Egghead.com Streamlines E-Commerce Transportation and Delivery Management with Electron Economy Internet Transaction Operations Network.Business Editors Cupertino, Calif.--(BUSINESS WIRE)--Feb. 8, 2000 Top Ten Internet Retailer to Audit and Measure E-Commerce Transportation and Delivery to Achieve Operational Efficiencies with Outsourced Managed E-Business Service Electron Economy(TM), the company pioneering the Managed E-Business Services infrastructure for 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. , today announces that Egghead.com, the leading Internet provider Internet provider - Internet Service Provider of computer and computer related products, will implement the Internet Transaction Operations Network (ITON ITON Internet Transaction Operations Network (Electron Economy) (TM)) for e-commerce transportation and delivery management. Egghead.com plans to use Electron Economy's ITON technology platform to evaluate freight and transportation costs, and to measure delivery effectiveness. Electron Economy will use Intelligent Commerce Agents within ITON that will audit the entire transportation management network, and provide a new level of visibility into real-time freight expenses In accounting, the concept of a freight expense account can be generalized as a payment for sending out a product to a customer. It falls under the umbrella category of Expenses and is treated like other expense accounts in relation to the accounting equation. and shipment status. &uot;ITON is an open and extensible platform that enables clients like Egghead.com to quickly implement a system to manage, track and audit multiple systems and partners with immediate results,&uot; said Vincent Gulisano, Co-Founder and Executive Vice President of Electron Economy. &uot;By outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. , Egghead.com can focus on its core competencies A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
For Egghead.com, transportation is a significant investment as well as an opportunity to achieve competitive advantage. Before selecting Electron Economy ITON, Egghead.com used a manual process to match invoices to shipments in order to ensure that service level agreements were being met, and to determine real freight costs. With ITON, Egghead.com will have real-time access to transportation information through the Electron Economy Control Center -- enabling the company to optimize efficiency and proactively address potential problems. &uot;Beyond offering the best products at the best price, we want to make it easy and enjoyable to do business with Egghead.com for our corporate and consumer customers,&uot; said Norman Hullinger, Sr. Vice President of Sales and Operations for Egghead.com. &uot;Only Electron Economy could offer us world-class expertise in both e-commerce and traditional logistics, which is essential for understanding the unique operational requirements (programming) operational requirements - Qualitative and quantitative parameters that specify the desired capabilities of a system and serve as a basis for determining the operational effectiveness and suitability of a system prior to deployment. of high-volume e-commerce sites. With the intelligent commerce agents in ITON, we can identify performance patterns and use them to continually optimize transportation efficiency.&uot; Electron Economy's engagement process with clients includes needs analysis and consulting, best-of-breed provider selection, installation and implementation, and ongoing managed operations once the system is in place. This approach ensures that a client's specific needs are met with the best possible solution for their particular environment, and that the system continues to optimize efficiency as market requirements and business needs evolve. Electron Economy is leveraging the ITON platform as the foundation for a suite of hosted e-business services and partnerships in consulting, technology, and operations management services. This approach provides business-to-business and business-to-consumer companies with a flexible and extensible e-business environment, enabling clients to realize significant economies of scale through instant access to supply chain and logistics providers connected to the network. (For more information about ITON, download the free white paper at http://www.electroneconomy.com). About Electron Economy Managed E-Business Services E-Commerce Operations Management(TM)(ECOM ECOM Electronic Commerce ECOM Emergency Communications ECOM Electronics Command (Army) ECOM Emission Control ECOM Electronic Computer-Originated Mail ECOM United States Army Electronics Command ECOM Ethernet Communication Module ), Electron Economy's first Managed E-Business Service offering, is a complete outsourced solution that integrates a company's online storefront A store on the Internet that offers items for sale and is capable of handling the financial transaction online. See cybermall and digital money. with all back-end logistics processes, including financial settlement, warehousing, delivery, customer interaction and business reporting. With ECOM, Electron Economy combines its own core competencies of consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" , technology and operations management, with best-of-breed technology and logistics partners to help its clients design, deploy and run their e-commerce operations. Based on individual client requirements, the ECOM solution may be completely outsourced or can be a hybrid (in-house/outsourced) solution leveraging the client's existing infrastructure. About Egghead.com Egghead.com (Nasdaq: EGGS) is a leading Internet retailer of new and surplus computer products, consumer electronics, sporting goods Noun 1. sporting goods - sports equipment sold as a commodity commodity, trade good, good - articles of commerce sports equipment - equipment needed to participate in a particular sport , and vacation packages. Through its auction site -- Onsale.com -- the company offers bargains on excess and closeout closeout, closure the finalization of a feeding program in a feedlot. The cattle are sold and a balance sheet is struck which includes the costs of feeding and housing or confining them. 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. . Egghead.com combines broad selection, low prices, and excellent service to provide an outstanding online shopping experience for businesses and consumers. Egghead.com is located on the Internet at www.egghead.com. About Electron Economy Electron Economy is a Managed E-Business Service Provider integrating critical components of commerce operations for traditional and e-business companies. Electron Economy works with clients to design, deploy and run their e-commerce operations, joining advanced technology, expertise and managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality to meet the evolving demands of Internet business. Electron Economy's Internet Transaction Operations Network (ITON) is an open and extensible technology platform that allows businesses to leverage common services and infrastructures for e-business operations. The company's first service offering, E-Commerce Operations Management (ECOM), runs on ITON and provides an outsourced management solution integrating a company's online storefront with all back-end logistics processes, including order processing, customer interaction, warehousing &fulfillment, and shipping &delivery. For more information, visit the company's web site at www.electroneconomy.com. Founded in April 1999, Electron Economy, Inc. is privately held and is based in Cupertino, CA. Electron Economy, its logo and ITON are trademarks of Electron Economy, Inc. All other trademarks and registered trademarks are properties of their respective owners. |
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