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GM cuts process times


General Motors (GM) in Europe claims to have cut transaction processing times by 20 per cent and will soon expand its web-based retailing and supply purchasing systems. However, it will replace the online parts supplier and auction site TradeXchange with Covisint, set up by GM, Ford and DaimlerChrysler, when it begins trading next year.
E-consultancy for BMW


German car maker BMW is creating a consulting and services company for all its e-commerce activities, including operations from component purchasing to vehicle marketing. The new company, called Nexolab, will employ 50 consultants, possibly rising to 250 within three years. The move follows a similar initiative by DaimlerChrsyler last month.
Supplier numbers call


The Internet may have sped up supply chain relationships in manufacturing but even with e-commerce supplier numbers need to be kept to a minimum, according to Ton van Esch, strategy chief at Xerox, which has cut suppliers from 5,000 to 400.
Nissan to review sale

Red tape dampens boom

National Audit Office


Ventro closes markets


Business-to-business services provider Ventro Corporation announced last week that it will close its US vertical electronic marketplaces Chemdex, for the life sciences, and Promedix, for the medical sector, losing 235 jobs.
Source of opportunity
Electronic sourcing - the next stage in the development of e-commerce - will be the most significant yet for purchasers, reckons Jon Simkin
Net closes on abusers


Energy regulator Ofgem is set to attempt to introduce market abuse conditions to energy generators’ licences just weeks after the Competition Commission forced it to back down over a similar ruling.
CIPS calls for reform


The construction industry should be more transparent, ethical and fair, according to CIPS’s construction clients’ policy. Complaints against the construction industry overtook those against the car industry for the first time last year, but CIPS said construction clients also had a duty to set clear objectives and help to improve the industry.
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