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There's No Business Like E-Business for GE.


Although it does not intend to join the e-commerce consortium of other resin resin, any of a class of amorphous solids or semisolids. Resins are found in nature and are chiefly of vegetable origin. They are typically light yellow to dark brown in color; tasteless; odorless or faintly aromatic; translucent or transparent; brittle, fracturing  makers (see above), GE Plastics, Pittsfield, Mass., is plunging headlong head·long  
adv.
1. With the head leading; headfirst: The runner slid headlong into third base.

2. In an impetuous manner; rashly.

3. At breakneck speed or with uncontrolled force.
 into e-business on its own. "We are moving all our business processes to the Web as fast as possible," says Nanni Becalli, v.p. and general manager for GE Plastics Americas.

A recent step in that direction was combining the commercial organizations of its Polymerland distribution business and GE Plastics prime-resins business into one sales arm called GE Polymerland, based in Huntersville, N.C. It conducts on-line resin transactions at www.gepolyrnerland.com. These sales have mushroomed from an annualized annualized

Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared.
 rate of $10 million at the start of 1999 to over $500 million today. The goal is to reach $1 billion by the end of this year, when 50% of GE's sales in the Americas are expected to be on-line. But GE won't be satisfied until 100% of its sales are on-line, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Becalli.
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Comment:There's No Business Like E-Business for GE.
Publication:Plastics Technology
Article Type:Brief Article
Geographic Code:1USA
Date:May 1, 2000
Words:158
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