Select an industry of your choice and analyse how business-to-business exchanges will change the supply chain.
Examples that could be chosen include:
• Covisint in motor industry (Ford, DaimlerChrysler and GM). Here, former exchanges created by Ford (AutoXchange) and GM (Tradexchange) have merged. Tait (2000) reports on research that suggests between $1000 and $3600 savings on a $26,000 car could be achieved for a car where all purchasing from manufacturer and end-customer is completed electronically. By the end of 2000, Covisint already had completed $200 million.
• WorldWide Retail Exchange (Kingfisher, Kmart, Marks and Spencer).
• T2 US airline trading exchange.
• GlobalNetExchange (Retailers Sears and Carrefour). Note that Transora has been created by fifty of the world’s major FMCG suppliers including Coca-Cola and Kelloggs in response to retailers.
• PaperX. Paper industry designed for one-to-one deals.