Unformatted text preview: hedules and automatically ship materials and
goods to meet pre-specified targets without intervention by firm Purchasing
Figure below shows Electronic Data Interchange (EDI) Companies use EDI to automate transactions for B2B e-commerce and
continuous Inventory Replenishment. Suppliers can automatically send
data about shipment to purchasing firms. The purchasing firms can use
EDI to provide production and inventory requirements and payment data
to B2B ELRCTRONIC COMMERCE: New Efficiencies and Relationships
B2B Many organizations still use Private Networks for EDI,
companies are increasingly turning to the internet for this
purpose because it provides much more flexible and low cost
platform for linking to other firms.
Businesses can use the Internet to locate the most low-cost
Suppliiers, search online catalogs of Supplier products, negotiate with
Suppliers, place orders, make payments, and arrange transportation.
Using the Internet, businesses are able to extend digital technol...
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- Spring '11
- web sites, Internet business models