Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: fmv503 who wrote (30554)	11/19/1999 12:25:00 PM
From: PammyLee	Read Replies (1) of 108040

SQST . Read This: Very Impressive arena: "The market for scientific and lab supplies & products is huge. For 1998, it was estimated to be $11.8 billion in the US and $36.4 billion worldwide. Despite the size of the market, the supply chain is generally regarded as highly inefficient. SciQuest is attempting to remedy this inefficiency. It is creating an Internet "market" where buyers and sellers can obtain more efficient pricing. It has assembled an online data base of 550,000 products offered by 8,000 suppliers. Now, their strategy is not to be a distributor, but to benefit as a "broker", bringing the buyers and sellers together. "

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