Inefficiencies exist throughout the supply chain. Everyday business operations are often tedious and time-consuming. Transactions may be significant delayed due to limitations associated with asynchronous communications. Electronic marketplaces provide a means for improving supply chain efficiency. They enhance liquidity by permitting a large number of buyers and sellers to connect with each other. Estimates indicate that B2B trade exchanges with facilitate $600 billion to $3 trillion (U.S. revenues) in trade by 2003 (Tumolo, 2001). Exchanges are found in a variety of industries including aerospace, agriculture, automotive, banking, chemical, education, energy, food, hospitality, paper, and steel...
Date of creation, presentation, or exhibit
Department, Program, or Center
Cook, Jack, "Critical success factors for the development of trade exchanges" (2002). Accessed from
RIT – Main Campus