The draft, prepared by Oasis' Universal Business Language (UBL) Technical Committee, contains specifications for XML representations of seven key business documents - order, order response, simple order response, order cancellation, despatch advice, receipt advice and invoice.
The UBL specifications will be widely applicable in general business, in the accounting, customs, taxation, and shipping industries and anywhere that supply-chain management (SCM) is involved or Electronic Data Interchange (EDI) used.
The specifications can be customised via extensions to suit particular business environments.
Oasis stressed that the specifications represent a first draft rather than a full Oasis open standard or an Oasis committee specification. The UBL committee will accept comments on the draft proposals until the middle of April.
Oasis, whose members include virtually all major IT suppliers, is involved in promoting standards ranging from ebXML - a global framework for e-business data exchange, XML, UDDI (Universal Description, Discovery and Integration), CGM Open, LegalXML and PKI.
Oasis is also involved in promoting multilingual transactions by formulating standards for translating content between different languages.