Business-to-business e-procurement

This refers to the purchasing of the industrial products by the companies online through Internet. Many companies posting their websites on the Internet, they have established intranets for company members to communicate with another, and extranets to link with their regular suppliers and distributors. Companies are buying MRO materials (maintenance, repair, and operations) electronically. MRO materials constitute about 30 percent of business purchases, and the transaction costs for order processing are high.