System for managing a supplier for participation in a plurality of trading networks

1. A system, comprising a computer that includes a physically tangible storage device readable by the computer, said storage device storing a program of instructions configured to be executed by the computer to perform a method for managing a supplier for participation in a plurality of trading networks, said method comprising:

receiving from each said trading network a volume commitment consolidating a plurality of trading network customer volume commitments for offerings of commodities and services;

negotiating an offering with each said trading network to supply to customer members of said trading network a commodity or service of said commodities and services;

building, in an electronic storage device for each trading network of said plurality of trading networks, a trading network entity, said trading network entity including for said supplier a supplier entity with attributes including start date, end date, sets of services and products offered to said trading network, and payment flow for said commodities and services;

offering at least one trading network package, said trading network package based on negotiations occurring prior to receiving purchase requests from said customer members;

selectively defining each said trading network package as including: (i) a trading network value-add service offering offered by said trading network to said customer members for a fee, and (ii) a managed package for which a customer member of said customer members provides a volume commitment and for which actual purchases are tracked; and

negotiating price discount levels for committed levels of demand from said trading networks.

2. The system of claim 1 , said method further comprising:

defining each said trading network package as a grouping of contracts and catalogs that have been negotiated with a trading network supplier prior to receiving purchase requests from said customer members by the trading network with said trading network supplier.

3. The system of claim 1 , said method further comprising:

collecting into a benefit package of the at least one trading network package a plurality of supplier offerings assignable as a benefit to said customer members; and

defining said benefit package as a custom package or a standard package, said custom package being a package which can only be assigned as a customer benefit to a predefined set of customers of said customer members and said standard package being a package which can be assigned to any customer member of said customer members.

4. The system of claim 1 , said method further comprising:

defining a first trading network package of a first trading network of the at least one trading network package as a plurality of portfolio items.

5. The system of claim 4 , said method further comprising:

defining each said portfolio item as a purchase offering providing access selectively to a purchasing catalog or contract.

6. The system of claim 4 , said method further comprising:

defining each said portfolio item as a technology offering allowing use of specific applications for a given business function and an Information Technology (IT) infrastructure.

7. The system of claim 4 , said method further comprising:

defining each said portfolio item as procurement business offering, said procurement business offering being a value-add service of said first trading network that said first trading network offers for a fee.

8. The system of claim 4 , said method further comprising:

defining each portfolio item as a trading network offered item or a supplier offering,

said trading network offered item being offered directly from the first trading network itself and not from suppliers in the first trading network; and

said supplier offering being a trading network portfolio item that is offered from one supplier of said suppliers in the first trading network as a line item within a supplier's membership agreement.