The kind of business-to-business (B2B) network that gives access to organization so that they can have access to a suppliers as well as distributors for a better supply chain management is private exchange.
- A private exchange can be regarded as online resource which could be established by brokers, insurance as well as benefit consultants which allows individuals and employers to locate suppliers and distributors.
- This service brings about a improved supply chain management.
Therefore, private exchange is the correct term.
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