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e-Procurement Automating the procurement of complex products and services. |
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Electronic
auctions have become a standard means of automating the procurement of
simple products and commodities. Where price and quantity are the only
significant factors, auctions work well. But how can you automate the
procurement of complex products and services, where quality of service,
delivery terms and other contractual terms and conditions are every bit as
important as price and quantity?
How do we progress from single attribute auctions to multi-attribute matching systems? Matching Systems multi-attribute matching engine can manage the dynamic configuration, matching and selection of complex products and services. A distributed architecture facilitates the creation of a matching environment that spans multiple organisations, enabling each provider to keep their offers up to date, connecting directly to their back office systems, calculating dynamic prices and current product availability. Product and service offerings, and purchase queries can all be submitted as simple xml documents, with a rich descriptive language specifying precisely the multiple attributes that make up complex products, services and customer requirements. Providers can also specify business rules to make products conditionally available, so that only those customers that fulfill their requirements will be offered the products. With Matching Systems, automated procurement can now encompass complex products and services.
© Matching Systems 2007 Ltd., July 2007 |
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