UK: BENEFITS OF B2B AMONG SMALL BUSINESSES

Article Abstract:

The UK's small businesses could achieve a GB[pound] 24bn overall saving with the advent of business-to-business (B2B) online commerce, says research undertaken for GroupTrade by the London Economics consultancy. The report envisages that 30% of the overall savings, equal to 3% of GDP, would emanate from reduced prices online, although indirect savings in administrative effort and time would be greater. Gradual growth in B2B e-commerce is envisaged and firms will not realise savings at the outset due to the time taken transferring to online procurement. It is estimated that savings will be GB[pound] 3bn in 2000, increasing in 2002, to GB[pound] 6.5bn. For firms with up to 250 staff, annual cost savings could reach GB[pound] 37,000. The report predicts that by combining buying power, customers would be able to cut cots by 10% to 25%.

Sales, profits & dividends, Sales & consumption, Telegraph & other communications, Video Retailing Service, All Other Information Services, Small Business, Brief Article, Home shopping

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Big is not always best

Article Abstract:

Graduates should recognize that the UK's smaller companies offer valuable opportunities for personal development and career progression. Smaller companies generally do not have structured training and development programmes, but offer a high level of autonomy and the possibility of making rapid progress. Smaller companies do not necessarily pay significantly lower salaries than large ones.

Recruiting, Graduate students

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Initiatives nurture UK e-businesses

Article Abstract:

The challenges facing small businesses in making e-commerce part of supply chain management and other back office processes are discussed. The UK government's E-commerce Awards are designed to highlight and reward best practice in this area.

Electronic computers, Prepackaged software, Electronic Computer Manufacturing, Small Business Computer Systems, E-commerce software

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