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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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