AIM/CMB Marketing Selects EC-HUB, Inc. For e-Marketplace Initiative
WILLIAMSBURG, Va.--March 20, 2001--Automotive Aftermarket Buying Group Will Use EC-HUB's TransactionHUB(TM) To Improve Business Processes For Its Members And
Suppliers
EC-HUB, Inc., the leading application service provider to buying groups, today announced that AIM/CMB Marketing has selected EC-HUB's TransactionHUB(TM) to be the core of its e-marketplace services for the 1,400 members and 200 suppliers of this $1.5 billion buying group.
TransactionHUB(TM) will enable the AIM/CMB trading community to process orders, invoices and other documents with greater accuracy and speed for less cost than presently possible.
"We are absolutely committed to delivering the productivity and cost saving benefits of Internet technology to our members," said Harold Cameron, AIM/CMB President. "We selected EC-HUB as our technology partner because of their in-depth understanding of buying groups, their comprehensive supply chain application suite, and their willingness to design a business relationship that fits our operating model."
"This relationship with AIM/CMB and its extensive trading network represents a significant stride into the automotive aftermarket for us," said David Blackburn, EC-HUB's CEO. "It also demonstrates our unique partnering approach, where we create win-win relationships for all players in a vertical market - manufacturer/supplier, wholesaler, distributor, retailer, consumer and EC-HUB, their technology partner."
EC-HUB's TransactionHUB(TM) will serve as a versatile technology platform from which AIM/CMB will be able to launch a wide array of EC-HUB's e-commerce applications, such as PaymentHUB, ShippingHUB, RebateHUB, PromotionHUB and others.
About EC-HUB, Inc.
EC-HUB is the leading provider of web-based supply chain management applications to Buying Groups and their trading partners. The Company's solutions strengthen trading relationships and competitiveness, enhance information flow and provide significant efficiencies by integrating and automating procurement, fulfillment and logistics activities of numerous, independent companies through a secure, central trading hub. The Company's solutions have been deployed in the automotive, building materials, consumer goods, floor covering, food and pharmacy industries. EC-HUB is headquartered in Williamsburg, VA and can be reached at 757/253-8900 or www.echub.com .
About AIM/CMB
Based in Lakeland, FL, the AIM-CMB Marketing organization is comprised of several integrated groups (CMB Marketing/AIM/DWC/Cygnus/Auto Extra/SDI/Undercar America/Import Parts Marketing) representing over 1,400 independent automotive parts distributors and 200 partner suppliers throughout the United States and Canada. For more information please visit our website at www.aim-cmbmarketing.com .