Business Credit

The Internet was a great big steel trap for a lot of companies–it sucked in resources, people and money and offered only vague pie-in-the-sky promises in return. Today’s technology users have learned from the mistakes of the first wave and have begun to use the new technologies to streamline operations, cut costs and increase revenues.

Two years ago, International Playthings Inc. was doing business the old fashioned way–faxes, letters of credit, and a great deal of sitting around and waiting for various documents. There weren’t a lot of examples yet of companies that successfully moved their supply chain to the Internet. “It rook a Jot of faith to change the