GroupTrade aims to take smaller players online
2 April 2012
Future users of online trading exchanges will be looking for hubs with a solid financial footing that prove they help with supply chain efficiencies, according to the new boss of marketplace GroupTrade.
Brinert Badal-Varda, recently appointed as chief executive of the start-up company, told SM: “The Internet is now not new and is really only a facilitator.”
For an exchange to be successful it had to show efficiencies and win market share, said Badal-Varda, who moved last month from Samsung Electronics UK, where he was in charge of its supply chain.
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