GlobalNetXchange (GNX), the retailer-led online supply network, was due to float about now but its owners, including Carrefour and Sainsbury’s, are having a rethink. While investment in supply chain management technology is growing by almost 28% per year, with a healthy chunk going towards online procurement, GNX’s profit-seeking model has deterred many retailers. Even the main participants have been complacent about putting orders through the system. GNX’s owners have a lot to prove before they can attract much investor interest.
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Investment in supply chain management technology ($ billion), by region, 2000-04
2000 | 2004 | |
| North America | 2.84 | 7.28 |
| Europe | 1.11 | 3.64 |
| Rest of World | 0.48 | 1.63 |
D A T A M O N I T O R | ||
| Source: Datamonitor, 2001: “eSupply Chain in Consumer Markets” | ||
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