University of Texas, Arlington

INSY 3330

Evolution of EDI

1)By the late 1970s, a new form of computer-to-computer communication called______________emerged.

2. EDI is a communications standard for sharing business documents such as

3. EDI systems are owned by the buyers, hence they are
4. The topology of EDI systems is often referred to as

5. EDI systems generally serve

Characteristics of Private Industrial Networks

Private industrial networks also emerged in the late 1990s as natural extensions of EDI systems and the existing close relationships that developed between large industrial firms and their trusted suppliers. Private industrial networks (sometimes also referred to as a private trading exchange, or PTX) are Internet-based communication environments that extend far beyond procurement to encompass supply chain efficiency enhancements and truly collaborative commerce. Private industrial networks bring together a small number of strategic business partners who collaborate with one another to develop highly efficient supply chains and to satisfy customer demand for product. They are by far the largest form of B2B commerce.

1)Private industrial networks permit buyer firms and their principal suppliers to share

2. Private industrial networks are owned by

3. Private industrial networks are directly intended to improve the

4. These private industrial networks have a much higher survival rate than other Net marketplaces

5. The central focus of private industrial networks is to provide an industry-wide global solution to achieve the highest levels of efficiency. The specific objectives of a private industrial network include: