Automatic for the People
Do <I>you</I> know what an eMarket is? If you plan to be a dotcom success, you'd better find out fast.
Emarkets have been touted as the segment of the Internet with the most growth potential, representing lucrative sales and high profit margins. In fact, Forrester Research projects business-to-business sales to reach $843 billion this year.
For small businesses, eMarkets have the potential to completely alter supply and distribution models. In addition, streamlined e-logistics and e-procurement, arising from the efficiency of automated supply chain processing, promise to downsize things like inventory management from a 60-day cycle to a six-day cycle, all while lowering the cost of processing orders and expediting the delivery of b2b goods and services. But there's a challenge facing eMarkets: They must not only automate the existing supply chain, but also be able to bring in new members on a global scale. Problem is, eMarkets have been heavily criticized for lacking a standard.
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