scholarly journals Electronic Business-to-Business Marketplace Transformation in the Chemical Industry: Will the Second Wave Succeed Where the First has Failed?

2022 ◽  
Vol 10 (1) ◽  
pp. 12-42
Author(s):  
Tay Kin Bee
Keyword(s):  
Supply Chain ◽  
Market Share ◽  
Chemical Industry ◽  
Market Size ◽  
Electronic Business ◽  
Electronic Marketplaces ◽  
Set Up ◽  
Chemical Distribution ◽  
Business To Business ◽  
Second Wave

The global chemical sales are expected to be worth over €6,000 bn by 2030 and this offers a very significant market size for businesses to be transacted electronically. It is generally believed that the first wave of the electronic business-to-business marketplace featured very strongly into the chemical industry sometime in the late 1990’s, but in just over a few years many of these electronic marketplaces started to close down or being merged with others, and later on they too disappeared from the chemical industry. Many of them had failed to sustain themselves in the marketplace and survived. From 2005 onwards, it became apparent that the second wave of electronic marketplaces started to enter the chemical industry again. Electronic marketplaces were being set up by chemical manufacturers and distributors, with many of them even setting up multiple web storefronts, to promote their products.       This research will look into the chemical distribution market size, supply chain activities, as well as the various electronic marketplaces present in the chemical industry. The Author will investigate into the reasons why the first wave of chemical electronic marketplaces did not manage to sustain themselves in the market and the possible reasons for their failure. The types of electronic marketplaces during the second wave were investigated in great detail. What are the differences in the types of electronic platforms in the second wave and will they stand a chance to survive this time round, when many of them have failed in the first wave? This research will attempt to investigate the possible strategies through the digital marketplace, by both chemical manufacturers and distributors, in their effort to capture greater market share.     

Supply-Chain Challenges for B2B eCommerce with Examples from the Chemical Industry

2002 ◽  
pp. 132-146
Author(s):  
ManMohan S. Sodhi
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Chemical Industry ◽  
The Internet ◽  
Chain Management ◽  
Customer Expectations ◽  
Business To Consumer ◽  
Business To Business

In this chapter, I examine supply-chain-related challenges that eMarketplaces and existing companies face as business-to-business eCommerce increases. Although the Internet is increasingly attractive for B2B commerce and for supply-chain management, eCommerce is more likely to reveal the inefficiencies in supply chain and to increase customer expectations relative to offline trade. Therefore, managers must understand the supply-chain management challenges associated with B2B eCommerce, especially in light of the fulfillment failures already experienced in business-to-consumer eCommerce.

scholarly journals E-Supply Chain Management: A Review

2021 ◽  
Vol 11 (2) ◽  
pp. 51-61
Author(s):  
Atour Taghipour ◽  
◽  
Shynar Murat ◽  
Panpan Huang
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Critical Review ◽  
Electronic Business ◽  
Management Research ◽  
Electronic Marketplaces ◽  
Chain Management ◽  
The World ◽  
Different Types ◽  
Business Principles

These days, internet-based electronic marketplaces (EMs) are widely expanded all over the world. They emerge in different industries, supporting the various exchanges of goods or services with and for different types of actors, and are following different business principles and models to face up to its competitors and fulfil its ambitions. Most observers have suggested that electronic marketplaces would emerge to prevail over the electronic business area. This article aims to propose a critical review based on existing literature, over the electronic marketplaces and imposes the supply chain management research in respect of this issue.

scholarly journals Decentralized Agent-based Electronic Marketplace Supply Chain Ecosystem

Pomorstvo ◽  
2018 ◽  
Vol 32 (1) ◽  
pp. 21-27
Author(s):  
Roman Gumzej ◽  
Dragan Čišić
Keyword(s):  
Supply Chain ◽  
Service Quality ◽  
Network Effects ◽  
Added Value ◽  
Electronic Marketplace ◽  
Electronic Marketplaces ◽  
Agent Based ◽  
History Of ◽  
Business To Business

Electronic marketplaces have become an essential part of the business to business e-commerce. Supply chain concept is fully taking advantage of using the network effects in electronic marketplaces due to augmented added value from each participant. However, highly desirable network effects lead to one company monopoly over the whole marketplace. To prevent this effect, authors are proposing and devising a decentralized agent-based electronic marketplace for supply chain ecosystem. The goal of our research is to improve overall supply chain service quality by allowing companies’ agents to evaluate the service quality of their partners through the history of their transactions. Consequently, since in their procurement activities more informed decisions are being made instantaneously, continuously and autonomously at each node of a supply chain, supply chain service quality is being improved along the whole supply chain.

scholarly journals Asia’s Chemical Distribution Market: The final Frontier for Mergers and Acquisitions!

