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Opportunities: New business models enabled by B2B systems

8 September, 2015 - 14:52

The basic business model, the supply chain, is not modified by the integration of B2B systems into a companyís external operations. However, the actual implementation of that supply chain model is significantly changing. By providing increased opportunities for finding better suppliers and for reaching out to additional customers, B2B systems (along with modern transportation systems) are reducing the former need of businesses to be located in physical proximity to either its suppliers and/or its customers (i.e., agglomeration). This is increasing the trend towards globalization while providing for the more efficient and effective operation of businesses around the world. While a simple statement, this is a complex change in the way that businesses can operate. It has social and political implications far beyond the profit and loss calculations that are typically used to evaluate changes in business operations. Will new business models develop as a result of these changes? Stay tuned more to come.