Industrial park concept goes virtual

New Zealand companies seeking supplies from Malaysia may one day be able to use an IBM-backed 'virtual industrial park'.

New Zealand companies seeking supplies from Malaysia may one day be able to use an IBM-backed “virtual industrial park”.

IBM says it is partnering with another organisation to create the electronic marketplace. But the company wouldn't disclose the organisation and IBM Malaysia general manager Voon Seng Chuan was also unable to give a start date.

Such a venture would see buyers submitting an electronic request for quotes for a finished product to companies in a particular industry.

“It will be serving multinational manufacturers in Malaysia to more effectively source local supplies,” Chuan told IBM’s Insight E-business gathering in Kuala Lumpur last week.

“An industry website matches up the request with a variety of vendors who can provide different parts of the solution. A virtual consortium is then created from the best responses and a complete proposal is created electronically to answer the original request,” Chuan says.

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