Implications of B2B marketplace to supply chain development

Abstract

This paper illustrates recent development of the fast advancing B2B marketplace and its impact on changing the business environment as a whole. By recognising the need to adapt to a new form of inter-organisational relationships, the issues of supply chain development, in particular, have been specifically brought to a focal point of discussion. It then moves on to identify and evaluate the benefits and challenges that face the supply chain development process, emphasising primarily on the emerging B2B marketplace’s impact on supplier relationship, business competitiveness, responsiveness to the market needs and across tiers information sharing. Views on the formulation of new supply chain strategy and operational tactics have also been argued in an attempt to explore alternatives