Costs set to keep falling over the next two years_2

Lower prices for goods and services and process efficiencies will continue to fuel spending through e-marketplaces in the next two years, according to a study of US manufacturers.

The survey, by Forrester Research, found that 84 per cent of respondents saw lower prices as the main indicator of using e-marketplaces successfully. Most expected to make savings of 4 per cent on purchasing through e-marketplaces this year, a figure that was expected to double by 2003.

Manufacturers are realistic about implementation costs. Readying internal...

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