Naveenrana

Another reason that a consensus has not been reached is that much of the agent research is proprietary. Companies that sponsor the research do not want to give away their work for free, since they have made significant monetary contributions to this research

While efficiency considerations may not greatly depend on exchange type, effective e Procurement mainly results from the selection of an appropriate B2B exchange that dictates the supplier consideration set, the amount and quality of industry and product information, and accompanying services.

Therefore, exchange type selection should have a significant impact on e Procurement effectiveness, which is usually determined and measured in terms of supplier performance-competitive price, timeliness of delivery, supplier flexibility, and product quality.

These moderating factors should be taken into account in the selection of appropriate types of B2B exchanges following the proposed classification. Many proposals for a formal definition of "intelligent agent" have been made, but none has been widely accepted.

Intelligent agents are software entities that carry out some set of operations on behalf of a user or another program with some degree of independence or autonomy, and in so doing, employ some knowledge or representation of the user's goals or desires

An agent is anything that can be viewed as perceiving its environment through sensors and acting upon that environment through effectors.Special purpose’ distinguishes them from other entire multifunction applications; agents are typically much smaller.

Let us define an agent as a persistent software entity dedicated to a specific purpose. ‘Persistent’ distinguishes agents from subroutines; agents have their own ideas about how to accomplish tasks, their own agendas.

While participation in multilateral markets meant loss of electronic integration, the power of B2B exchanges enables markets to achieve comparable levels of technical and business integration as traditional dyadic relationships.

The academic and business literature has primarily focused on the efficiency-based cost savings associated with ecommerce, mainly resulting from lower transaction costs, higher speed and less ‘friction’.

Given the power of B2B exchanges to support business exchanges and offer several services, any firm could leverage their capabilities to receive value through e Commerce. it is important to understand how firms can benefit from B2B e Commerce through their participation in these exchanges

The low cost of Internet-based e Commerce increases the scope of B2B exchanges to touch all firms irrespective of size, nature of business and relationship orientation. Therefore, since B2B exchanges redefine how firms interact with each other,