High-Tech Consultants, PRTM Announce Support for Direct Material Purchasing on Commerce One's MarketSite.Business Editors/High-Tech Writers eLink 2000 LONDON--(BUSINESS WIRE)--Feb. 22, 2000 At the eLink 2000 conference in London today, PRTM PRTM Parks, Recreation, and Tourism Management PRTM Printing Response Time Monitor PRTM Pittiglio, Robin, Todd and McGrath (management consulting firm) , a global management consultancy to the technology industry, and Commerce One(R), Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CMRC CMRC Canadian Motosport Racing Club CMRC Commerce One Inc. (stock symbol) CMRC Caribbean Marine Research Center CMRC Crime Mapping Research Center CMRC Credit Management Research Centre (UK) ), the leader in global e-commerce solutions for business, announced that they will partner with Commerce One to support Internet-based direct materials procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. and collaborative supply-chain management services using Commerce One's MarketSite(TM) Portal Solution. Commerce One chose PRTM to develop the strategic architecture and process definition for this solution and to help Commerce One roll out its MarketSite Direct Material Services to specific industries. "Companies using Commerce One MarketSite Direct Materials Services will harness the power of the Internet to break down traditional barriers across multiple tiers of their supply chains, achieve highly efficient and streamlined information flows, and push to new levels of performance," said Robert Moncrieff, PRTM Director. "The traditional model of supply-chain communication is serial, extending from the supplier's supplier to the customer's customer. But the web portal See portal. model allows for simultaneous communication Simultaneous Communication, Sim-Com or Sign Supported Speech (SSS) is a technique sometimes utilized by deaf, hard-of-hearing or hearing sign language persons in which both a spoken language and a manual variant of that language (such as English and Manually among supply-chain partners at all levels, and will eventually enable improved collaboration in many areas including procurement, supply-chain planning, quality management, and product development," adds Robert Pethick, a director in PRTM's 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. group. "This will be particularly powerful in the automotive industry, where technology clockspeed is increasing due to convergence, globalisation, and shorter design cycles required by the market." "PRTM's expertise in defining supply-chain management solutions for high-technology companies has been instrumental in helping Commerce One establish its strategic direction for 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 solutions," said Chuck Donchess, executive vice president and chief strategy officer for Commerce One. "We believe that PRTM will continue to help us reinvent re·in·vent tr.v. re·in·vent·ed, re·in·vent·ing, re·in·vents 1. To make over completely: "She reinvented Indian cooking to fit a Western kitchen and a Western larder" collaborative business processes between supply-chain partners." MarketSite Direct Material Services Commerce One MarketSite Direct Material Services are designed to enable integrated Sourcing, collaborative planning, real-time business transaction management, and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services for manufacturers and their suppliers. By leveraging the Commerce One MarketSite portal infrastructure as a platform for these services, trading partners can rapidly gain the benefits of a true collaborative environment. To speed adoption of MarketSite Direct Material Services, the company will offer the Commerce One Direct Material Portal Connector, an intelligent platform that provides portal connectivity between enterprise supply-chain systems and MarketSite portals within the Commerce One Global Trading Web(TM). About PRTM PRTM (prtm.com) is the leading management consultancy to technology industry. PRTM helps technology companies structure their strategies, their organisations, and their core business processes for competitiveness, profitability, and growth. Since its inception in 1976, the firm has worked with over 1,000 technology companies in over 5,000 engagements worldwide. PRTM is internationally recognised for its leading methodologies and frameworks for continuous improvement. PACE(R) (Product And Cycle-time Excellence(R)) has been used by hundreds of high-tech companies over the past decade to accelerate time-to-market. PRTM's Supply Chain Operations Reference-model (SCOR SCOR Scientific Committee on Oceanic Research SCOR Supply Chain Operations Reference model SCOR Small Corporate Offering Registration SCOR Specialized Center of Research (White Plains, NY) SCOR Second Cousin Once Removed ) has been adopted by the 450-member Supply-Chain Council Supply-Chain Council (SCC) is an independent non-profit organization, as the cross-industry standard for supply chain management. SCC has developed and endorsed the Supply-Chain Operations Reference (SCOR)-model, a process reference model for supply chain management. as an industry-standard "toolkit" for upgrading supply chains for strategic advantage. As part of the firm's marketing and sales practice, Channel Opportunity Analysis(R) guides companies through the channel-development process, giving structure to analysis, planning, and implementation of channel strategy and management. About Commerce One Commerce One is the leader in global e-commerce solutions for business. Through its products, portals, and services, Commerce One creates access to worldwide markets, allowing anyone to buy from anyone, anytime, anywhere in the world. The Commerce One Global Trading Web(TM) is the world's largest business-to-business trading community. Comprised of many interoperating portals, the Global Trading Web provides unprecedented economies of scale for buying organisations, suppliers, and service providers worldwide. Commerce One is located in Walnut Creek Walnut Creek, residential city (1990 pop. 60,569), Contra Costa co., W Calif., in the San Francisco Bay area; inc. 1914. It is the trade and shipping center of an extensive agricultural area where walnuts are among the major product. , Calif., and can be reached by phone at 800/308-3838 or 925/941-6000 or via the Internet at http://www.commerceone.com/. Forward Looking Statements Certain statements made in this press release by Commerce One are not historical facts but are "forward looking statements" and may involve risks and uncertainties which could cause actual future results to differ materially and adversely from those anticipated by such statements. Included among the factors that could affect Commerce One's performance are: general economic conditions; fluctuations in operating results; its ability to effectively manage future growth, to retain and efficiently integrate its executive management team, and to identify, hire, train and retain, in a highly competitive market, individuals highly skilled in the Internet and its rapidly changing technology; significant revenue concentration in a limited number of clients etc. For a discussion of these and other risk factors that could affect Commerce One's business, see "Risk Factors" in Commerce One's filings with the Securities and Exchange Commission, including its quarterly report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended September 30, 1999. Note to Editors: Commerce One, Many Markets. One Source., Global Trading Web, BuySite, MarketSite, Global Trading Platform, Common Business Library, XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. Development Kit, XML Commerce Connector, MarketView, and SupplyOrder are either trademarks or registered trademarks of Commerce One, Inc. All other company, product, and brand names are trademarks of their respective owners. |
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