B2Emarkets Partners with Vastera to offer Comprehensive e-Sourcing Solutions to Procurement Professionals.Business Editors/Hi-Tech Writers DULLES, Va. and ROCKVILLE, Md.--(BUSINESS WIRE)--May 19, 2000 B2Emarkets to Utilize Vastera's Landed Cost Calculator for Duties, Taxes and Fees Vastera, a leading provider of web-based solutions for global trade management, today announced that B2Emarkets will utilize their Landed Cost Calculator within B2Emarkets' eSourcing solutions allowing procurement professionals of Global 2000 companies to accurately assess and negotiate the true total cost of international shipments. B2Emarkets offers complete eSourcing management solutions, including tools to help procurement professionals better assess and manage their purchases, suppliers and negotiation processes. The B2Emarkets Strategic eSourcing Management(TM) (SeSM(TM)) enables businesses to identify the best suppliers to fulfill their needs, define and implement purchasing strategies and negotiate contracts, awarding them based on total cost of ownership and overall corporate benefit. With the addition of Vastera's Landed Cost Calculator, B2Emarkets has created a reliable and comprehensive method for buyers to more accurately assess the true cost of sourcing goods. "Our partnership with Vastera will strengthen our SeSM solution in the global sourcing marketplace," said Co-Founder and Vice President of Marketing Richard Waugh Richard Waugh is one of the more recent voice actors for Albert Wesker in the video games , Resident Evil 0 and Resident Evil 4. He has lent his voice throughout Capcom's Resident Evil, for which he has been thanked and acknowledged. . "By incorporating Vastera's Landed Cost Calculator into our existing solution, we will be able to provide better purchasing decision support, ensuring that our customers can evaluate supplier bids more effectively, truly considering the total cost of procurement in their negotiations for international shipments." "Procurement managers are constantly looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. creative ways to reduce sourcing costs," said Mark Ferrer, COO of Vastera. "By complementing B2Emarkets eSourcing solutions with accurate, up-to-date total landed cost information, procurement managers can now make even more informed decisions, such as considering the impact of preferential programs like NAFTA NAFTA in full North American Free Trade Agreement Trade pact signed by Canada, the U.S., and Mexico in 1992, which took effect in 1994. Inspired by the success of the European Community in reducing trade barriers among its members, NAFTA created the world's on the cost of goods, for example." Vastera's Landed Cost Calculator is scalable by design and can be utilized by various end-user platforms including single transaction usage through Vastera's Web site or as an integrated sub-component in Vastera's Web-based global trade management solution. About B2Emarkets B2Emarkets has developed the first end-to-end, Web-enabled strategic eSourcing application that allows buyers to achieve the best dynamic value pricing For the strategic management concept, see . In public roads and transport, value pricing or road pricing is the practice of raising funds by charging users directly rather than via taxation. . Their proven methodology, coupled with the latest in Internet-based technology Refers to the communications infrastructure of the Internet, which is based on the IP protocol. IP is part of the TCP/IP protocol suite. It may also refer to voice over IP (VoIP), which uses the Internet to make telephone calls. See VoIP, IP and TCP/IP. , has attracted $13.5 million in their first round of venture capital. Incorporated in 1999, B2Emarkets, Inc. is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. headquartered in Rockville, MD. For more information, visit the company's web site at www.b2emarkets.com. About Vastera Vastera's mission is to drive revenue, maximize profitability and establish competitive advantage for our clients by delivering e-business solutions for global trade. Established in 1992, Vastera has received numerous industry awards recognizing its exponential growth Extremely fast growth. On a chart, the line curves up rather than being straight. Contrast with linear. including, Computerworld Magazine's list of "100 Emerging Companies to Watch in 2000, eCommerce category", the Deloitte & Touche "Fast 500", and the INC. 500. Vastera provides global trade & regulatory content, 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 solutions, management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects and solution services to clients worldwide including Dell, Microsoft, Sun, New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. Dairy Board, Lucent, United States Postal Service, CatalogCity.com, RightFreight.com, Herman Miller and Motorola. For more information, please visit www.vastera.com. |
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