Purchase Solution

IBM: Private Exchange/Consortia Based E-Marketplace

Not what you're looking for?

Ask Custom Question

According to Boll Paulk, IBM's vice president of e-marketplaces. "IBM has saved about $1.7 billion since 1993 by being able to divulge sensitive price and inventory information over a private exchange built for 25,000 suppliers and customers." As the host of the exchange, the company helped defray the cost of connecting suppliers. The payoff: On-time delivery to customers soared from about 50 percent to close to 90 percent. "which helped justify the cost," Paulk says. In 1999, IBM invested in E3open, a consortia-based e-marketplace for the electronics industry. Why do you think IBM needs both a private exchange and a consortia based e-marketplace?

Purchase this Solution
Solution Summary

This solution disusses why IBM needs both a private exchange and a consortia based e-marketplace.

Solution Preview

IBM needs both a private exchange and a consortia based e-marketplace because they serve different purposes. The private exchange IBM and its suppliers worked ...

Solution provided by:
Sally Baldwin, Ed.D
Education
  • BA, University of Southern California
  • MSS, United States Sports Academy
  • Ed.D, Boise State University
Recent Feedback
  • "Thk u"
  • "Thank you!:)"
  • "Thank you!:)"
  • "Thank you!:)"
  • "Thank you!:)"
Purchase this Solution
Free BrainMass Quizzes
Understanding Management

This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.

Accounting: Statement of Cash flows

This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.

Lean your Process

This quiz will help you understand the basic concepts of Lean.

Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations

Basics of corporate finance

These questions will test you on your knowledge of finance.

View More Free Quizzes
Related BrainMass Solutions

  • E-commerce Questions

    Consortia are typically formed by a group of leading vendors in a particular industry, like Global Food Exchange.

  • Global Business: three most critical issues for IBM in the next five years

    The solution examines the three most critical issues for IBM in the next five years. The issues and recommendations for IBM to thrive in the global marketplace is examined.

  • Elemica: Cooperation, Collaboration, and Community

    Why is Elemica described as an example of an industry consortia net marketplace? How does it differ from other types of net marketplaces like ChemConnect? 2.

  • E-Business and Supply Chain Automation

    110406 E-Business and Supply Chain Automation How can Internet-based technologies be used to automate the supply chain? 1. How can Internet-based technologies be used to automate the supply chain?

  • Businesses that engage in EDI with each other are called

    a. private store c. private exchange b. customer portals marketplace d. private company marketplace 11. The ____ is the agency responsible for receiving the government's tax, license, and other fee revenue. a. FMS c.

  • Private insurance and utilization of health care

    Reference: a) Private Health Insurance: Research on Competition in the Insurance Industry, John E. Dicken, DIANE Publishing, 2010 b) Global Marketplace for Private Health Insurance: Strength in Numbers, Alexander S. Preker, Peter Zweifel, Onno P.

  • Procurement and Outsourcing Strategies

    The secod is private e-markets that allow companies to run reverse auctions and online supplier negotiation(b). The third strategy is consortia based e-markets where a number of companies within the same industry come together.

  • Managing E-Business

    Consider this: "Business Definition for: E-marketplace an Internet-based environment that brings together business-to-business buyers and sellers so that they can trade more efficiently online.

  • organization/industry overview

    RSS&NewsId=7286 Therefore, we can clearly see that apple is gaining ground in the marketplace which is dominated by Windows/IBM based PC's.

View More Related Solutions