THE BOSS ­ Joe Laughlin THE BASE ­ San Francisco THE FOCUS ­ Downstream KEY MEMBERS ­ Sainsbury, Carrefour, Metro, Kroger CASHFLOW ­ If we didn't earn a dollar more in revenue than we earned last year we could run our business for five-plus years off excess cash' PROGRESS ­ We don't want to be the all singing, all dancing exchange. We want to do a few things and do them well. And that's exactly what we're doing. We are the lowest cost producer of the exchanges by a factor of two or three THE TOOLS ­ Marketplace: Buyer and seller auctions, contract and spot purchases. More than $3bn of traffic to date Cpfr: Six members using tool so far. Aims to set up 30 collaborations this year Cpd: Online collaborative new product development tool. Sainsbury is committed to put all own label new product development through the tool by end of 2003 Perishable Goods Exchange (US only): One-stop shop for perishables sourcing, ordering and payment. Kroger has made a substantial commitment. {{FEATURES }}