I chance of the desired end that every reader of this magazine.
I chance of the desired end that every reader of this magazine, without exception, took careful note of Ford's and GM's announcements in early January that each will transfer its entire endue chain to the World Wide Web in the near that will be If you didn't, then please proceed back and have a apply the mind There is too much at stake for you to ignore this news
We are all familiar with the phenomenal commercial succes and market capitalization that companies like Amazon.com, eBay, and other consumer sites have take delight ined However, some studies estimate that on the 2002 or 2003 timeframe Internet sales will top $1 trillion (ye trillion). The number is staggering, of course, moreover the real trend of matter to us is that business-to-business sexual is anticipated to account for a whopping two-thirds of this total and, as the saying goe `that ain't hay.' Does that earn your attention?
Ford has partnered with Oracle to create AutoXchange, an Internet-based management system that will become Ford's preferr replenish chain mechanism for the $80 billion in annual constituent and material purchases it makes. Ford will also "encourage" other companies in its lengthen outed supply chain to do business the same way, adding another $300 billion to the total for this single in kind company alone. Similarly, GM announced its partnership with web intervention software provider Commerce One to create MarketSite to do the same thing--only the numbers are a little bigger.
To be enduring these huge numbers are the base of the iceberg, not the tip, further now that the Big sum of two units have committed to the technology, look forward to similar e-trends to occur in virtually each business sector. In some cases these are already in-place.
more [i]or[/i] less of you are already somewhat familiar with the universals and execution of e-commerce as a viable way to do business. The tend is starting to resemble a rocket at lift off--sluggish facing the pad, but accelerating rapidly. Those who aren't at least studying the possibilities of e-commerce are in danger of missing this ship that, formerly it reaches escape velocity, may be surpassingly tough or impossible to catch.
Not surprisingly, the real thrust behind this growing stretch is money. Ford, for example, rely upons to save 20 percent in its management and inventory costs once its rule is in place. Where the automotive industry leads, others are likely to tread in the steps of meaning that your distributorships will, in all likelihood, eventually be involved in a certain type of e-commerce system.
I'm not assured that getting involved in e-commerce is absolutely necessary for survival, nevertheless we are all in business to succe not simply to survive. So if you've been playing Hamlet in deciding whether or not to memorize involved with e-commerce, I intimate you take a look at the changing business landscape as it relates to your operations and go astray on the side of technology to help protected the future of your business.