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- Procurement_PunchOut abstract "Procurement PunchOut is a term that defines the electronic communication protocol between a vendor's web storefront and a buyer's procurement application. The buyer leaves ("punches out") from their company's system and goes to the supplier's web-based catalog to locate and add items to their shopping cart, while their application transparently maintains connection with the web site and gathers pertinent information. A vendor catalog, enhanced for this process, is known as a punchout catalog. PunchOut enables communication between the software and the web site so that relevant information about the transaction is delivered to the appropriate channels. Sometimes, buyers and suppliers use intermediaries to ensure authentication and version matching. In 1999, Ariba created the first framework for this software. Their product on commerce XML (cXML), consists of a meta markup language and a protocol for data exchange between applications. No Author. www.cXML.org. 2013. RoundTrip, Commerce One, Oracle Exchange, and products based on open buying over the internet (OBI) are similar to PunchOut, and are sometimes referred to as punchout solutions.The History and Development of Supplier Catalog Management for eProcurementWhile the buyer side of Procurement PunchOut has been fairly established for the past decade (in terms of eProcurement software), the supplier side has taken a longer time to develop, thus negating the potential cost savings available for buyers until recent years. Brisbin, Nikolas. History of PunchOut. Supplier Solutions Press Release, 2010.Early StagesHosting All Supplier CatalogsEarly in the lifecycle of e-procurement systems, the concept was to bring all of the procurement processes into a centralized location to gain control of many disparate processes. All of the bidding and soliciting processes were conducted on a central software system (i.e. Ariba). The suppliers who were awarded contracts supplied the buyer with their catalogue which was loaded into the centralized catalog database and managed in-house. Buyers now had complete control over the buying process, but were also required to handle it all.PunchOut for Large CatalogsBuying organizations began implementing punchout catalogs with suppliers who had large or frequently changing catalogs, or products that needed to be configured. Early adopters were the large office products dealers, large industrial suppliers, chemical suppliers and computer supplies dealers. Large suppliers were the first to use PunchOut because they were the only ones able to afford the integration costs.".
- Procurement_PunchOut wikiPageExternalLink icx115punchout.pdf.
- Procurement_PunchOut wikiPageExternalLink icx115punchout.pdf''.
- Procurement_PunchOut wikiPageExternalLink www.PunchOut2Go.com.
- Procurement_PunchOut wikiPageExternalLink www.PunchOut2Go.com''.
- Procurement_PunchOut wikiPageExternalLink www.SupplierSolutions.com''.
- Procurement_PunchOut wikiPageExternalLink ariba-punchout.
- Procurement_PunchOut wikiPageExternalLink ariba-punchout''.
- Procurement_PunchOut wikiPageExternalLink www.cXML.org''.
- Procurement_PunchOut wikiPageExternalLink www.cxml.org.
- Procurement_PunchOut wikiPageExternalLink www.greenwingtechnology.com.
- Procurement_PunchOut wikiPageExternalLink www.greenwingtechnology.com''.
- Procurement_PunchOut wikiPageExternalLink www.punchoutready.com.
- Procurement_PunchOut wikiPageExternalLink www.punchoutready.com''.
- Procurement_PunchOut wikiPageExternalLink www.suppliersolutions.com.
- Procurement_PunchOut wikiPageExternalLink punchout-catalog.
- Procurement_PunchOut wikiPageExternalLink punchout-catalog''.
- Procurement_PunchOut wikiPageID "39283964".
- Procurement_PunchOut wikiPageRevisionID "603192192".
- Procurement_PunchOut subject Category:Business.
- Procurement_PunchOut subject Category:E-commerce.
- Procurement_PunchOut subject Category:Procurement.
- Procurement_PunchOut comment "Procurement PunchOut is a term that defines the electronic communication protocol between a vendor's web storefront and a buyer's procurement application. The buyer leaves ("punches out") from their company's system and goes to the supplier's web-based catalog to locate and add items to their shopping cart, while their application transparently maintains connection with the web site and gathers pertinent information. A vendor catalog, enhanced for this process, is known as a punchout catalog.".
- Procurement_PunchOut label "Procurement PunchOut".
- Procurement_PunchOut label "PunchOut".
- Procurement_PunchOut sameAs PunchOut.
- Procurement_PunchOut sameAs m.0t_fld4.
- Procurement_PunchOut sameAs Q14724973.
- Procurement_PunchOut sameAs Q14724973.
- Procurement_PunchOut wasDerivedFrom Procurement_PunchOut?oldid=603192192.
- Procurement_PunchOut isPrimaryTopicOf Procurement_PunchOut.