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

Advance Ex Phys, If you lose 2 pounds of weight during 30 minutes of aerobi...

If you lose 2 pounds of weight during 30 minutes of aerobic exercise and do not ingest any fluid, estimate the fluid loss from ECF and ICF components and subcomponents, and the con

What is method of dominance, Question 1 Explain any five guidelines to be ...

Question 1 Explain any five guidelines to be followed for constructing frequency distribution Question 2 Explain Mode and the method of locating Mode by the Graphic Metho

Need paper for Organizational Behaivor Class, prepare a paper about Organiz...

prepare a paper about Organizational Change. You can talk about the reasons for change, resistance to change, overcoming and dealing with change, and/or managing change. The choice

Costs associated with credit cards, Costs Credit card issuers (banks) h...

Costs Credit card issuers (banks) have more than a few types of costs: INTEREST EXPENSES Banks usually borrow the money they then provide to their customers. As they ac

Functions of the occupational safety and health inspectors, Question 1: ...

Question 1: What are the functions of the Occupational Safety and Health Inspectors? Question 2: (a) What are the main purpose and objectives of the Occupational Safety

Operting cycle, applicability of operating cycle in the growth of vegetable...

applicability of operating cycle in the growth of vegetables

Electronic benefit transfer, Electronic Benefit Transfer Electronic Fun...

Electronic Benefit Transfer Electronic Funds Transfer at Point of Sale (EFTPOS) is an Australian and New Zealand electronic processing system for credit cards, debit cards and

Environmental conservation and restoration, Environmental Conservation and ...

Environmental Conservation and Restoration: The Conservation & Restoration Ecology major teaches students to employee ecological principles to restore terrestrial systems (, range

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