Consolidated Commerce Provides Engine for New International Logistics Portal; CC eMarketplace Suite Optimizes Supply Chain For Shipping of Bulk Commodity Items.Business/Technology Editors CHICAGO--(BUSINESS WIRE)--Oct. 23, 2000 Consolidated Commerce, the leading provider of 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 supply chain operations software solutions, today announced it has been selected by Asia-based Renaissance Organization, Inc., an international shipping and trading company for cement cement, binding material used in construction and engineering, often called hydraulic cement, typically made by heating a mixture of limestone and clay until it almost fuses and then grinding it to a fine powder. and other commodities, to power a new B2B portal for the logistics industry. The portal, called Colondot.com, is scheduled to go live in Q4 2000, and will enable the order fulfillment Order fulfillment (in BE also: order fulfilment) is in the most general sense the complete process from point of sales inquiry to delivery of a product to the customer. Sometimes Order fulfillment and logistics delivery of commodity items such as cement and coal through multiple B2B exchanges. Under the terms of the agreement, Colondot.com will use Consolidated Commerce's eMarketplace Suite 2.1 as the eHUB platform for multiple exchanges within its portal. Consolidated Commerce's eMarketplace Suite will serve as the foundation for the Colondot.com marketplace to handle all orders and transactions. Consolidated Commerce's eHUB platform will also enable Colondot.com to seamlessly integrate with other service providers including partners in the insurance and financial industries. Consolidated Commerce and Colondot.com are also jointly developing a Logistics Intelligence Switch to provide optimized transportation. The Logistics Intelligence Switch is a logical extension of the supply chain operations process and will serve as a bridge between fulfillment ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. and transportation execution. In addition, Colondot.com will be able to use the Switch to predetermine pre·de·ter·mine v. pre·de·ter·mined, pre·de·ter·min·ing, pre·de·ter·mines v.tr. 1. To determine, decide, or establish in advance: which transportation carrier is best suited for each shipment. "Our CC eMarketplace Suite 2.1 makes it easier than ever for 3PLs and other companies to open their businesses up to new markets and customers," said Bryan Eckhoff, vice president of product development and delivery for Consolidated Commerce. "By implementing our software across the entire portal, Colondot.com will truly be an eHUB for the international logistics The negotiating, planning, and implementation of supporting logistic arrangements between nations, their forces, and agencies. It includes furnishing logistic support (major end items, materiel, and/or services) to, or receiving logistic support from, one or more friendly foreign industry." "Consolidated Commerce's flexible marketplace makes it easy for us to translate our expertise in logistics as a `ship' and mortar company onto the Web," said Nobu Morimoto, 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. and founder of Colondot.com. "We selected CC's eMarketplace Suite as the platform for our portal because of Consolidated Commerce's extensive supply chain expertise and robust XML/XSL product architecture." About Colondot.com Colondot.com is a new B2B portal that connects digital marketplaces to enable streamlined order fulfillment and logistics delivery of commodity items around the world. The company's expertise in shipping, trucking and warehousing facilitates the delivery and branding of items such as cement and other commodities. Through Colondot.com, digital marketplaces can easily obtain logistics information and arrange international delivery. About Consolidated Commerce Consolidated Commerce, Inc. (www.consolidatedcommerce.com) provides B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. solutions for the digital economy. CC's eMarketplace Suite is the B2B platform for consolidated operations in the new collaborative supply chain. It creates value and brings scale and efficiency to the procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. , fulfillment, logistics and payment processes of its customers through a set of preconfigured Set up ahead of time. It implies that the device or software application has been modified to suit the customer or situation. See ghosting server. business objects. CC's highly advanced, Web-based architecture is platform independent, provides unlimited scalability and allows for the dynamic and rapid deployment of new functionality to meet its customers' needs. CC eMarketplace Suite is a trademark of Consolidated Commerce. |
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