Doing business online — Private B2B Exchanges

Written by Nowshade Kabir


Continued from page 1

Add Profit from Value Added Services

Oncerepparttar exchange is set as primary sales channel, available free resources can be used to create more value added services for clients. Some ofrepparttar 108802 services thatrepparttar 108803 exchange may offer also can be used to generate more value.

Reduce Order Processing Cost

The supply chain solutions of a B2B exchange may allow sellers to reduce order processing cost significantly. Studies show that cost of processing a purchase order can be reduced from US$ 70 down to US$ 6 only.

Sales and support costs

By automating sales and customer support processes companies can reduce over head costs over 25-30% easily.

Inventory keeping costs

Clearer visibility and forecasting ability allow companies considerably reduce inventory keeping costs.

Since an existing B2B exchange may not have allrepparttar 108804 necessary features and functions, a good option is to build a private exchange based on one’s own specific business process automation need. This exchange, at its minimum, should be able to cover major portion of supply chain and inventory control.

The following elements should be integrated to create substantial value to a private B2B exchange:

Supply Chain Management

Supply chain management isrepparttar 108805 core solution of an exchange and can deliver great values to existing systems. Implementation of this solution will help achieve incredibly high return on investment. Business process automation in this component ofrepparttar 108806 exchange includes both supplier and buyer–side quotation, requisition, purchase order and invoice.

Marketplace

This isrepparttar 108807 venue whererepparttar 108808 exchange owner company will post their products for sale. A shopping cart should be integrated torepparttar 108809 electronic marketplace in order to automaterepparttar 108810 buying process. The offered-for-sale products will be directly related to inventory control management component ofrepparttar 108811 exchange.

Auction

Electronic auction system can use both English and Dutch auction methods. For conveniencerepparttar 108812 auction component can be integrated torepparttar 108813 electronic marketplace. Online auction helps liquidate surplus goods easily.

Reverse Auction

This solution allows automate electronic procurement, where suppliers compete for a business deal real time online.

Members Storefront

The participants ofrepparttar 108814 Private Exchange – both buyers and sellers ofrepparttar 108815 exchange owner company get a Storefront that reflects profile ofrepparttar 108816 company, their products and other information.

Forum

A Forum or Discussion Board is an organized, on-line interactive message board where participants conduct discussion on a set of topics by posting questions, comments and responses.

Directory of Companies

This is a listing of all registered participants – buyers and sellers ofrepparttar 108817 exchange owner company – either by business category or by alphabetical order. An advanced search engine tool can be incorporated in order to find a company based on data provided.

E–catalog

E–catalog is a hierarchy of product and service categories. All products and services handled byrepparttar 108818 exchange owner company should be consolidated inrepparttar 108819 catalog.

Private B2B exchange is a powerful concept, which engulfs a fairly big portion of business processes requiring automation. This is more like a business ecosystem that has an ability to changerepparttar 108820 way companies think and do business and create tremendous value to their owners.

Nowshade Kabir is the founder, primary developer and present CEO of Rusbiz.com. A Ph. D. in Information Technology, he has wide experience in Business Consulting, International Trade and Web Marketing. Rusbiz is a Global B2B Emarketplace with solutions to start and run online business. You can contact him at mailto:nowshaderusbiz.com, http://ezine.rusbiz.com, http://www.rusbiz.com


Using Google

Written by Nowshade Kabir


Continued from page 1

Definition

If you are looking for a definition of a particular word or a phrase, Google isrepparttar best place to get it. In Google search box, write "define:repparttar 108801 word or phrase" withoutrepparttar 108802 quotation marks and click search button. If there is a definition available for your search term you will, most certainly, get it. It's a very useful feature for students and people, those who write research papers.

Synonyms

You may think that search engines are too dumb to show query results ofrepparttar 108803 synonyms of your search term. It's not so! At least, inrepparttar 108804 case of Google! If you use tilde "~" in front of a keyword in your search term, Google will bring results onrepparttar 108805 synonyms of that word as well.

Searching within a website

Another great feature of Google search engine allows you to make your query within a specific website. First you write your search term inrepparttar 108806 Google search box and then write "site:repparttar 108807 website or domain name". For example: if you are looking for word "Microsoft" withinrepparttar 108808 website www.micromedia.com you will write: Microsoft site: micromedia.com.

Check backward links to your website

If you have a website, Google search engine also has a nice feature to show you which web pages are linking to yours. Inrepparttar 108809 search box, write: Link: you website address.

Other important tips to remember are:

There is no need to use "AND". Google always relate allrepparttar 108810 words in a search term with Boolean "and".

However, if you would like to make your query for two words - one or another - you can use "OR". You have to write "or" in capital letters to give it Boolean value.

Google is not case sensitive. You can write your search terms either in capital or in small letters. You can even mix them up.

Google omits most ofrepparttar 108811 very common words, such as the, in, etc. If you, indeed, need to add a specific word forcefully, use plus (+) sign in front of that particular word. Same way, you can exclude a word from your search expression by putting minus (-) sign in front it.

If you would like to make a search on an exact phrase or expression, putrepparttar 108812 words within quotation marks. That way, your search result will show only those pages whererepparttar 108813 exact expression was found. In order to searchrepparttar 108814 phrase: For whom repparttar 108815 bell tolls, write "For whomrepparttar 108816 bell tolls" inrepparttar 108817 search box. I'll also suggest you to downloadrepparttar 108818 Google Toolbar. Apart fromrepparttar 108819 search box and its ability to block pop-ups, Google Toolbar also showsrepparttar 108820 pagerank ofrepparttar 108821 website you are visiting now. Pagerank is a system of evaluating web pages - developed by Google founders and used asrepparttar 108822 core of Google's search engine algorithm. The Toolbar also includes feature withrepparttar 108823 ability to fill up online forms from stored information automatically. You can also keep your daily journal or blog right fromrepparttar 108824 toolbar.

Much to net users delight, Google, in accordance with its ambitious mission statement to organize world's information and make it universally useful and accessible, so far doing a great job by providing usrepparttar 108825 best search engine and extremely handy features and services. We can only hope that repparttar 108826 flow of innovative ideas from Google will not slow down in future, when it becomes a public company.

Nowshade Kabir is the founder, primary developer and present CEO of Rusbiz.com. A Ph. D. in Information Technology, he has wide experience in Business Consulting, International Trade and Web Marketing. Rusbiz is a Global B2B Emarketplace with solutions to start and run online business. You can contact him at mailto:nowshaderusbiz.com, http://ezine.rusbiz.com, http://www.rusbiz.com


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