Information Technology Reference
In-Depth Information
Dell sells its products through the
Dell.com Web site.
to trade exclusively with established business partners. Public exchanges are owned and
operated by industry groups. They provide services and a common technology platform to
their members and are open, usually for a fee, to any company that wants to use them.
Figure 8.6
Model of an Electronic
Exchange
Shoppers
Requests for information,
purchase orders,
payment information
Suppliers
Manufacturers
Electronic
exchange
Payment
approval,
electronic
transfer of funds
Payment
request
Manufacturer's bank
Supplier's bank
Shopper's bank
