GE Plastics Conducts XML-Based, Online Transactions With Customers Worldwide
09-Mar-2001
GE plastics, an operating unit of General Electric Company (NYSE: GE),
announced today it has conducted online ordering based on eXtensible Markup
Language, or XML, with customers in the United States, Europe and the
Pacific. Using e-commerce technology provided by GE Global Exchange
services (GXS), GE Plastics is one of the first in the plastics industry to
perform worldwide XML-based transactions with its customers, offering
customers a fast, cost-effective method of data exchange using the Internet.
Using XML-based transactions, GE Plastics and its customers can use the
Internet to conduct “real time” information exchange on all documents—from
purchase orders to order confirmations. XML-based ordering replaces
automated facsimile ordering, which had a 48-hour turnaround time and
required GE Plastics to manually enter data. XML orders are generally faster
and more accurate because manual data entry is eliminated. GE Plastics
estimates the amount of its XML-based transactions will increase by year’s
end.
“By providing our customers with XML-based transaction capabilities, they
have an opportunity to simplify procurement with GE Plastics, their customers
and other businesses,” said Mark Rohrwasser, GE Plastics’ e-business
manager. “XML transactions eliminate the added costs of double order entry
and let customers focus on more profitable activities. We also support the de
facto XML standard used in each customer’s industry to help ensure a faster,
more cost-effective XML implementation in the future.”
“GE Plastics has made significant benefits available to its customers worldwide
by enabling them to order over the Internet using XML,” said Steven Scala,
GXS’s vice president of integration solutions. “We look forward to our ongoing
work with GE Plastics and its customers helping them achieve new levels of
efficiency using our integration technology.”
GE Plastics is a global manufacturer of high performance engineering
thermoplastics, with manufacturing facilities and technology and innovation
centers around the world. GE Plastics supplies a spectrum of high performance
resins and application development resources to help its customers achieve a
competitive edge through performance and design differentiation.
For more information about GE Plastics products and services, visit
www.geplastics.com. For more information about gepolymerland.com, visit
www.gepolymerland.com. GE Global eXchange Services (GXS) operates one
of the largest business to business e-commerce networks in the world, with
more than 100,000 trading partners. The network’s 1 billion annual
transactions account for $1 trillion in goods and services. With a presence in
58 countries, GXS applies Six Sigma quality processes to provide e-commerce
support helping businesses around the globe remove costs from their supply
chains. GE Global eXchange Services is a part the General Electric Company,
U.S.A., and is headquartered in Gaithersburg, Md. 800-560-4347. Visit our
Web site at www.gegxs.com.
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