Has e-commerce had its heyday?

13 November 2007

Five years ago the growth of e-commerce would have seemed unlikely to many. But has its popularity now peaked, or more to the point, has the rate of development and innovation slowed down?

A survey of 600 marketplaces and 200 suppliers in 2002 commissioned by consultancy Achilles and conducted by the University of Oxford's Said Business School, found that more than 60 per cent of respondents did not use e-auctions and had no plans to use them within the next two years.

Now, e-procurement is lauded for its general ease of use and efficiency, making e-auctions a staple part of many businesses’ buying practices.

But is the boom period over for e-commerce. Is there anything else new to add that will be genuinely useful to procurement professionals?

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