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Unformatted text preview: an be analyzed and utilized for their inventory
control and product development. Digital Market (www.digitalmarket.com) sells similar
services in electronic parts market. Using a mixed network of VAN and the Internet, a
buyer requests price and due-date quotes from multiple vendors on his approved vendor
list. Upon receipt of the quote request, a software agent on the vendor side will
generate an automatic reply by invoking a set of rules and checking the inventory status.
If the dollar amount is beyond a certain threshold, then the system will request human
intervention. Likewise, QRS (www.qrs.com) plays a similar role in the apparel and
related industries, while Nonstop Solutions (www.nonstop.com) provides forecasting and
inventory control services for the pharmaceutical industry.
3.3. Information Hub Model
The Information Hub Model is similar to the Third-Party Model except that the
third party is replaced by a system. This model is exemplified by the product offered by
Pandesic - a joint venture between SAP and Intel.
Example 4: (Pandesic (www.pandesic.com)) Pandesic offers what they call an
e-business solution, automating the full range of back-end processes for Web-based
commerce. The Pandesic e-business solution is centered around an information hub that
activates and coordinates various functional activities to complete a transaction. Its
features include: accounting and inventory balancing, real time payments and financial
reporting, warehousin g, inventory management, customer profiling, catalog management,
credit card processing and others. As an example, consider an end customer who visits
the site of a retailer that uses the Pandesic e-business solution (a combination of software
and hardware products as well as certain services). The site displays most up-to-date
information showing the latest names, descriptions, prices, and the current warehouse
availability of products. When the customer selects an item and gives her credit card
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This note was uploaded on 11/06/2013 for the course ISYE 6202 taught by Professor Staff during the Fall '08 term at Georgia Institute of Technology.
- Fall '08
- Industrial Engineering