Mining and Metals Marketplace Launches Unique Technology Vendor Review.Business Editors
LOS ANGELES--(BUSINESS WIRE)--July 10
The global, online procurement marketplace for the mining, metals and minerals industry this week begins a comprehensive, competitive review of Ariba, CommerceOne and Oracle. The three technology providers are the final candidates in a request for proposal process, and will participate in a two-day capability review that will be conducted concurrently in seven countries. The three technology companies will demonstrate their technical and organizational capabilities to the marketplace's 14 founding shareholders in concurrent sessions in London, Melbourne, Johannesburg, Santiago, Rio de Janeiro Rio de Janeiro, city, Brazil
Rio de Janeiro (rē`ō də zhänā`rō, Port. rē` thĭ zhənĕē`r , Toronto and Phoenix.
These presentations and the subsequent proposal review process ultimately will result in the awarding in early August of a contract to create the first global technology platform to facilitate the procurement of the full range of 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. across the mining and metals industry. The procurement practices of the mining, metals and minerals industry extend to more than 100 countries. The capability sessions are being conducted with the assistance of the Andersen Consulting See Accenture. global mining practice, which is serving as the solution provider to the marketplace during the design, build and launch phase.
Tracy A. Stevenson, Interim 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 the marketplace, said, "Our somewhat unusual approach to the request for proposal process is indicative of the comprehensive and unique business solution being planned for the mining, metals and minerals marketplace. We will be the first, truly global online procurement marketplace with the ability to unite a wide range of buyers and suppliers of all sizes and from every possible location, from Kalgoorlie, Australia and Calama, Chile to London, Canada and Arizona. Our request for proposal process will determine the vendor with the technical and organizational capability and ambition to be the first to create a comprehensive global technology platform for ecommerce."
It is anticipated that the independent, open and neutral marketplace will provide unrivaled access to procurement sources worldwide and will transform the procurement practices of the mining, metals and minerals industry. Buyers and suppliers will benefit from standardization, transparency, streamlined transaction processes and improved inventory management. The mining, metals and minerals marketplace is open to participation by all buyers and suppliers regardless of size, location or product line. For more information about the mining, metals and minerals marketplace, visit the website at www.mmprocurement.com.
The founding shareholders of the mining, metals and minerals procurement site include Alcan Aluminium Limited, Alcoa Inc., Anglo American plc Anglo American plc (LSE: AAL, JSE: ANGLO) is a world-wide group of companies, originally founded in South Africa as a mining enterprise but now extending into other areas. Natural resources remains the focus of its operations. , Barrick Gold Corp, The Broken Hill Proprietary Company Limited (BHP), Corporacion Nacional del Cobre de Chile (CODELCO CODELCO Corporacion Del Cobre-Chile ), Companhia Vale do Rio Doce Summary
Companhia Vale do Rio Doce (CVRD) is a global diversified mining company, the second largest mining company in the world, and the largest logistics operator in Brazil. (CVRD CVRD Companhia Vale do Rio Doce (Brazilian mining company)
CVRD Cowichan Valley Regional District (Vacouver Island, British Columbia, Canada)
CVRD Converter, Variable Resistance, to DC Voltage ), De Beers Consolidated Mines Ltd., Inco Limited, Newmont Mining Corporation, Noranda Inc., Phelps Dodge Corporation, Rio Tinto and WMC WMC Winter Music Conference
WMC Weill Medical College (Cornell University)
WMC Wisconsin Manufacturers and Commerce (Madison, WI)
WMC Westchester Medical Center
WMC Western Mining Corporation Limited. In 1999, the estimated procurement spending of the industry was approximately US$200 billion.