2021 ◽  
Vol 9 (9) ◽  
pp. 148-170
Author(s):  
Tay Kin Bee
Keyword(s):  
Mergers And Acquisitions ◽  
Chemical Industry ◽  
Private Equity ◽  
High Growth ◽  
Background Information ◽  
Market Size ◽  
Consolidation Process ◽  
Lack Of Information ◽  
Major Chemical ◽  
Chemical Distribution

The chemical distribution business had undergone huge transformational changes globally, through mergers and acquisitions, by both strategic buyers and private equity firms. The industry consolidation process in Europe and North America which started many years ago is now being shifted to Asia. There is very little research being done on Asia’s chemical distribution market size and the major chemical distributors. Asia’s chemical industry enjoyed tremendously high growth in the past years, and coupled with the highly fragmented chemical marketplace, it offers huge scope for consolidation. The lack of information and clarity in Asia’s chemical distribution sector has somewhat impeded the pace of the consolidation process. A clearer knowledge of the chemical distribution market size, and the key players in the market, itself would help potential investors enormously in their decision making to expedite the mergers and acquisitions process. The research findings can serve as a compass for potential investors to navigate through Asia when searching out for potential targets and would offer investors a much-needed informational tool to know where to look to invest in. Literature review on existing publications, chemical industry trade publications, and chemical distribution associations will provide the background information for this research.

INTEROPERABLE SUPPLY-CHAIN APPLICATIONS: MESSAGE METAMODEL-BASED SEMANTIC RECONCILIATION OF B2B MESSAGES

2010 ◽  
Vol 19 (01n02) ◽  
pp. 31-69 ◽  
Author(s):  
MARKO VUJASINOVIC ◽  
EDWARD BARKMEYER ◽  
NENAD IVEZIC ◽  
ZORAN MARJANOVIC
Keyword(s):  
Supply Chain ◽  
Electronic Data Interchange ◽  
Electronic Business ◽  
Markup Language ◽  
Common Representation ◽  
Data Interchange ◽  
Extensible Markup ◽  
Message Structure ◽  
Message Exchange ◽  
Business To Business

Supply-chain applications exchange numerous electronic business-to-business (B2B) messages of varied types. Traditionally, prior to a message exchange, partners adopt one particular message specification that constrains message structure and syntax to implement compatible application message interfaces. However, in open, dynamic supply-chains, the applications need to interact even though their message interfaces are based on different, yet incompatible message specifications. To achieve such interactions, we propose the Message Metamodel-based semantic reconciliation of B2B messages. The Message Metamodel is a novel, ontological form that provides for common representation of B2B message specifications and messages of various syntaxes, such as Extensible Markup Language (XML) or Electronic Data Interchange (EDI). The experimental investigation showed that proposed semantic reconciliation architecture built atop the Message Metamodel (1) insulates the reconciliation activities from the specific message syntaxes, (2) supports the reconciliation of messages irrespective of message standards used, and (3) enables seamless interoperable message exchange between heterogeneous supply-chain applications.

scholarly journals Strategies for Success as an Industrial Chemist

2021 ◽  
Vol 43 (3) ◽  
pp. 4-7
Author(s):  
Carolyn Ribes
Keyword(s):  
Supply Chain ◽  
Research And Development ◽  
Affordable Housing ◽  
Chemical Industry ◽  
Clean Water ◽  
Technical Service ◽  
Sustainable Infrastructure ◽  
Industrial Companies ◽  
Global Challenges ◽  
Industrial Chemist

Abstract Chemists find careers in the chemical industry very rewarding. The focus is on applied chemistry and in delivering solutions that meet customer needs, whether the customers are other industrial companies or individual consumers. Chemistry provides solutions to the global challenges facing our society, including the need for clean water, nutritious food, improved healthcare and wellness, affordable housing, and sustainable infrastructure. Within industry, chemists serve in a wide variety of roles. The largest fraction may be in research and development (R&D), although opportunities in manufacturing, technical service and development, supply chain, marketing, intellectual property protection, sales and commercial functions, and many other options are also open to chemists who want to apply their skills [1]. I was drawn to a career in industry because I’m results oriented and I wanted my work to be applied immediately and have an impact.

Sign in / Sign up

Export Citation Format

Share Document