DSM Starts Project to Create Overall E-business Infrastructure.Business Editors HEERLEN, The Netherlands--(BUSINESS WIRE)--Aug. 29, 2001 DSM 1. DSM - Data Structure Manager. An object-oriented language by J.E. Rumbaugh and M.E. Loomis of GE, similar to C++. It is used in implementation of CAD/CAE software. DSM is written in DSM and C and produces C as output. N.V., the Dutch chemicals group, today announced that DSM has started the first phase of an important project to create an overall e-business infrastructure, which will further enable DSM's customers and suppliers to do business with DSM via the Internet. The overall project includes an integration platform for DSM's own ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. systems and other back-end systems, an online store and system-to-system connectivity which links directly into the customers or suppliers internal systems from DSM's internal systems. Furthermore, a range of tools to support the "prospect to order" phase, such as virtual collaboration Virtual Collaboration - Two or more people collaborating together to accomplish a task without the use of face to face interaction. Examples of Virtual Collaboration include Audio Conferencing, Video Conferencing, or Computer mediated communication. rooms for product development, communication with customers, as well as online technical service are included. The integration platform is designed for the sell side and the buy side as well as to support internal processes. This first phase of the project covers the basic infrastructure and the sell side. It will offer DSM customers the possibility to perform a full range of commercial activities such as online ordering and automatic transmission of transactions. Either via a web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. (Asera technology) or system-to-system connectivity (webMethods technology). The platform will also connect directly to e-marketplaces like Elemica. Flexible DSM system "The chosen e-business infrastructure will accelerate all processes and interactions between DSM and its customers and suppliers. Not only the buying and selling transactions themselves, but also the complex process leading to a deal involving intense collaboration with customers in the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. or with pharma companies in drug development," says Feike Sijbesma, member of DSM's Managing Board and responsible for e-business. "For our ambitious goals on e-business it is absolutely necessary to have a flexible system. The chosen platform ensures easy integration of future acquisitions and connecting to new customers, suppliers and partners." "The integration platform is a major step forward in realizing DSM's ICT (1) (Information and Communications Technology) An umbrella term for the information technology field. See IT. (2) (International Computers and Tabulators) See ICL. 1. (testing) ICT - In Circuit Test. Strategy," adds Henk van Dalen, member of DSM's Managing Board with responsibility for ICT. "This e-business infrastructure project builds upon the recent investments in ICT infrastructure and ongoing SAP Standardization. Our conscious choice to go step by step prevented us from a high cost pioneering start. We can now maximally leverage the learning curve in this field of application." Accenture, which has been involved with developing DSM's e-business activities right from the start, will support the implementation of this e-business infrastructure project. e-business strategy DSM envisions that in 2003 a significant percentage of activities will be conducted and supported through web-enabled tools and has progressed considerably in the past year implementing its e-business strategy. Important steps included investments in a number of marketplaces, a.o. Elemica, Omnexus and ChemConnect, and the introduction of solutions for placing orders online, for Vendor Managed Inventory Vendor Managed Inventory (VMI) is a family of business models in which the buyer of a product provides certain information to a supplier of that product and the supplier takes full responsibility for maintaining an agreed inventory of the material, usually at the buyer's (VMI VMI Virginia Military Institute VMI Vendor Managed Inventory VMI Vertical Motion Index VMI Valtakunnan Metsien Inventointi (Finnish: National Forest Inventory) VMI Video Module Interface ), as well as for online technical service and virtual collaboration for product development and communication with customers. Asera, Inc. Asera provides Global 2000 and emerging-growth companies with an e-Business Operating System operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. that includes a patent-pending software platform and applications development environment. Asera allows companies to customize best-in-class software applications, implement their business processes rapidly, and remain insulated in·su·late tr.v. in·su·lat·ed, in·su·lat·ing, in·su·lates 1. To cause to be in a detached or isolated position. See Synonyms at isolate. 2. from the cost and complexity of technology change. The Asera e-Business Operating System(TM) is a critical enabling technology for the emerging real-time enterprise. Based in Silicon Valley, Asera also has offices in the UK, Germany and India. webMethods, Inc. webMethods, Inc. headquartered in Fairfax, Va., is the leading provider of integration software. The webMethods integration platform allows customers to link business processes, enterprise and legacy applications, databases and workflows both within and across enterprises. Accenture Accenture is one of the world's leading providers of management and technology consulting services and solutions, with more than 75,000 people in 46 countries delivering a wide range of specialized capabilities and solutions to clients across all industries. DSM DSM is a highly integrated international group of companies that is active worldwide in the field of life science products, performance materials, polymers and industrial chemicals. The group has annual sales of EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 8.1 billion and employs about 22,000 people (year-end 2000) at more than 200 sites worldwide. By 2005 DSM aims to rank among the world's leading players in the field of specialties characterized by a high added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
Block sale (of large amounts) of securities to institutional investors. group sales The distribution of a new security issue to institutional clients. of EUR 10 billion. At least 80% of this should be generated by specialties in which DSM holds global leadership positions. |
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