Trading Networks 10.7 | Optimizing B2B Interactions | Overview of webMethods Optimize for B2B | Overview
 
Overview
webMethods Optimize for B2B tracks trading partner interactions to deliver real-time, end-to-end visibility into supply chain performance. By observing all B2B (business-to-business) gateway transactions, business analysts can be notified of abnormal behavior to recognize problems and resolve them before they negatively impact business.
webMethods Optimize for B2B is a BAM solution for webMethods Trading Networks that enables enterprises to monitor and analyze key business data from the business documents flowing through Trading Networks. BAM (business activity monitoring) allows you to analyze real-time information about the performance of your business, helping you to understand how well your organization is running.
BAM can be applied to various levels of the business, but it is especially suited to transactional business processes where there is a desire to know that the business is working as expected, to be alerted when something is not working, and where immediacy of the information is a priority. BAM allows you to analyze real-time information about the performance of your business, including the following data:
*Volume of business activity and its responsiveness
*Serious errors that might have occurred
*Other key performance indicators (KPIs)
By analyzing this actionable data, you can identify and eliminate problems and take advantage of business opportunities. For example, you can view the purchase order or invoice trend of a particular customer from a particular region and then analyze whether or not working with that customer is beneficial for your organization. For more information about BAM, see Administering webMethods Optimize.
Trading Networks uses the monitoring capabilities of webMethods Optimize to analyze and monitor Trading Networks (TN) transaction data. You indicate what data you want to monitor by configuring the TN document types, selecting the document attributes to monitor, and then associating the TN document types to an event map. The system then uses that configuration information (TN document types and required document attributes) for analysis and monitoring.