e-commerce based procurement solutions for the chemical industry - eliminating the paper trail

At its current phenomenal rate of growth the electronic economy may overtak e the traditional industrial economy by 2003. The Internet business model-m inimal physical assets, little management hierarchy, and a direct pipeline to customers-has become the new orthodoxy, and it is transforming cost and service equations across the corporate landscape. Even the doubters, like G eneral Electric's Jack Welch and Rupert Murdoch of News Corporation, have b een converted.