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Constructing e-business

By: Series: Civil Engineering ; 38(4) November 2000, 149(1)Publication details: 2000Subject(s): Summary: Looks at the rise of electronic commerce in the construction industry. A survey on the use of e-commerce for business transactions was conducted by the UK Construction Industry Computing Association and Construction Products Association in March 2000. Although the survey found that current use of e-commerce only accounts for 5% of all transactions, this figure is expected to increase to 50% within the next 5 years. Key advantages of e-commerce are perceived to be faster transaction time and reduced costs, while concern has been expressed about initial set-up costs and the risk of no personal contact. Finally, contractors' portals are examined as a means for existing e-commerce companies carry out transactions with new companies.
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Journal article London Journal article ABS63172 (Browse shelf(Opens below)) 1 Available 109343-1001

Looks at the rise of electronic commerce in the construction industry. A survey on the use of e-commerce for business transactions was conducted by the UK Construction Industry Computing Association and Construction Products Association in March 2000. Although the survey found that current use of e-commerce only accounts for 5% of all transactions, this figure is expected to increase to 50% within the next 5 years. Key advantages of e-commerce are perceived to be faster transaction time and reduced costs, while concern has been expressed about initial set-up costs and the risk of no personal contact. Finally, contractors' portals are examined as a means for existing e-commerce companies carry out transactions with new companies.