Business Services Industry

E-PURCHASING: A two-way street.

Industrial Distribution, September, 2001 by Tuttle, Al

The Internet accelerates quoting and purchasing processes, and helps eliminate errors AS THE THIRD QUARTER ENDS AND THE WEATHER starts to cool, industrial and distributor personnel come back from vacations hoping for an economic turnaround. The changes in the economy over the past year, with its highs and lows, wreaked havoc on many Internet-based companies, including software and hardware giants, as well as wholesalers and retailers.

Many major stories coming from the dot--coin world were of layoffs and closings. The explanation from failed Internet exchanges was, "Customers and suppliers are not ready for the leap into e-business." Still, there are positive signs regarding e-business, according to INDUSTRIAL DISTRIBUTION'S 55th Annual Survey...

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