Examples of the Buy and Sell Match Model
A site that aligns itself to the Buy/Sell Match model might:
- Provide consumers a place to research, price, design, order, and arrange for delivery of a new vehicle at their home or the office
- Offer online investing services and investment ideas and insights
Buy/Sell Fulfillment: customer specifies buy or sell orders for a product or service, including price, delivery, etc. The broker charges the buyer and/or seller a transaction fee.
e-business enters the Collective Consciousness
There is a consensus that e-business entered the collective consciousness of the business mainstream in 1995, when the scope of traditional enterprise resource planning (ERP) business applications expanded to embrace trading partners for (SCM)
supply chain management and customer relationship management (CRM). This provided
the basis for Internet-enabled procurement and triggered deployment of electronic commerce (e-commerce) applications to exchange
buy and sell transactions to purchase direct and indirect materials via (B2B) business-to-business
supply chain scenarios, as well as finished products and customer services via business-to-consumer (B2C) channels.
Periodically assess information quality characteristics of timeliness (of data propagation) and consistency of data that should be equivalent in the multiple databases. Assess information quality by extracting sample records in the record-of-origin database.
Assess them for completeness, accuracy, and nonduplication.
(C-commerce) Collaborative commerce
Collaborative commerce describes electronically enabled business interactions among the internal personnel of an enterprise, business partners and customers throughout a trading community.
Rather than simply exchanging procurement transactions, enterprises are sharing intellectual capital with their trading partners working as a
value chain that provides a competitive advantage for the development and distribution of their products. These
collaborative business practices are fundamental to the ebusiness transformation.
The convergence of business process reengineering and web technology that spawned ebusiness during the mid-1990s has set the stage for reengineering the resulting management decision making processes to promote c-commerce as the
dominant business model of the 21st century.
Note that the collaborative business practices that are fundamental to C-commerce were mature as standard practices in aerospace well before 1996. In
fact, the C-commerce practicesvleveraging web-based collaboration in the aerospace industry, had their beginnings in 1985.
This should be no surprise when it is realized that it was natural for the aerospace enterprises to
collaborate over a communications network to share data with their customers in the (DoD)Department of Defense
since they created the Internet. By 1994, leading aerospace prime contractors were providing business and technical applications hosted on integration hub platforms for collaborative product development and logistic support for their DoD customers, as well as for their value-added trading partners and suppliers.