Glossary

bTrade glossary

Glossary

No resource would be complete without a comprehensive glossary of terms. We’ve compiled a list of terms and their definitions to better help you navigate.

 

Extranet A network that links an enterprise to its various business partners over a secure Internet-based environment. In this way, it has the security advantages of a private network at the shared cost of a public one. See VPN.

Exchange In the Global Data Synchronisation context, it is a provider of value-added services for distribution, access and use of master data. Organisations that provide exchanges can provide data pool function as well.

Event An event refers to a change of state in the system such as new or changed information regarding item, party, rights, permissions, profiles, notification, etc. Completion of tasks such as subscription, notification, data distribution, data distribution set-up, etc. Arrival or forwarding of messages.

E-Procurement Unlike the typical procurement system, e-Procurement uses the Internet to perform the procurement function.

Encryption The process of transforming plaintext into an unintelligible form (ciphertext) such that the original data either cannot be recovered (one-way encryption) or cannot be recovered without using an inverse decrypting process (two-way encryption).

Electronic Commerce The conduct of business communications and management through electronic methods, such as electronic data interchange and automated data collection systems.

Efficient Consumer Response (ECR) Initiative between retailers and suppliers to reduce existing barriers by focussing on processes, methods and techniques to optimise the supply chain. Currently, ECR has three primary focus areas: supply side (e.g., efficient replenishment), demand side (e.g., efficient assortment, efficient promotion, efficient product introduction) and enabling technologies (e.g., common data and communication standards, cost/ profit and value measurement). The overall goal of ECR is to fulfil consumer wishes better, faster and at less cost.

EDIINT Electronic Data Interchange over the INTernet (see AS1 and AS2).

EDI Electronic Data Interchange. The computer-to-computer transmission of information between partners in the supply chain. The data is usually organised into specific standards for the case of transmission and validation.

EbXML an emerging standard for inter-business process definition for exchanging business data. Leverages much of the semantic knowledge and information in the EDI community.

E-Business Also known as "E-Biz" or "eBusiness" and is used to describe the use of Internet technologies and the Web in particular, for the conduct of business. Applied in internal-facing, external-facing, applications, networking and systems to describe the broad trend of using the combination of IP networks and applications to reduce costs, automate processes and improve customer service.

EAN-UCC System The EAN-UCC System offers multisector solutions to improve business efficiency and productivity. The system is co-managed by EAN International and the Uniform Code Council (UCC).

EAN International EAN International is the worldwide leader in identification and e-commerce. It manages and provides standards for the unique and non-ambiguous identification and communication of products, transport units, assets and locations. The EAN-UCC system offers multi-sectoral solutions to improve business efficiency and productivity. EAN International has representatives in 97 countries. The system is used by more than 850,000 user companies. (www.ean-int.org)

EAN-UCC EAN and UCC co-manage the EAN-UCC System - the global language of business.

EAI Enterprise Application Integration is a set of technologies that allows the movement and exchange of information between different applications. Typically, products from vendors such as Vitria, Tibco, WebMethods and CrossWorlds (acquired by IBM) address this market space with software integration products that require a significant systems integration effort to implement. Because of the cost and complexity of using EAI technologies, they are not generally used to form trading networks of more than just a few independent companies.

 
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