Electronic Data Interchange (EDI) is the electronic transmission of data between a firm and its suppliers
Shares information and knowledge such as order entry, planning/scheduling, tracking, delivery, billing and payment
Internet-based communications offer several opportunities for making product information available while overcoming compatibility issues between computer systems
Electronic catalogs allow rapid access to product info, specifications, pricing and ordering
Buying exchanges allow sellers or buyers of specific goods or services to find each other on a common web site