Article: British businesses acknowledge e-marketplaces deliver significant benefits.

M2 PRESSWIRE-3 June 2004-BT: British businesses acknowledge e-marketplaces deliver significant benefits(C)1994-2004 M2 COMMUNICATIONS LTD

RDATE:06022004

Online marketplaces reduce operating costs and improve internal efficiencies new research revealed today. The study was carried out for the Chartered Institute of Purchasing & Supply (CIPS) by the University of the West of England (UWE), and supported by BT and Oracle. These results support the view that online marketplaces do provide tangible value to e-procurement business models - which may surprise some industry critics. The research indicates that e-marketplaces are now reaching commercial ...

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