NECX.com Joins Rosettanet; to Advance Standards For E-business Process Interoperability
NECX.com LLC, a wholly owned subsidiary of VerticalNet, Inc. and one of the world's leading exchanges for the purchase and sale of semiconductors, electronic components, computer products and networking equipment, has announced that it has joined the RosettaNet consortium as a Supply Chain Partner.
As a Supply Chain Partner, NECX.com will help to create and establish e-business standards for the computer product and electronic component supply chains. By collaborating on and implementing RosettaNet standards for streamlined order and inventory management, service and support, manufacturers, OEMs and resellers will be able to take full advantage of supply chain e-business processes. Through these advancements, NECX.com and its Global Electronics Exchange will provide its customers with quicker transaction times and increased ease of use when making informed buy, sell and hold decisions.
The RosettaNet standards include: utilization of HTML/XML, definition of standard dictionaries and associated DTDs and adoption of a set of standard e-business process dialogs known as Partner Interface Processes (PIPs). These PIPs will cover product management, order and inventory management, service and support.
"Standards are essential to the success of e-business, which is why NECX.com has joined RosettaNet, a consortium whose work is fundamental to the continued success of e-commerce and e-business," said Larry Marshall, president of NECX.com in a statement. "NECX's Global Electronics Exchange brings 20 years of experience in the business-to-business supply chain for the computer product, electronic component, semiconductor and networking equipment industries, and we are looking forward to using this experience as an active RosettaNet partner, developing standards and encouraging their industry-wide implementation."
"We are delighted to welcome NECX.com as a new RosettaNet Supply Chain Partner," said Jennifer Hamilton, CEO of RosettaNet in a company report. "NECX.com brings valuable expertise to our initiative and we look forward to their participation in RosettaNet standards development and implementation activities."
About RosettaNet
Founded in 1998, RosettaNet is an independent, self-funded, non-profit consortium dedicated to the development and deployment of standard electronic business interfaces to align the processes between supply chain partners on a global basis. RosettaNet can be found on the World Wide Web at http://www.rosettanet.org.
About NECX.com
NECX.com (www.necx.com), a wholly-owned subsidiary of VerticalNet, Inc., operates the Global Electronics Exchange, a leading global B2B open market exchange for electronics hardware. NECX provides a high degree of market liquidity by aggregating supply and demand from thousands of component, original equipment and contract manufacturers, as well as distributors and resellers. The Exchange provides comprehensive services such as procurement and inventory management, trading, financial settlement, as well as global logistics and quality assurance. NECX is headquartered in Peabody, Mass., USA. NECX operates its Asia-Pacific business from Singapore and its European operations from Galway, Ireland and Stockholm, Sweden.