@TheMoment and Consolidated Commerce Team to Provide Dynamic Supply Chain Optimization to Digital Marketplaces.Business Editors/High-Tech Writers SAN MATEO San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Calif. & CHICAGO--(BUSINESS WIRE)--Sept. 5, 2000 Comprehensive Buy/Sell Marketplace Platform to Feature Real-Time Trading of Goods and Services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. to Deliver Market Liquidity, Efficiency, and Optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. @TheMoment, Inc., the premier enabler of dynamic commerce, and Consolidated Commerce, Inc., the leading provider of B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business supply chain optimization Supply Chain Optimization is the application of processes and tools to ensure the optimal operation of a manufacturing and distribution supply chain. This includes the optimal placement of inventory within the supply chain, minimizing operating costs (including manufacturing costs, software solutions, today entered into an alliance to jointly deliver their digital marketplace solutions to networked trading communities. @TheMoment and Consolidated Commerce will integrate their technologies, enabling B2B digital marketplaces to enhance their dynamic, many-to-many trading environments with auction and live bid/ask trading, transaction management and supply chain optimization capabilities. Through its advanced dynamic commerce solution, @TheMoment allows digital marketplaces to feature auction, live bid/ask and negotiated exchange capabilities, enabling marketplace participants to buy and sell dynamically priced goods and services. Consolidated Commerce provides a collaborative transaction management system, enabling true revenue and supply chain optimization for networked trading communities. By integrating the @TheMoment solution with Consolidated Commerce's eMarketplace Suite, the companies will enable digital marketplaces to offer enhanced benefits for buyers and suppliers with increased transaction options as well as logistics and fulfillment ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. efficiency. In addition, @TheMoment's dynamic pricing functionality allows digital marketplaces to incorporate real-time price discovery applications as well as inventory management and demand generation tools which provide customers with better control over profitability. Once a marketplace transaction is complete, Consolidated Commerce ensures efficient logistics, fulfillment and invoicing in·voice n. 1. A detailed list of goods shipped or services rendered, with an account of all costs; an itemized bill. 2. The goods or services itemized in an invoice. tr.v. . "Consolidated Commerce's eMarketplace Suite(TM) coupled with the @TheMoment Dynamic Trading Suite will offer digital marketplaces comprehensive supply chain optimization and increased revenues, while providing marketplace buyers and sellers with multiple real-time trading alternatives," said Scott Torbik, senior vice president of marketing and business development for Consolidated Commerce. "Dynamic commerce means new revenue opportunities for today and tomorrow's Net market makers," said Itzik Goldberger, vice president of marketing and business development, @TheMoment, Inc. "By integrating our dynamic commerce solution with Consolidated Commerce's e-Marketplace platform, Net market makers have the tools to deploy digital marketplaces optimized for liquidity and profitability over the long run." The combined functionality enables collaborative real-time trading of goods and services between marketplace participants, while delivering liquidity and efficiency to B2B digital markets. In addition, whether purchased through auctions, catalogs or a live bid/ask marketplace, final order information will automatically route to the appropriate supplier, just like a direct order. About Consolidated Commerce Consolidated Commerce, Inc. (www.consolidatedcommerce.com) provides B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. solutions for the digital economy. CC's eMarketplace Suite(TM) is the B2B platform for collaborative transaction management and supply chain optimization. It creates value and brings scale and efficiency to the procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. , fulfillment, logistics and payment processes of its customers through a set of preconfigured Set up ahead of time. It implies that the device or software application has been modified to suit the customer or situation. See ghosting server. business objects. CC's highly advanced web-based architecture is platform independent, provides unlimited scalability, and allows for the dynamic and rapid deployment of new functionality to meet its customers' needs. About @TheMoment, Inc. @TheMoment, Inc. is the premier enabler of dynamic commerce. @TheMoment's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. -- the @TheMoment Dynamic Trading Suite -- enables Net market makers to utilize a variety of dynamic pricing models including auctions, negotiated exchanges, and "live" bid/ask (Nasdaq-style) trading. The comprehensive offering is delivered via a hosted model allowing Net marketplaces to speed their time to market, reduce costs and focus on domain expertise. Headquartered in San Mateo, Calif., @TheMoment is funded by VantagePoint Venture Partners, Reuters Greenhouse Fund, TIBCO Software Tibco Software Inc. is a software company, with headquarters in Palo Alto, California. Tibco sells business process management and business integration software. History Vivek Ranadive founded the company as Teknekron Software Systems (TSS) in 1985. , Tarrant Venture Partners, Comdisco Ventures, and other strategic investors. Additional company information is available at www.themoment.com. Note to Editors: @TheMoment and the @TheMoment logo are trademarks of @TheMoment, Inc. Other trademarks are registered trademarks and the properties of their respective owners. |
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