Automotive Industry
Industry: Email Alert RSS FeedExchanges cut fees to get business.(News)
Automotive News Europe, November, 2002 by Whitbread, Colin
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Byline: Colin Whitbread Automotive News Europe
E-procurement fees are falling as competing online exchanges struggle to expand their customer bases.
Online exchanges are changing pricing models for a wide range of services to reduce costs for users. This is good news for existing e-marketplace clients, both original-equipment manufacturers and suppliers, and for new users. But the new pricing creates an additional strain on the exchanges as they try to replace conventional purchasing practices.
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Some exchanges admit that their original business plans were too ambitious. ...
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