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Short Take: CommerceNet to get OBI

E-commerce trade group CommerceNet will oversee the Open Buying on the Internet standard, starting June 1. CommerceNet replaces SupplyWorks an Internet commerce consulting firm that spearheaded OBI's creation. OBI includes a standard format to list items in business-to-business catalogs so buyers can compare prices and specs from multiple vendors. Major purchasing firms helped draft the spec.

E-commerce trade group CommerceNet will oversee the Open Buying on the Internet standard, starting June 1. CommerceNet replaces SupplyWorks an Internet commerce consulting firm that spearheaded OBI's creation. OBI includes a standard format to list items in business-to-business catalogs so buyers can compare prices and specs from multiple vendors. Major purchasing firms helped draft the spec.