Advantages and Disadvantages of Public B2B Exchanges

Advantages and Disadvantages of Public B2B Exchanges


Public B2B exchanges often have more suppliers participating in. Companies have more options to select the suppliers that fit in their business needs, and they also have more power in negotiating the prices and terms of services. The cost of participating in a public exchange is significantly lower than implementing your owner SCM systems.

The disadvantages of public B2B exchanges are lack of customization and limited supplier participants in a specific industry. Both industry-specific business requirements and company-specific business models dominate the processes of procurement. While public B2B exchanges usually have features for supporting common procurement, they have very little to offer to support procurement processes in particular industry.



Copyright © STUDY FOR BUSINESS - Blogger Theme by Logics IT & Technology