Abstract: A system and method for managing asset information is presented for both a standalone architecture and as a component of a total asset management system. The range of users for the system and method of the present invention spans single users to partners of a supply, chain and in the latter case, cross-organization asset detail information is provided to supply chain partners. The system and method of the present invention is intended to be interfaced with other components of a total asset management system, e.g., a procurement system for asset acquisition, and may be interfaced to legacy systems.

Abstract: A system and method for managing asset information is presented for both a standalone architecture and as a component of a total asset management system. The range of users for the system and method of the present invention spans single users to partners of a supply, chain and in the latter case, cross-organization asset detail information is provided to supply chain partners. The system and method of the present invention is intended to be interfaced with other components of a total asset management system, e.g., a procurement system for asset acquisition, and may be interfaced to legacy systems.

Abstract: A hosted system and method for at least one procuring organization to electronically order assets from at least one seller's electronic catalog is provided in which the host participates as a seller of assets and provides a full electronic catalog of products. A procuring organization is assigned at least the host's electronic catalog but may be assigned any number of seller catalogs, including custom catalogs in which assets are offered to the procuring organization at predetermined prices. A procuring organization can specify approval workflow routes in the procuring organization which electronic orders must successfully traverse before being sent, electronically, to sellers.