Online Paper Procurement — A Changing Landscape
BY CAROLINE MILLER
When it comes to buying paper online, change certainly seems to be in the wind these days. There is currently much activity in this space; companies are adding new features to their Websites, restructuring their business models, expanding their offerings and some are closing up shop for now.
And, don't look for the wind to die down any time soon. There are four new companies that are about to enter into the online paper procurement mix. Printing Impressions presents a look at all the new developments in online paper procurement.
PaperExchange has announced plans to expand beyond its original exchange model. While the company plans to continue to enhance and support its existing exchange, PaperExchange is introducing a range of new online ordering, contract and inventory management solutions.
StockMover is the first new tool to represent the company's evolution beyond the exchange model. StockMover manages suppliers' inventories that are not committed to a specific buyer. Customers benefit by stabilizing intra-company supply and demand imbalances, and identifying profitable methods to convert excess stock into prime product.
The new contact management tool, which will be introduced this year, provides components designed to create efficiencies by bringing buyers and sellers closer together. The contract management tool will benefit members who deal in long-term relationships and the on-going order processes that result.
While PaperExchange is expanding its scope, it is by no means backing way from its exchange model, according to CEO Kent Dolby who points to the latest upgrade of the company's pulp and paper e-marketplace. The version 3.7 upgrade includes multi-language trading floors, additional currencies, expanded paper grades and sizes, additional pricing mechanism support and improved browsing capabilities.
Paper2print is one of the newest online paper portals. It is an Internet-based, business-to-business e-commerce portal, reveals Paper2print President Terry Tevis.