8 Steps in B2B e-business transaction

Generally speaking, there are 8 steps in B2B e-business transactions.

The first step, commercial customers placed the order to the seller, they must send “user orders”, which includes product name, product amount, and other details about the product.

The second step, the seller should contact related suppliers to check if the products are available at the moment as soon as they receive the “user order”; then the seller should send out “order enquiry” to supplier.

The third step, the suppliers should give out a quick response after they received and checked the “order enquiry” to ask the question of whether the products are available.

The fourth step, the seller should confirm if the suppliers could complete the “users order” first, then the seller should send “transportation enquiry” to the carrier who takes charge of the delivery.

The fifth step, the carrier should give a response to the seller about the “transportation enquiry”, such as the capability of finishing the task, transportation route, date, mode, etc.

The sixth step, after confirmation, the seller should reply to the “user order” in details, meanwhile the seller should give a shipment notice to the supplier and sent a notice to the carrier.

The seventh step, the carrier starts to ship the goods as they received the delivery notice, then the seller should send payment notice to the customers such as bank bills through gateway.

The eighth step, payment gateway send successful “fund transferring” to the seller.

IBUonline is a B2B e-business portal, and it complete transactions as the above mentioned steps.