Personal Coaches' Help Execs Get' the Net
Two years ago, Harold Kutner, group vice president of worldwide purchasing at General Motors Corp., had never even popped the cover off a laptop computer.
Two years ago, Harold Kutner, group vice president of worldwide purchasing at General Motors Corp., had never even popped the cover off a laptop computer.
General Motors Corp. President and soon-to-be CEO Rick Wagoner said he has seen the light about tapping information technology to unleash a river of new revenue from an old-line car manufacturing company.
A consortium of six of the top 10 U.S. energy companies are partnering to launch an Internet-based trading exchange for gas, electricity and other energy-related commodities by year's end.
Staples.com today announced that its online contract customers can access their personalized catalogues and pricing at the StaplesLink.com e-commerce site via several major vendors' electronic procurement systems.
Continuing its electronic-business roll, Raytheon this week will launch EverythingAircraft.com, an Internet trading exchange for the $5 billion leisure aircraft market.
Ironside Technologies Inc. in Pleasanton, California, today announced software and services designed to offer suppliers plug-and-play, real-time data integration with multiple online exchanges. The Ironside Network is significant because it gives suppliers a way to quickly enter and exit online marketplaces without creating separate back-end links to each exchange.
Maxager Technology Inc. in San Rafael, Calif., has announced software that enables suppliers to calculate their costs and profit in real time while simultaneously bidding at online exchanges. The software identifies which contracts are potentially the most profitable and flags the lowest price a supplier can bid and still earn a profit on net assets based on real production costs.
For now, the biggest beneficiaries on the seller side of the digital exchanges seem to be small and medium-size suppliers.
While U.S. consumers continue to stroll the supermarket aisles, online grocery shopping is booming in Europe.
For all the hype surrounding e-commerce and digital marketplaces, a new study indicates that corporate industrial giants are lumbering, rather than sprinting, their way to the brave new world of Internet business.
A teen-ager pulls a packaged dinner from the kitchen freezer, scans it across a countertop Web pad and downloads cooking instructions from the food manufacturer. A computer system at the local supermarket receives an electronic replenishment order for the item and adds the same dinner to the family's weekly order.
Kraft Foods Inc., Procter & Gamble Corp., Nabisco Inc. and Pepsi Bottling Group Inc. are among the 50 food and consumer goods giants that plan to develop a multibillion-dollar online exchange open to virtually all companies across the industries' supply chains.
Companies should immediately quit building their own e-commerce applications and instead take up with one or more of the hundreds of business-to-business marketplaces springing up on the Internet.
GE Information Services (GEIS) is getting out of the proprietary networks business.
Companies should immediately quit building their own electronic-commerce applications and instead take up with one or more of the hundreds of business-to-business marketplaces springing up on the Internet.