B2B e-commerce is defined as buying, selling, partnering, bartering or trading conducted between two or more businesses. The B2B marketplace is one of the fastest growing segments of e-commerce. Industry leaders are using B2B market places and exchanges to improve their business methods on the Web. B2B exchanges allow businesses to buy, sell, auction, barter and distribute products and services. This cuts the cost with improving efficiency.
Procurement and effective supply chain management can be difficult and costly aspect of running businesses. ICG Commerce Systems (www.icgcommerce.com) is a site that enables businesses, customers, suppliers, purchasers and any combination of these to interact and conduct transactions over the Internet. The system supports B2B, B2C and all variations of these models.
TradeAccess (www.tradeaccess.com) helps businesses form relationships and facilitate negotiations. The site aggregates all of the documentation and materials appropriate for a specific contract and negotiates the terms over the Web.
Another kind of B2B exchange is available online at www.ework.com, which allows businesses to exchange employees to complete short-term projects. Ework can search its databases and find qualified professionals to help you complete all of your projects. Ework is just one of many online companies that can help a business exchange human resources.