in the management of internal corporate information that may be organized with a company's e-c

Digital currency, DIGITAL CURRENCY Electronic money (also known as elec...

DIGITAL CURRENCY Electronic money (also known as electronic cash, e-money, electronic currency, digital cash digital money or digital currency) refers to scrip or money which i

Modern art, Modern Art : It is typically assumed as the art created from ar...

Modern Art : It is typically assumed as the art created from around 1900 to present, though technically Modern Art only encompasses the art starting along with Impressionism in the

Describe the posec method of time management, Question: 1. Describe any...

Question: 1. Describe any two personality characteristics in an organization. 2. Describe the POSEC method of time management 3. Why are goals important? Why should the

Process of information security, Process The terms reasonable and prude...

Process The terms reasonable and prudent person, due diligence and due care have been used in the fields of Securities, Finance, and Law for a lot of years. In recent years the

Networked media, “The Internet has been linked both to increases and decrea...

“The Internet has been linked both to increases and decreases in social capital (Ellison & Steinfield, 2007).” Using examples explain the preceding statement

UNCC100 - SUPPLEMENTARY ASSESSMENT, Ask qThe right to an education is a bas...

Ask qThe right to an education is a basic right belonging to all children. The UN Convention on the Rights of the Child enshrines this notion in Articles 28 and 29. And yet it seem

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