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Virtual Marketplace on the Internet by Zaharije Radivojevic, zaki@galeb.etf.bg.ac.yu Zaharije Radivojevic, zaki@galeb.etf.bg.ac.yu Prof. Dr. Veljko Milutinovic, vm@etf.bg.ac.yuby Zaharije Radivojevic, zaki@galeb.etf.bg.ac.yu Zaharije Radivojevic, zaki@galeb.etf.bg.ac.yu Prof. Dr. Veljko Milutinovic, vm@etf.bg.ac.yu
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2/30 Definition: It is an Internet based trading community that makes it easier for several participants to: Buy and sell products or services Negotiate terms of agreements Find relevant product information Design product or service Assemble product or service It is an Internet based trading community that makes it easier for several participants to: Buy and sell products or services Negotiate terms of agreements Find relevant product information Design product or service Assemble product or service
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3/30 Bring buyers and sellers together using: Electronic shopping malls Shopping agents Electronic auctions Barter exchanges Bring buyers and sellers together using: Electronic shopping malls Shopping agents Electronic auctions Barter exchanges
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4/30 Marketplace: Evolution
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5/30 Marketplace: Evolution
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6/30 Marketplace: Evolution
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7/30 Marketplace: Evolution
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Part One: Major Issues
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9/30 Structure of Virtual Marketplace marketplace Buyers Web Browser & Buy Side App. Sellers Web Browser & Buy Side App. Transaction -Administration -Catalogs/RFE -Dynamic Trade Content mgmt. -Loading -Cleansing -Updating VAS -Logistic -Financial Service -Suppliers Certification SCC -Design Collaboration -Collaborative Planning
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10/30 Transaction Content management VAS-Value Added Services SCC-Supply Chain Collaboration Transaction Content management VAS-Value Added Services SCC-Supply Chain Collaboration Structure of Virtual Marketplace Virtual MarketplaceBuyers Sellers
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11/30 Dynamics of a Virtual Marketplace
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12/30 Unpredictable Behavior of a Value Chain
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13/30 Virtual Marketplace Models Industry-Sponsored (Consortium) Marketplaces Independent Trading Exchange Private exchange Industry-Sponsored (Consortium) Marketplaces Independent Trading Exchange Private exchange
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14/30 Problems of Virtual Markets Trust, Confidence, Security Change in Market Power Voluntary Participation User Understanding Design of Systems Trust, Confidence, Security Change in Market Power Voluntary Participation User Understanding Design of Systems
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15/30 Promises Quick and Reliable Integrating suppliers and customers Improved distribution visibility Increase interaction on requirements/solutions Lower cost channel to broad market Up-to-the-minute Fast, efficient matching Quick and Reliable Integrating suppliers and customers Improved distribution visibility Increase interaction on requirements/solutions Lower cost channel to broad market Up-to-the-minute Fast, efficient matching
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Part two: Internet-based Tools and Techniques
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17/30 Technology Is Just the Visible Part Technolog y Organizational Structures Culture Processes Design Security and Privacy User Skills
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18/30 Electronic Currency: The Roots of Current Innovations Consumer Transactions Business Transactions Smart Cards Payments over the Internet Consumer Transactions Business Transactions Smart Cards Payments over the Internet
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19/30 Digital Signatures and Electronic Currency on the Internet Public-Key Cryptography Protecting the Security of Financial Transactions Protecting the Authenticity of Financial Transactions Public-Key Cryptography Protecting the Security of Financial Transactions Protecting the Authenticity of Financial Transactions
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20/30 Digital Signatures
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Part Three: Examples
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22/30 Telcobuy.com, a specialized B2B electronic trading hub for networking solutions. GM, Ford & Daimler/Chrysler collaborate to develop Covisint, estimated $ 300 Billion annual spend. e-Steel established E-Marketplace for steel industry. The SAP Service Marketplace is an online hub for professional solutions and services. Telcobuy.com, a specialized B2B electronic trading hub for networking solutions. GM, Ford & Daimler/Chrysler collaborate to develop Covisint, estimated $ 300 Billion annual spend. e-Steel established E-Marketplace for steel industry. The SAP Service Marketplace is an online hub for professional solutions and services. Examples
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23/30 Telcobuy.com Private B2B e-Marketplace Telecommunications Infrastructure Robust, e-Business Infrastructure Electronic Procurement & Logistics Private B2B e-Marketplace Telecommunications Infrastructure Robust, e-Business Infrastructure Electronic Procurement & Logistics
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24/30 Telcobuy.com Over 400 employees $610 Million in 2000 Over $1 Billion in 2001 ISO9002 certified TL9000 certified Over 400 employees $610 Million in 2000 Over $1 Billion in 2001 ISO9002 certified TL9000 certified
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Part Four: Case Study
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Oracle Exchange
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27/30 Oracle Exchange Oracle Exchange Marketplace Oracle Product Development Exchange Oracle Supply Chain Exchange Oracle Transportation Oracle Exchange Marketplace Oracle Product Development Exchange Oracle Supply Chain Exchange Oracle Transportation
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28/30 Oracle Exchange Marketplace Product Development Order Fulfillment Manufacturing Procurement Planning Product Development Order Fulfillment Manufacturing Procurement Planning
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29/30 Oracle Exchange Marketplace
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By Zaharije Radivojevic, zaki@galeb.etf.bg.ac.yu Prof. Dr. Veljko Milutinovic, vm@etf.bg.ac.yu
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