login

NEXT-GENERATION B2B SOLUTIONS

Supply chain management reviewPublished 1 July 2000
Ravi Kalakota
Citations22

TL;DR

Next-GENERation SOLUTIONS are emerging that not only deliver the sale but also manage the entire transaction -- from search and SELECT to setTLEMENT and ACCOUNTing.

Abstract

SUBTITLE: THE E-PROCUREMENT REVOLUTION HAS ONLY BEGUN AND ALREADY WE'RE SEEING EVOLUTION WITHIN THE REVOLUTION. FIRST CAME BUY-SIDE SOLUTIONS THAT AUTOMATED MANUAL TRANSACTIONS AND CUT COSTS ACCORDINGLY. THEN CAME THE DIGITAL MARKETPLACES WHERE MULTIPLE BUYERS AND SELLERS COULD DO BUSINESS WITHOUT HEAVY IMPLEMENTATION FEES. NOW, NEXT-GENERATION SOLUTIONS ARE EMERGING THAT NOT ONLY DELIVER THE SALE BUT ALSO MANAGE THE ENTIRE TRANSACTION -- FROM SEARCH AND SELECT TO SETTLEMENT AND ACCOUNTING.

Keywords

Business, Management and Accounting