E-commerce is the activity of buying or selling of products on online services or over the Internet. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems.
UN/CEFACT is the United Nations Centre for Trade Facilitation and Electronic Business. It was established as an intergovernmental body of the United Nations Economic Commission for Europe (UNECE) in 1996 and evolved from UNECE's long tradition of work in trade facilitation which began in 1957
RosettaNet is a non-profit consortium aimed at establishing standard processes for the sharing of business information (B2B). RosettaNet is a consortium of major Computer and Consumer Electronics, Electronic Components, Semiconductor Manufacturing, Telecommunications and Logistics companies working to create and implement industry-wide, open e-business process standards. These standards form a common e-business language, aligning processes between supply chain partners on a global basis.
xCBL is a collection of XML specifications for use in e-business. It was created by Commerce One Inc. and is maintained by Perfect Commerce.
The Electronic Signatures in Global and National Commerce Act is a United States federal law passed by the U.S. Congress to facilitate the use of electronic records and electronic signatures in interstate and foreign commerce by ensuring the validity and legal effect of contracts entered into electronically. In 2010, both House of Congress passed a resolution at the request of industry leaders, recognizing June 30 as "National ESIGN Day."
cXML is a protocol, created by Ariba in 1999, intended for communication of business documents between procurement applications, e-commerce hubs and suppliers. cXML is based on XML and provides formal XML schemas for standard business transactions, allowing programs to modify and validate documents without prior knowledge of their form.
B2B e-commerce, short for business-to-business electronic commerce, is the sale of goods or services between businesses via an online sales portal. In general, it is used to improve efficiency for companies. Instead of receiving orders using human assets manually – by telephone or e-mail – orders are received digitally, reducing overhead costs.
Business-to-Business (B2B) Gateways integrate data from back-end systems enabling information exchange across trading partners. B2B Gateways also provide a centralized point for transformation of multiple data sources through interoperability standards such as XML, cXML(Commerce XML) and EDI. B2B Gateways provide businesses an e-commerce platform for integrating with key suppliers and customers quickly and easily. The platform often is a component of a company’s Service-Oriented Architecture (SOA) architecture. Other capabilities of the B2B Gateway include trading partner management and security control. B2B Gateways help to bridge the collaboration gap across the supply chain partners and transform the data flow between companies from a batch oriented manner into a real time process. This streamlines the processing and enables for business activity monitoring(BAM) systems to be implemented which provides the enterprise with greater visibility and pro-active control over the applications. B2B Gateways continue to be in high demand for organizations of every size.
Travel technology is the application of Information Technology (IT) or Information and Communications Technology (ICT) in the travel, tourism and hospitality industry. Some forms of travel technology are flight tracking, Trip Planning journey planner, Booking Price Tracking and more.
Extensible Forms Description Language (XFDL) is a high-level computer language that facilitates defining a form as a single, stand-alone object using elements and attributes from the Extensible Markup Language (XML). Technically, it is a class of XML originally specified in a World Wide Web Consortium (W3C) Note. See Specifications below for links to the current versions of XFDL. XFDL It offers precise control over form layout, permitting replacement of existing business/government forms with electronic documents in a human-readable, open standard.
Consumer-to-business (C2B) is a business model in which consumers (individuals) create value and businesses consume that value. For example, when a consumer writes reviews or when a consumer gives a useful idea for new product development then that consumer is creating value for the business if the business adopts the input. In the C2B model, a reverse auction or demand collection model, enables buyers to name or demand their own price, which is often binding, for a specific good or service. Inside of a consumer to business market the roles involved in the transaction must be established and the consumer must offer something of value to the business.
Electronic commerce, commonly known as e-commerce or eCommerce, or e-business consists of the buying and selling of products or services over electronic systems such as the Internet and other computer networks. The amount of trade conducted electronically has grown extraordinarily with widespread Internet usage. The use of commerce is conducted in this way, spurring and drawing on innovations in electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web at least at some point in the transaction's lifecycle, although it can encompass a wider range of technologies such as e-mail as well.
Direct Imports are products imported directly into a country and not through the manufacturer's authorized agent/distributor. Since there is no factory-authorized middleman involved in the import of these products, the added costs are lower and the customer pays less. In addition, many items that are in short supply or are not imported at all by the manufacturer's authorized distributors can be procured as direct imports. There is no difference in the actual products. In most cases, they are manufactured in the same place by the same people and with the same materials. Occasionally, manufacturers will give them a different name.
Yihaodian is a Chinese online grocery business founded by Gang Yu and Junling Liu on July 2008. Yihaodian is a business-to-consumer (B2C) e-commerce website that provides people with a platform to shop groceries online. Yihaodian has “virtual stores” that exhibit images of stocked grocery shelves on walls and other surfaces in urban public areas in China, which passersby can scan codes under the images with a mobile device to purchase corresponding groceries online. The retail giant Walmart first invested in Yihaodian in 2011; in 2012, it announced additional investment so that Walmart controlled 51% of Yihaodian’s ownership. In July 2015, Walmart acquired 100% ownership of Yihaodian.
Amalto Technologies S.A. is a software development company based in Paris, France. The company develops and operates business-to-business (B2B) document exchange software solutions and provides system integration services. It serves the oil & gas, industrial, environmental and enterprise markets.
Club Factory is a fashion, beauty and lifestyle e-commerce store headquartered in Hangzhou, Zhejiang, China. It was created by Jiayun Data Technology, a Chinese company, in the year 2014.
