BusinessThreads Enables Net Market Maker to Capture First Mover Advantage Through Rapid Launch of CeramicSources.com.Business/Feature Editors & High-Tech Writers NOTE: A Photo and Logo relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc this story will be available to journalists to download today at www.newstream.com AUSTIN, Texas--(BUSINESS WIRE)--Aug. 2, 2000 Based on the BusinessThreads(tm) e-Business Agility Platform, Procurement Ease Delivers Integrated 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) and Auction Services Into the $200 Billion Dollar Ceramics Industry BusinessThreads Inc., the leading e-Business Agility Platform provider, today announced that its products and patent-pending technology form the foundation of the ceramic industry's first e-marketplace, CeramicSources.com. Using RFQThreads, a BusinessThreads QuickStart application, Procurement Ease and systems integrator Adjoined Technologies implemented advanced transacting capabilities that now allow buyers to more efficiently and cost-effectively source and procure advanced ceramics, glass, whiteware, refractory, structural clay, abrasive, stoneware stoneware, hard pottery made from siliceous paste, fired at high temperature to vitrify (make glassy) the body. Stoneware is heavier and more opaque than porcelain and differs from terra-cotta in being nonporous and nonabsorbent. and porcelain products. "One characteristic of the ceramics industry is that a large percentage of product is procured on a make-to-order basis," said Adjoined Technologies' Mark Loth. "The procurement process is very collaborative and the out-of-the-box RFQ functionality offered by RFQThreads was able to meet the collaborative commerce requirements." Unlike B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. software vendors whose primary focus has been on enabling catalog, storefront and auction-style transacting, BusinessThreads has initially focused on providing e-Marketplace builders with a Web-based implementation of the RFQ-style transacting model -- the model preferred and used by most businesses for strategic and spot purchasing of direct materials and capital equipment. And while competing software vendors offer their e-commerce solutions in the form of rigid software applications, BusinessThreads delivers its patent-pending solution in the form of an extremely agile, component-based platform designed to support continuously changing business models and user preferences. "We chose BusinessThreads as our core platform for three reasons," said David Tsay, Procurement Ease president and 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. . "The first is BusinessThreads' unique ability to facilitate the RFQ process. The second is BusinessThreads' component-based architecture that enables rapid time-to-market. And the third is the fact that an e-Marketplace based on BusinessThreads can stay ahead of the competition by continuously evolving, thus adding value and 'stickiness' during all phases of the business cycle -- from design to delivery to reward to rating." Patrick Houghton, BusinessThreads president and CEO, commented, "CeramicSources.com is perfectly positioned to radically change the ceramics industry by aggregating buyers and suppliers in what is now an extremely fragmented and inefficient market Inefficient Market A theory which asserts that the market prices of common stocks and similar securities are not always accurately priced and tend to deviate from the true discounted value of their future cash flows. This theory opposes the efficient market hypothesis. ." About BusinessThreads Inc. (http://www.businessthreads.com) Founded in November 1998, BusinessThreads is poised to seize a dominant position in the 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 (business-to-business) segment of a market that Forrester Research Forrester Research is an independent technology and market research company that provides its clients with advice about technology's impact on business and consumers. Corporate facts
About Procurement Ease Inc. (http://www.ProcurementEase.com) Procurement Ease Inc. is a developer of industry-specific business-to-business e-commerce sites for selected engineered material industries. The Web sites under development currently include ceramicsources.com -- ceramic and glass e-marketplace; alloysources.com -- fabricated metal and powder metallurgy powder metallurgy Fabrication of metal objects from a powder rather than casting from molten metal or forging at softening temperatures. In some cases the powder method is more economical, as in making metal parts such as gears for small machines, in which casting would e-marketplace; and plasticsources.com -- thermoplastic A polymer material that turns to liquid when heated and becomes solid when cooled. There are more than 40 types of thermoplastics, including acrylic, polypropylene, polycarbonate and polyethylene. e-marketplace. The company's Web sites will target all domestic and international manufacturers and users of industrial engineered materials as well as related raw materials, supplies, processing and testing equipment, and services. Buyers and suppliers of ceramic goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. can immediately register to become a member for free by completing a quick online registration process available at http://www.ceramicsources.com. Membership to CeramicSources.com allows user to access exchange services as well as news and editorial, discussion forum, supplier directory, material property database, currency and unit measurement converters, and other resource sections at no charge. About Adjoined Technologies Inc. (http://www.adjoined.com) Adjoined Technologies is a progressive consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a focused on building digital businesses in the Internet economy The Internet Economy refers to conducting business through markets whose infrastructure is based on the Internet and World-Wide Web. An Internet economy differs from a traditional economy in a number of ways, including: communication, market segmentation, distribution costs, and price. . Simply put, Adjoined's mission is to help our clients build digital business. The company's clients are emerging digital enterprises as well as existing companies looking to leverage the Internet as another channel to market, sell and fulfill products. Adjoined Technologies was founded by a group of experienced "Big 5" and other large firm consultants with the mission of enabling the financial realization of their clients' technology objectives. To date Adjoined is comprised of approximately 125 consultants ranging in experience and expertise with offices in Miami, Atlanta, Dallas, Mexico City Mexico City Spanish Ciudad de México City (pop., 2000: city, 8,605,239; 2003 metro. area est., 18,660,000), capital of Mexico. Located at an elevation of 7,350 ft (2,240 m), it is officially coterminous with the Federal District, which occupies 571 sq mi and Kingston, Jamaica. |
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