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Trading Exchanges
Also known as electronic
marketplaces, or e-markets, trading exchanges allow Business2Business
(B2B) e-Commerce transaction. They act like a mail service,
delivering transactions from one member company to another, elimiating
the need for point to point connections between businesses.
Many exchanges
are aligned to a particular industry or business area, such as
automotive, aerospace or retail. They can
provide several services such as order management, collaboration tools
and e-sourcing/auctions.
A large number of exchanges sprang up during the
e-commerce boom and many have since fallen by the wayside, merged or
been taken over.
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