Public B2B Exchanges Must Look Toward the Future (Dec 2001)

December, 2001


Impact from the soft economy was only one of the hits that public B2B exchanges took over the last six months. Not only have buyers grown more cautious as the economy has headed south, but also the tough business climate has made firms more competitive. Seeking an edge, many companies have been reluctant to accept terms from their suppliers that merely equal those of competitors. Lack of standards that streamline the supply chain are yet another weakness of these electronic marketplaces.