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How can I use e-commerce to generate value in my supply chain?

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There are many Internet stories of successful business-to-business (B2B) applications. B2B buying consortia, industry-specific sales consortia and independent Internet trading exchanges are generating impressive benefits for their members. These include savings on transaction costs of up to 50% and reductions in inventories as a result of improved service levels and reliability. The cost savings recorded by multinational corporate buying consortia on the Internet have led many other multinationals to ask prospective suppliers to be Internet-enabled as a qualifying factor.

Related Subject(s): International Trade and Finance
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