BCG warns of dangers in lull in e-commerce initiatives

With dotcoms making a hasty retreat and the technology market sinking, Asian companies are putting e-commerce plans on hold. The Boston Consulting Group warns that this will polarize those that have committed and those that have not.

Asian companies are at risk of losing their fundamental competitive advantage - cost - because they are lagging behind in the introduction of e-commerce. Companies most at risk are those with trade flows outside of Asia, concludes a Boston Consulting Group BCG report, Arming for e-combat in Asia Pacific

BCG estimates that the saving potentially generated by the implementation of business-to-business B2B in its fullest form should be 6% by 2010. Therefore, if Asia continues to lag behind in the adoption of e-commerce, those cost benefits gained by the West could seriously challenge Asia's cost advantage in certain industries and all but eliminate it...

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