e-Marketplace

The Procurement application is part of a Commerce One Solution, business-to-business online procurement system. To use the Procurement application, you should understand your own Buying Organization and how the Procurement application:

• Creates Orders for the items in your Shopping Cart, and
• Sends all Orders to an e-marketplace, which serves as the central exchange coordinating all users and suppliers.

An e-marketplace is a portal using the Commerce One MarketSite software to manage transactions and other communications between Procurement application users and their suppliers. The e-marketplace manages all Orders from every Buying Organization using the Procurement application (and other online procurement applications), passes each of them to the appropriate registered supplier and returns responses from suppliers to buyers.

The e-marketplace receives Orders from the Procurement application (and other compatible procurement applications) and:

• Evaluates each Order before forwarding it to the appropriate supplier,
• Orders with pricing or availability problems (outside pre-approved tolerances) may be returned to the Procurement application to be resolved by a user designated to the Approver Role.
• Automatically forwards valid Orders to Integrated Supplier for fulfillment.
• Holds Orders for non-integrated, Hosted Supplier, who use a web application to view and process Orders from the e-marketplace.

The Commerce One MarketSite software also handles other communications between users and suppliers, such as updates of catalog content, item prices and availability.