Agribuys.com, the Smart Food Partnership, Celebrates First Sales On Its Web Site.TORRANCE, Calif.--(BUSINESS WIRE)--Nov. 23, 1999-- Less Than a Month After Launching Its Web Site (www.agribuys.com) and Pilot Program, Agribuys is Handling Live Transactions Online Agribuys.com, the e-commerce service company that connects food buyers and sellers online, is now handling multiple transactions on its Web site (www.agribuys.com) daily. Business began briskly for Agribuys.com on Wednesday, Nov. 17, when it successfully orchestrated or·ches·trate tr.v. or·ches·trat·ed, or·ches·trat·ing, or·ches·trates 1. To compose or arrange (music) for performance by an orchestra. 2. 10 transactions online between food buyers and sellers in different regions of 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. . These early transactions involved shipments of grapes Grapes - A Modula-like system description language. E-mail: <peter@cadlab.cadlab.de>. ["GRAPES Language Description. Syntax, Semantics and Grammar of GRAPES-86", Siemens Nixdorf Inform, Berlin 1991, ISBN 3-8009-4112-0]. , lettuce lettuce, annual garden plant (Lactuca sativa and varieties) of the family Asteraceae (aster family), probably native to the East Indies or Asia Minor, possibly as a derivative of the widespread weed called wild lettuce (L. scariola). L. , potatoes, celery celery, biennial plant (Apium graveolens) of the family Umbelliferae (parsley family), of wide distribution in the wild state throughout the north temperate Old World and much cultivated also in America. and apples. Buyers completed the Request for Quotes (RFQ RFQ Request For Quote RFQ Request For Quotation RFQ Request for Qualifications (part of a potential client's preliminary selection process) RFQ Radio Frequency Quadrupole (accelerator technology) ) form in approximately one minute. Suppliers were notified automatically and responded with quotes in less than five minutes. The Agribuys.com system generated up to five quotes per product. Transactions completed in one commodity alone exceeded $25,000. "We are extremely pleased with the performance of our system," said Agribuys.com Chief Executive Officer Marina Kotsianas. "We exceeded our customers' expectations during this pilot phase and that is the best possible recognition for our service." The Agribuys.com site currently handles produce, meat, poultry and seafood products. Its buyers include retailers, food-service managers and food manufacturers. Agribuys.com uses the fast flow of information afforded by the Internet to quickly locate suppliers who can fulfill orders placed by top buyers on its Web site. It also handles the shipping logistics for these perishable per·ish·a·ble adj. Subject to decay, spoilage, or destruction. n. Something, especially foodstuff, subject to decay or spoilage. Often used in the plural. products with custom-built tools. The Agribuys.com sales procedure is simple. A buyer posts an RFQ on the site that specifies both the type and quantity of product required. Then, growers who can fill the order respond with a quote. The buyer either accepts a quote, thus completing the transaction, or decides to reject them all and submit a second RFQ for consideration. There are no membership fees for either buyers or suppliers using the Web site. Agribuys.com charges only a small transaction fee for each completed sale, and the company is waiving these transaction fees from now until the New Year to give food buyers and sellers the opportunity to experience the benefits of trading online firsthand first·hand adj. Received from the original source: firsthand information. first at no charge. To take advantage of this terrific, limited-time offer, check out the company's Web site at www.agribuys.com or send an e-mail to Kotsianas at marina@agribuys.com. Based in Torrance, Agribuys.com is the smart food partnership for today's buyers and sellers. |
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