OrderFusion Signs a Co-Marketing Agreement With B2B-Matrix; Relationship to Increase Company's Presence With Auto Industry Suppliers
4 December 2000
OrderFusion Signs a Co-Marketing Agreement With B2B-Matrix; Relationship to Increase Company's Presence With Auto Industry SuppliersSAN DIEGO, Dec. 4 OrderFusion, Inc., a pioneer in e-commerce solutions for supplier enablement, today announced that it has entered into a co-marketing agreement with B2B-Matrix. B2B-Matrix, who targets the automotive aftermarket, is the developer of Boardwalk(TM), a distributed infrastructure for synchronous/asynchronous ad hoc collaboration within and across enterprises, addressing a crucial gap that is complementary to customer relationship management (CRM), enterprise resource planning (ERP) and B2B exchange systems. Boardwalk can take advantage of existing transactional systems, supply chain systems and B2B marketplaces and extend their capabilities to support enterprise and inter-enterprise collaboration. "We see this relationship as being very instrumental for positioning OrderFusion for the $160 billion aftermarket for automotive parts," said Tom Hennings, president and CEO of OrderFusion. "Today, auto suppliers rely on their dealer customers such as Ford, General Motors, Chrysler etc. for their aftermarket parts sales strategy since they have a better grasp of the demand based on the history. These same suppliers would have to build an infrastructure that rivals that of the dealer channel to effectively participate in this business. However, B2B marketplaces are now forcing the auto suppliers to explore new sales channels due to shrinking margins and initiatives to cut costs from the supply chain." In addition to the automotive suppliers, there has also been a shift in the buying patterns of the dealers, distributors and wholesalers. These individuals do not want to stock and are looking to be able to order on demand, track the order and check on delivery schedule. "We believe that our relationship with OrderFusion will enable us to provide auto suppliers the ability to gain a strong competitive edge," said Hiren Shah, president of B2B-Matrix. "In the aftermarket business, the supplier and distributor relationship is one in which many distributors and resellers interact with that supplier. In this situation, the supplier needs to maintain a storefront from where distributors can place orders. They also require an order management system for selection of the proper part, a process that involves cataloging, warehousing and distributing more than 200 million parts for about 700 different vehicle platforms. A robust and flexible system such as Orders of Magnitude is the answer." OrderFusion's Orders of Magnitude supports the entire selling process on the Web, from the presentation of product information, to sales, order management, support and sales analysis. It features nine modules built around a Unified Data Model that helps suppliers and buyers through the sales process by providing accurate and consistent information throughout. Additionally, it complements enterprise applications, such as enterprise resource planning (ERP), customer relationship management (CRM) and content management systems (CMS) by focusing on the entire sales order. The platform also allows suppliers to create personalized marketing campaigns for up-selling and cross-selling, as well as analyze wins and losses to fine-tune their sales and marketing strategies. About B2B-Matrix Located in San Jose, Calif. and Southfield, Mich., B2B-Matrix designs, architects and deploys new generation collaboration systems for enterprise and B2B collaboration. The company's world class solution Boardwalk is brought to you by a combination of three inherent characteristics: world class people, technology and experience. Its team consists of people who have extensive experience in designing, architecting and deploying industry leading collaboration systems for B2B commerce and enterprise collaboration. For additional details about B2B-Matrix and its solutions, visit http://www.b2b-matrix.com. About OrderFusion OrderFusion, headquartered in San Diego, Calif., is a pioneer in commerce solutions for supplier enablement. The company uniquely looks at the commerce challenge from the supplier's central reference -- the sales order -- to deliver the first complete B2B sell-side commerce platform, from pre-sales marketing to sales transactions, order management, fulfillment, and post-sales analysis. Through the award-winning Orders of Magnitude platform, OrderFusion provides manufacturers and distributors with a unified solution for achieving the same B2B Internet selling success as large manufacturers with made-to-order commerce systems. For more information, contact http://www.orderfusion.com. All company or product names are trademarks and/or registered trademarks of their respective owners.