So are five major airlines, six of the largest meat and poultry processors, and dozens more groupings of corporate Goliaths. Thirty years ago, big buyers didn't have the technology to band together and bring their suppliers under one virtual roof. And 30 years ago antitrust regulators were so wary of competitors working together that they wouldn't have dared try. The feds are scrambling to answer these questions. To secure the former, you must face the latter.
Marketplaces lure buyers with the promise of lower costs and increased efficiency.
Long-term, marketplaces also promise to be forums for communicating with suppliers about inventory levels and product development schedules, which could in turn help companies tighten up inventory management and decrease production times. For sellers, marketplaces offer a mixed bag. By joining a marketplace, suppliers can reach a larger pool of buyers and streamline their communications with them. But they also open themselves up to price pressure and commoditization, and only the most efficient suppliers will survive this heated competition. Optional - we will neither sell nor display your personal information.