BUSINESS
July 12, 1999
Volume 77, Number 28
CENEAR 77 28 p. 13
ISSN 0009-2347

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Business-to-business interface to lead chemical electronic commerce

  Channel % of sales
electronically
  Description (Examples)
High-value interactive   60-80% Integrated and direct, secure procurement channel allowing producers and strategic customers to share production forecasts and inventory positions (Shell Chemicals)
Low-cost interactive 10-20 Direct channel for reliable self-service products and services that are at a low cost to provide (GE Plastics' Polymerland)
Virtual marketplace 10+ Single-source, electronic procurement that aggregates products and services from across the industry (e-Chemicals, Chemdex)
Trading/spot auction  5-10 Dynamic matching of buyers and sellers in real time for anonymous, secure transactions (CheMatch, ChemConnect)
Reverse market 5 Dynamic process where price-sensitive purchasers initiate bidding for specific products through a third-party service; producers compete for the sale (FreeMarkets)
Infomediary, portal, or e-procurement 1-2 Information provider and link to other channels (The Plastics Network, VerticalNet)

Source: Andersen Consulting

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