The marketplace is called eHITEX, an independent exchange built
to serve the needs of the high tech supply chain community. It aims
to improve supply chain efficiency and procurement among its
founding members, their buyers and suppliers. Its founding members
include AMD, Canon, Compaq, Hitachi, Hewlett-Packard and NEC. The
collective annual procurement spending of the eHITEX partners
exceeds $300 billion.
eHITEX is using Commerce One Auction Services to run auctions on
demand, enabling members to obtain and sell critical components and
finished goods. It is estimated that by December 2000, members will
be conducting 500 or more auctions per month with more than 350
bidders that have already joined the eHITEX auction program.
