Aventis Pharmaceutical Selects Atlas Commerce to Enable Supply Chain Collaboration.Business/Technology Editors PARIS Paris, in Greek mythology Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt. & LONDON--(BUSINESS WIRE)--March 20, 2001 Atlas Commerce, a leading provider of Internet business applications, today announced that Aventis Pharma, the prescription drugs business of Aventis S.A, (NYSE NYSE See: New York Stock Exchange : AVE), has selected Atlas Metaprise Software(TM) to pilot a private supplier network - also known as a private eHub. The pilot aims to demonstrate enhanced communications between a selected group of the company's production centers and its suppliers. [pilcrow (paragraph sign)] The initial implementation phase of the pilot project will go live in April. Aventis Pharma expects to improve supply and demand management by providing more accurate and up-to-date forecast information to its suppliers. "We are extremely pleased to be working with Aventis Pharma, one of the leading global pharmaceutical companies, on this eBusiness initiative" said Francois Chretien Managing Director of Europe for Atlas Commerce, "We have a proven expertise in offering systems which improve collaboration with suppliers and lead to more accurate forecasts and lower transaction costs Transaction Costs Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price they can sell it). . Therefore we are convinced, that we will meet Aventis' high expectations in offering a robust and innovative system that allows them to work more closely and more effectively with their suppliers." Atlas Metaprise Software is a Web-based application See Web application. that enables global organizations to work more efficiently with their network of suppliers and distributors by implementing shared, externalized business processes. By addressing the three key areas of strategic sourcing, supply and demand management, and global commerce management, the Atlas solution facilitates consistent communication among business partners, improves the coordination of resources across supply and demand chains, and allows companies to significantly reduce the cost of goods while ensuring consistent supply availability. "It is one of the main objectives of our Aventis Pharma business strategy to use information technology-enabled processes as a source of competitive advantage and to utilize e-technology as a tool to improve our relationships with our partners in the marketplace," said Jean-Francois Chaumont, Senior Vice-President Industrial Operations Supply Chain - Aventis Pharma. "The pilot project with Atlas Commerce is - among other projects - one step in that direction. We want to evaluate options for developing a robust system that allows us to enhance our supply and demand management through collaborative planning with our suppliers. The expected result is an improvement in inventory management and inventory replenishment that would make our supply chain more effective and cost efficient." About Aventis Pharma Aventis (NYSE: AVE), a world leader in pharmaceuticals and agriculture, is dedicated to improving life through the discovery and development of innovative products in the fields of prescription drugs, vaccines, therapeutic proteins, crop production and protection, animal health and nutrition. Aventis announced in November 2000 that it intends to focus on pharmaceuticals and plans to divest its activities in agriculture. With its global corporate headquarters in Strasbourg, France, Aventis employs around 95,000 people in more than 120 countries and recorded pro forma As a matter of form or for the sake of form. Used to describe accounting, financial, and other statements or conclusions based upon assumed or anticipated facts. The phrase pro forma sales in 1999 of 20.5 billion euros. Aventis was launched in December 1999 through the merger of Hoechst AG Hoechst AG was a German life-sciences company that became Aventis after its merger with Rhône-Poulenc S.A. in 1999. It has been called "The pharmacy of the world" due to its important role in the world's drug market. of Germany and Rhone-Poulenc SA of France. For more information: www.aventis.com Aventis Pharma AG is the pharmaceutical company of Aventis. Aventis Pharma is dedicated to treating and preventing human disease through the discovery, development, manufacture and sale of innovative pharmaceutical products aimed at satisfying unmet medical needs. Aventis Pharma focuses on important therapeutic areas such as cardiology, oncology, infectious diseases infectious diseases: see communicable diseases. , arthritis, allergies and respiratory disorders, diabetes and the central nervous system disorders Nervous system disorders A satisfactory classification of diseases of the nervous system should include not only the type of reaction (congenital malformation, infection, trauma, neoplasm, vascular diseases, and degenerative, metabolic, toxic, or deficiency . Aventis Pharma has its corporate headquarters in Frankfurt, Germany. Aventis Pharma encompasses Aventis Pasteur, a world leader in vaccines based in Lyon, France, and Aventis Behring, a world leader in therapeutic proteins headquartered in King of Prussia, Pennsylvania For Kings of Prussia, see List of rulers of Prussia King of Prussia is an unincorporated community in Upper Merion Township, Montgomery County, Pennsylvania, United States. As of the 2000 census, its population was 18,511. , USA. About Atlas Commerce Atlas Commerce delivers Internet business applications for private eHubs. Atlas enables global organizations to turn their existing business partnerships into competitive advantage by automating strategic sourcing processes, improving management of supply and demand, and integrating commerce transactions across their entire value chain. The company demonstrates its expertise with support for strategic sourcing of direct materials; global commerce transactions; multi-tier supplier relationships; collaborative planning, forecasting, and replenishment Collaborative Planning, Forecasting, and Replenishment (CPFR) is a concept that aims to enhance supply chain integration by supporting and assisting joint practices. CPFR seeks cooperative management of inventory through joint visibility and replenishment of products throughout the ; and XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. integration with legacy applications and trading exchanges. Atlas offers proven value, helping its customers achieve increased revenue, lower cost of goods sold Cost of goods sold The total cost of buying raw materials, and paying for all the factors that go into producing finished goods. cost of goods sold , improved margins, and faster response times. Founded in January 1998, Atlas Commerce is headquartered in Malvern, PA, with offices worldwide. For additional information, please 44-870.870.8200, or visit the web at http://www.atlascommerce.com Atlas Commerce is a Safeguard Scientifics (NYSE:SFE See Sydney Futures Exchange. ) partner company. Statements in this news release other than historical information are forward-looking statements subject to risks and uncertainties. Actual results could differ materially depending on factors such as the availability of resources, the timing and effects of regulatory actions, the strength of competition, the outcome of litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. and the effectiveness of patent protection. Additional information regarding risks and uncertainties is set forth in the current Annual Report on Form 20-F of Aventis on file with the Securities and Exchange Commission. |
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