Auto Industry Stalled On E-Business

Compiled By Deborah Austin The automotive industry lags far behind others in e-business progress -- hampered by cultural, technological, and security issues -- says a recent global business-to-business e-commerce study by professional services firm KPMG. Lack of trust between suppliers and original equipment manufacturers (OEMs) and concerns about technology costs and e-business security are holding back progress. Also, many players are simply "waiting to see what the other guy does." Automotive chief executives must follow two tracks to achieve e-business success, says Brian Ambrose, national industry leader of KPMG's automotive practice: adopt an e-business vision that encompasses the entire value chain, and force change in their own organizations by instilling an e-business challenge that touches every employee. KMPG International is headquartered in Amsterdam, the Netherlands.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish