ChanneLinx To Supply Marathon Oil Company With WebDI Data Translation Service.Business Editors/High-Tech Writers GREENVILLE, S.C.--(BUSINESS WIRE)--Dec. 11, 2002 ChanneLinx, a leading provider of web-based software for streamlining business processes, announced today that it will supply Marathon Oil Marathon Oil Corporation NYSE: MRO, based in Houston, Texas, is a worldwide oil and natural gas exploration and production company. Principal exploration activities are in the United States, Norway, Equatorial Guinea, Angola and Canada. Company with invoice and service receipt data translation services between Marathon and its customers and suppliers. Marathon will employ ChanneLinx's WebDI product, which it has used with a limited number of suppliers for several years. WebDI is a web-based service that allows trading partners to exchange business documents and data electronically - regardless of their back-office systems. WebDI takes information from one trading partner, translates it to the second trading partner's desired format, and delivers that information as needed as needed prn. See prn order. . Even non-automated companies can quickly and affordably achieve EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. compliance with WebDI. In Marathon's case, WebDI will bypass sending information through a traditional EDI VAN, thereby minimizing the associated costs. During the first phase of the project, approximately 50 suppliers will electronically send both service and materials invoices, service receipts, air freight air freight n → flete m por avión air freight n → fret aérien air freight air n → Luftfracht f invoices, and motor carrier freight invoices to Marathon. During later stages of the project, several hundred additional suppliers will be added to the WebDI network, and Marathon will also explore sending electronic purchase orders to its customers and receiving acknowledgments in return. WebDI will prevalidate data received from suppliers before delivering it directly to Marathon's SAP system. When data that does not meet Marathon's predefined criteria is received, WebDI will send an acknowledgment acknowledgment, in law, formal declaration or admission by a person who executed an instrument (e.g., a will or a deed) that the instrument is his. The acknowledgment is made before a court, a notary public, or any other authorized person. explaining the error to the supplier so that the supplier can resubmit Verb 1. resubmit - submit (information) again to a program or automatic system feed back return, render - give back; "render money" the transaction. WebDI's prevalidation features should reduce Marathon's EDI error rate to only one or two percent. The project will be backed by ChanneLinx's Platinum Support package, targeted for clients looking to outsource their EDI/electronic commerce activities. The service provides dedicated support analysts to monitor and track data flow and address any supplier or customer questions or issues that arise. About ChanneLinx ChanneLinx, Inc., specializes in intelligent Internet-based software that connects suppliers and customers to streamline business processes. ChanneLinx's suite of products and services allows companies to create private procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. marketplaces, sell products over the web (via independent websites or through existing e-markets), and develop online exchanges for buying groups, associations, and other organizations. Numerous Fortune 500 companies in the oil and gas, retail distribution, electronics manufacturing This article presents a typical manufacturing process of an electronic assembly. Component manufacturing Components such as resistors, capacitors and integrated circuits are generally made by specialized contractors. , telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. , and construction industries use ChanneLinx technology. ChanneLinx is headquartered in Greenville, SC, with an additional office in Houston, TX. For more information about ChanneLinx: Leigh Holliday, Director of Marketing, 864.527.3517, leigh.holliday@channelinx.com, www.ChanneLinx.com ChanneLinx and WebDI are trademarks of ChanneLinx, Inc. All other names are trademarks and/or registered trademarks of their respective owners. |
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