AIM/CMB Marketing Selects EC-HUB, Inc. For e-Marketplace Initiative.Business Editors/High Tech Writers WILLIAMSBURG, Va.--(BUSINESS WIRE)--March 20, 2001 Automotive Aftermarket Aftermarket See: Secondary market. aftermarket See secondary market. Buying Group Will Use EC-HUB's TransactionHUB(TM) To Improve Business Processes For Its Members And Suppliers EC-HUB, Inc., the leading application service provider to buying groups, today announced that AIM/CMB Marketing has selected EC-HUB's TransactionHUB(TM) to be the core of its e-marketplace services for the 1,400 members and 200 suppliers of this $1.5 billion buying group. TransactionHUB(TM) will enable the AIM/CMB trading community to process orders, invoices and other documents with greater accuracy and speed for less cost than presently possible. "We are absolutely committed to delivering the productivity and cost saving benefits of Internet technology to our members," said Harold Cameron, AIM/CMB President. "We selected EC-HUB as our technology partner because of their in-depth understanding of buying groups, their comprehensive supply chain application suite, and their willingness to design a business relationship that fits our operating model Operating Model is a term that is used in many contexts. In essence an operating model describes how an organization operates across both business and technology domains. The Operating Model describes what is important for the organization. ." "This relationship with AIM/CMB and its extensive trading network represents a significant stride into the automotive aftermarket for us," said David Blackburn, EC-HUB's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "It also demonstrates our unique partnering approach, where we create win-win relationships for all players in a vertical market - manufacturer/supplier, wholesaler, distributor, retailer, consumer and EC-HUB, their technology partner." EC-HUB's TransactionHUB(TM) will serve as a versatile technology platform from which AIM/CMB will be able to launch a wide array of EC-HUB's e-commerce applications, such as PaymentHUB, ShippingHUB, RebateHUB, PromotionHUB and others. About EC-HUB, Inc. EC-HUB is the leading provider of web-based supply chain management applications to Buying Groups and their trading partners. The Company's solutions strengthen trading relationships and competitiveness, enhance information flow and provide significant efficiencies by integrating and automating procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. , fulfillment and logistics activities of numerous, independent companies through a secure, central trading hub. The Company's solutions have been deployed in the automotive, building materials Building materials used in the construction industry to create . These categories of materials and products are used by and construction project managers to specify the materials and methods used for . , consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and , floor covering, food and pharmacy industries. EC-HUB is headquartered in Williamsburg, VA and can be reached at 757/253-8900 or www.echub.com . About AIM/CMB Based in Lakeland, FL, the AIM-CMB Marketing organization is comprised of several integrated groups (CMB Noun 1. CMB - (cosmology) the cooled remnant of the hot big bang that fills the entire universe and can be observed today with an average temperature of about 2. Marketing/AIM/DWC/Cygnus/Auto Extra/SDI/Undercar America/Import Parts Marketing) representing over 1,400 independent automotive parts distributors and 200 partner suppliers throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada. For more information please visit our website at www.aim-cmbmarketing.com . |
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