1. EDI is batch while B2B is real-time.
2. EDI was dedicated point to point (which means
that if a business wanted to use EDI to communicate
with a new business partner it was a big hassle),
while B2B (using XML) allows any business to communicate
with any other business.
What is B2B Technology?
Business –to-business will
allow invoices, purchase orders, product definitions,
price lists, and billing information to be transferred
directly between manufacturer and dealer. In its completion,
B2B will consist of 4 main business transactions:
Price List Download, Vendor Invoicing, Shipment Manifest,
and Electronic Ordering.
What are the benefits of B2B Exchanges?
We can simply describe that B2B exchanges
are online marketplaces for businesses to buy and
sell well and services from other businesses. Automated
business-to-business transactions are not an entirely
new concept. Large organizations have been using automated
systems for a number of years, and some have been
programmed to exchange business transactions with
other automated systems as far back as the early nineties.
B2B exchanges are divided into three categories
1. Public exchanges such as Commerce
One are run by a third party, and are open to all
companies that meet the standards defined by the
exchange.
2. Private marketplaces are run by a single company
and its key suppliers, such those sponsored by Wal-Mart
and Dell.
3. Consortia are typically formed by a group of
leading vendors in a particular industry, like Global
Food Exchange.
B2B having these types of markets
1. MRO
2. Yield manager
3. Exchange
B2B advantage
These are some common advantages of B2B:
• Your membership contains
valuable benefits including unlimited Internet access,
an Internet directory listing, a customized website,
web-based email with 6 individual accounts, as well
as discounted legal services and free tax preparation
• With B2B’s Tax Service, you receive
unlimited federal tax advice via toll-free phone
call, fax, or email.
• In B2B you can make online membership. Join
thousands of businesses in your region that are
taking advantage of B2B Advantage Online.
• Enjoy unlimited access to the Web from over
4,000 points of presence nationwide as well as membership
in a legal plan designed specifically for small
business.
• In B2B you build your own business web site
free in a few minutes. You can add your business
hours, key words, and marketing information.
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