AsiaEC.com Launches China's First Online Business Procurement Site.BEIJING--(BUSINESS WIRE)--Dec. 17, 1999-- AsiaEC.com, a leading business-to-business e-commerce service provider An organization that provides any combination of consulting, software and computer systems for e-commerce Web sites. in China, announced today that it has launched China's first online business procurement site -- www.asiaec.com. The bilingual (Chinese and English) Web site offers online procurement of operating resources, including office supplies Office supplies is the generic term that refers to all supplies regularly used in offices by businesses and other organizations, from private citizens to governments, who works with the collection, refinement, and output of information (colloquially referred to as "paper work"). , office equipment, office furniture, business gifts, business books and software, and business printing. "The current inefficient and costly purchasing process Purchasing Purchasing is the formal process of buying goods and services. The Purchasing Process can vary from one organization to another but there are some key elements that are common throughout The process usually starts with a 'Demand' or requirements of operating resources provides a huge opportunity for cost savings and operating efficiency improvement on corporate procurement. By creating an online one-stop shop One-Stop Shop A company or a location that offers a multitude of services to a client or a customer. The idea is to provide convenient and efficient service and also to create the opportunity for the company to sell more products to clients and customers. for business purchasing, we're dedicated to improving business customers' purchasing efficiency and reducing their procurement costs," said Dr. Tim Liu, Chairman & 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. of AsiaEC.com. AsiaEC.com "primarily targets large multinational corporations
At present, AsiaEC.com serves business customers only in Beijing. "But we'll soon expand our business coverage to Shanghai, Guangzhou, Shenzhen and other major cities in China China is a geographical area encompassing multiple territories, under two states. You may be looking for:
According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Jiadong Qu, Executive VP of Sales and Marketing, AsiaEC.com's online catalog hosts over 10,000 office products from more than 150 suppliers. "In addition to the competitive prices of our products, we also offer free delivery within 5 hours to customers in the Beijing urban area," added Mr. Qu. Among the site's primary features are: configurable business rules and workflow capabilities to tailor to different purchasing processes, custom company cabinet to contain a company's preferred products, quick-order function for fast refilling of frequently purchased items, sophisticated order management and order tracking, and powerful reporting to help control spending and monitor budgets. About AsiaEC.com AsiaEC.com is a venture capital-backed startup that provides online procurement of operating resources, including office supplies, office equipment, office furniture, business gifts, business books and software, and business printing. Founded and managed by four MBAs from MIT Sloan School of Management The MIT Sloan School of Management is one of the five schools of the Massachusetts Institute of Technology, located in Cambridge, Massachusetts, USA. It is one of the world's leading business schools, conducting research and teaching in finance, entrepreneurship, marketing, with extensive management experience in business development, sales and marketing, finance and technology, the company is pursuing an aggressive mission to become a dominant business-to-business e-commerce player in China and Asia as well. AsiaEC.com is headquartered in Beijing and has branch offices in Shanghai, Guangzhou and Hong Kong. |
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