Collaborative Commerce (C-Commerce) - Explained
What is Collaborative Commerce?
Written by J. Mance Gordon
Updated at April 21st, 2024
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What is Collaborative Commerce (C-commerce)?
Collaborative commerce, or collective trade, is the act of using technologies to facilitate the interaction and cooperation between the internal processes and personnel in an enterprise as well as business interactions among other enterprises. Collaborative commerce is also the use of technologies to coordinate or optimize the internal activities of an organization in order to meet a global standard.
There are diverse electronic tools or internet technologies that allow a business to connect with a wide array of vendors, suppliers, and other partners, leveraging on these tools for business purposes.