The mother of e-marketplaces: will it pass the test?
13 September 2012
Automotive exchange Covisint is seen as a barometer of business-to-business e-commerce. David Arminas looks at its progress and finds that long-term success will depend more on collaborative working than quick-fix e-auctions
Great hype has surrounded online trading exchanges. They were going to revolutionise the supply chain. Buyers would save thousands if not millions of pounds in lower commodity price, while suppliers would see their transaction costs slashed.
Suppliers were also supposed to see the common-sense argument for doing business through an exchange and so would flock to...