e-Marketplace Pattern Using WebSphere Commerce Suite, Marketplace Edition
Net marketplace
description
Transcript of Net marketplace
Market PlaceNet Marketplace (also referred as exchanges or hubs)It brings thousands of sellers and buyers into a single
digital market place operated over the internetPrivate industrial networksIt brings together a small number of strategic business
partner firms that collaborate to develop highly efficient supply chains
Largest form of B2B ecommerce
Er.Sartaj Singh Bajwa
Pure Types Of Net market PlaceE-Distributor
E-Procurement
Exchanges
Consortia
Er.Sartaj Singh Bajwa
E-DistributorsE-Distributors provides electronic catalogs that
represent the products of thousands of manufacturers
Source Of Indirect goodsServe horizontal markets using spot purchasingEg staples.com
Er.Sartaj Singh Bajwa
E-ProcurementE-Procurement are independently owned
intermediaries connecting hundreds of online suppliers
Source of indirect goods and serve horizontal market using contractual purchasing
Er.Sartaj Singh Bajwa
ExchangesExchanges are independently owned online
marketplace that connect hundred of suppliers to potentially thousands of buyers
Exchanges create vertical markets focusing on the spot purchasing requirements of a large firm
Eg computers and telecommunicationsIt makes money by charging commissionsIt reduces search cost Also reduces the price of the product due to
increase in competitionEr.Sartaj Singh Bajwa
ConsortiaIndustry owned vertical markets that enable
buyers to purchase direct inputs from a limited set of invited participants
It emphasizes on long term contractual purchasing
These are more focused on optimizing supply chain relationships
It generates revenue by charging subscription and transaction fees
Also Industry members pay for the creation of the site
Er.Sartaj Singh Bajwa
KEY TERMSMarket is liquid when you can buy or sell
just about any size order at just about any time you want
Er.Sartaj Singh Bajwa