RosettaNet’s Mission Statement “RosettaNet will harness the global and pervasive reach of the Internet by defining -- and leading the implementation of -- open and common processes designed to align the electronic business interfaces between supply chain partners, ultimately resulting in measurable benefits for buyers and all supply chain partners.” RosettaNet is an efficient E-business processes that gives company’s dynamic trading-partner relationships and new business opportunities. RosettaNet consists of 350 of the world’s leading Information Technology (IT), Electronic Components (EC), and Semiconductor Manufacturing (SM) companies working to create and implement industry-wide, open E-business process standards. It is also a self-funded, non-profit organization. The company name, RosettaNet, is named after the Rosetta Stone. The stone is carved with a message in three languages, which led to the understanding of hieroglyphics. RosettaNet is making history, like the stone, by breaking language barriers. Since RosettaNet is establishing a standard process for the electronic sharing of business information; this opens the lines of communication and a world of opportunities for everyone involved in the supplying and buying of today’s technologies. Companies who are adopting RosettaNet’s standards have reduced costs, raised productivity and engage in dynamic, flexible trading-partner relationships. The end users who are buying from these companies are enjoying the speed and uniformity in purchasing practices.Recently RosettaNet has introduced their newest standard to the market called Partner Interface Processes (PIP). By PIP providing the models and documents for the implementation of standards it has clearly defined business processes between supply chain companies. PIP’s are made up of specialized system-to-system XML-based dialogs. RosettaNet breaks PIP’s into six di...
