Iscar Metals and Allied Machine and Engineering Corp. Realize the Benefits of Prophet 21 Trading Partner Connect.Business Editors/High-Tech Writers YARDLEY, Pa.--(BUSINESS WIRE)--May 21, 2003 Manufacturers Streamline and Innovate in·no·vate v. in·no·vat·ed, in·no·vat·ing, in·no·vates v.tr. To begin or introduce (something new) for or as if for the first time. v.intr. To begin or introduce something new. Business Processes and Improve Customer Service Iscar Metals, a Texas-headquartered carbide carbide, any one of a group of compounds that contain carbon and one other element that is either a metal, boron, or silicon. Generally, a carbide is prepared by heating a metal, metal oxide, or metal hydride with carbon or a carbon compound. metalworking tool manufacturer, was searching for a way to innovate business processes. Allied Machine and Engineering, an Ohio-based manufacturer of precision drilling Precision Drilling Corporation (NYSE: PDS TSX: PD.UN) is the largest drilling rig contractors in Canada, also providing oil field rental and supplies. Operations expanded from 3 drilling rigs in 1984 to worldwide operations (Mexico, North Africa, Middle East, Kazakhstan, systems, wanted to decrease transactional costs while improving customer service. They both chose Prophet prophet [Gr.,=foreteller], a religious leader and spokesperson, particularly used in the Bible. The prophets emitted messages from the divine through inspired speech, the interpretation of omens and dreams, and the casting of lots and divination. 21 Trading Partner Connect as the means to help them reach their goals. Prophet 21 Trading Partner Connect, an Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the trading network, streamlines the commerce process between distributors, manufacturers, and end-users, thereby increasing sales and improving customer service while reducing operating costs operating costs npl → gastos mpl operacionales . "We've seen the value Trading Partner Connect can offer us - and our distributors," said Christian Ervin, technology coordinator at Allied. "It will definitely save everyone money and make our processes easier." Chuck Boyle, president and 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. of Prophet 21, confirms: "Trading Partner Connect has proven to be an excellent cost-saving vehicle for conducting transactions for manufacturers and their distributors. We are confident that more manufacturers like Iscar and Allied will choose to partner with Prophet 21 to drive down costs and increase customer satisfaction." Improving Supply Chain Processes Allied and Iscar are just two of more than 20 manufacturers on the Internet trading network. Increasingly, manufacturers find that Trading Partner Connect helps them improve channel relationships while decreasing costs in both their - and their distributors' - operations. Gideon Drori, chief marketing officer at Iscar, sees Trading Partner Connect as a means by which his company can effectively communicate with its customers. "We continually con·tin·u·al adj. 1. Recurring regularly or frequently: the continual need to pay the mortgage. 2. introduce innovative products and we want to make product announcements, as well as other marketing materials, available to our distributors as soon as possible. Trading Partner Connect is an excellent tool for doing this because distributors can view all of this information right in Trading Partner Connect." Allied's Ervin recognizes that Trading Partner Connect will give Allied's customers the opportunity to check order status and view stock availability well beyond his company's customer service desk hours. "Now, people on the West Coast can see what we have and enter orders after we're closed. They never have to wait until the next business day," he said. About Prophet 21 Since 1967, Prophet 21 has been a leader in providing durable goods durable goods Goods, such as appliances and automobiles, that have a useful life over a number of periods. Firms that produce durable goods are often subject to wide fluctuations in sales and profits. Also called consumer durables. distributors with innovative, adaptive solutions essential for running their businesses. With more than 2,000 customers and 70,000 users conducting over $35 billion in highly complex supply chain transactions annually, Prophet 21 is a true business partner, helping companies of all sizes leverage technologies and maintain a competitive advantage. Through its business technology and services, Prophet 21 seeks to streamline customers' business processes and reduce transaction costs Transaction Costs Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price they can sell it). to maximize profit and growth. Prophet 21 offers enterprise software solutions that provide organizations with powerful, highly customizable applications designed to improve customer service and maximize their return on investment. In addition, the company offers an Internet trading network that streamlines the commerce process between distributors, manufacturers/suppliers, and end-users. A complete line of professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. backs all Prophet 21 solutions. For more information about Prophet 21, please visit www.p21.com or call 1-800-PROPHET, ext. 3120. Copyright (C) 2003 Prophet 21, Inc. All rights reserved. Prophet 21 is a registered trademark of Prophet 21, Inc. All other trademarks and registered trademarks are the property of their respective companies. |
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