Define B2B commerce

cbse
emerging-business

#1

B2B commerce i.e. business to business involves e-commerce transactions between business firms using Electronic Data Interchange (EDI) technology. It involves the following transactions :

  1. Placing orders.
  2. Monitoring production.
  3. Delivery of components.
  4. Movement of information, money transfer, etc.
  5. Creation of utilities.
  6. Sending and receiving documents like purchase order or invoices.