Global ecommerce will be worth $6.8 trillion by 2004, according to a new report from Forrester Research. The industry is already worth $57 billion today. The growth in online business will cause traditional manufacturing supply chains to disappear, replaced with networks of companies conducting business in real time via the internet, says Forrester. Current inefficiencies in the supply chains will have to be removed the report warns. The research also claims that Net applications will allow all communications and trades to be tracked.
