Web exchanges must offer guarantees, warns expert_3
18 July 2012
Companies launching Internet-based trading exchanges must give a strict assurance that they will not try to influence bidding, or suppliers will refuse to take part, a leading figure in the automotive industry has warned purchasing professionals.
Heinrich Reidelbach, vice-president of purchasing services at DaimlerChrysler, said it had bought items worth more than e4 billion (£2.4 billion) through its own marketplace, DCX, including car body parts, generators and computer components.
Feedback from suppliers had confirmed the mutual benefits of online bidding, he told the European Purchasing Directors’...