F-M Ranks Highest Among E-Biz

SOUTHFIELD, Mich.--Federal-Mogul Corp. is the highest-ranking motor vehicle parts supplier in eWEEK’s FastTrack 500 list--an annual ranking of top e-business innovators.

Federal-Mogul ranks 77th among the 500 companies in this year’s eWEEK listing, published Nov. 13. EWEEK, a leading information technology trade publication focusing on e-business, bases the ranking “on each company’s penchant for investing in cutting-edge e-business technologies and the robustness of their on-line presence.”

“We’re honored to be recognized, along with many of the world’s largest and most-respected companies, as being at the forefront of e-business innovation,” said Kimberly Welch, vice president of electronic business and communications. “Our high ranking on this prestigious list of e-business innovators--and our position as the highest-ranking auto supplier--validates our ongoing commitment to using e-business to reach our strategic goals.”

Federal-Mogul is aggressively applying a variety of e-business initiatives throughout its global operations. It recently launched an Internet service through which global automotive replacement parts distributors can access a broad range of information and perform business-to-business transactions with the company. In addition, Federal-Mogul has an Internet-based application allowing high-volume suppliers to interact directly with the company, and has participated in on-line surplus asset auctions.

Federal- Mogul was among the first major suppliers to join Covisint, the business-to- business automotive Internet exchange, and has been active in its development.

Staples Inc. is No. 1 on eWEEK’s FastTrack 500 list, followed by United Parcel Service of America Inc. and Chase Manhattan Corp. EWEEK provides information technology news and reviews weekly in print, daily on the Internet, via Webcast and through Net-based and face-to-face conferences.