Le Marché Électronique Intelligent des Copeaux de Bois
This document presents the draft of an intelligent electronic market, adapted to the Quebec wood chip industry. Its purpose is to explain how such a market works and to show how it fits into or changes the current trading system.
The proposed smart electronic marketplace has two main objectives. The first objective is to improve the efficiency of the wood chip market. The electronic market is a privileged means of improving market flexibility and thus stopping the accumulation of unsold stocks. Such a mechanism maximizes the industry's overall profits by ensuring that each company can identify all the business opportunities within its reach and exploit the additional profits associated with them. The second major objective is continuity in business practices. Long-term contracts between sawmills and paper mills are an important market reality and will be an integral part of the smart electronics market.