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In page Supply chain management:

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Outsourced technology hosting for supply chain solutions debuted in the late 1990s and has taken root primarily in transportation and collaboration categories. This has progressed from the application service provider (ASP) model from roughly 1998 through 2003 to the on-demand model from approximately 2003 through 2006, to the software as a service (SaaS) model in focus today.[citation needed] For example, supply chain collaboration platforms connect multiple buyers and suppliers with financial institutions, enabling them to conduct automated supply chain finance transactions.[1]