Under the threat of e-commerce, Taiwan companies turn to private negotiation to purchase corn
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Last Update: 2001-08-07
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Source: Internet
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Author: User
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Introduction: Taiwan's corn importers have begun to abandon the open and transparent way of bidding, and are gradually turning to the way of private negotiations to purchase corn Reuters reporters are from local sources in Taiwan Importers attribute this change to the fierce market competition in Taiwan's feed market In recent years, B2B e-commerce in Taiwan has developed rapidly Through e-commerce, customers can get feed products lower than the market price Great Wall enterprise, Taiwan's largest importer of corn, set up an e-commerce website earlier this year, hoping to sell feed products directly to end users online Great Wall enterprises import 12% of the total import of the island every year The cost of middlemen can be eliminated through online sales In response, two members of Taiwan's two large corn import groups, feed industry group (mfig) and feed group leader (mlfg), said they would obtain prices different from those of great wall enterprises through private transactions to ensure corn supply The transition to private negotiation can effectively eliminate the middle process of corn purchasing group As the website plans to provide other feed ingredient products in the near future, it may also pose a threat to other feed companies.
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