1 Oct 2002
Omnexus Leveraged Technology Solution gives plastics and chemical companies their own E-Commerce capabilities
Availability of Global Transaction Platform, Portal Services and Related Tools Promotes Industry Standards, Fosters eAdoption
ATLANTA (October 1, 2002) – Global plastics eMarketplace Omnexus continues its leading role in the industry’s growing trend to move business processes online with a new suite of technology services. Having built a world-class global transaction platform and portal, Omnexus is leveraging this functionality, giving plastics and chemicals companies fast, flexible and affordable access to the very latest in online ordering technology. Under its new alliance with Elemica, the leading global trading network for chemical companies, Omnexus will provide a solution tailored to the specific needs of the chemical industry for eMarketplace technologies.
The new Omnexus Leveraged Technology Solution (LTS) offers companies a highly adaptable, regularly upgraded choice of tools and services designed to meet the specialized needs of the chemical and plastics markets: these include the advanced Omnexus Global Transaction Platform, Portal Services, and Link Manager. These services provide fast access to online procurement capabilities, branded to a company’s own specific look and feel, all deliverable at a reasonable cost in a short time frame.
One of the first companies to avail itself of the Omnexus LTS service was DuPont, a founding member of Omnexus. In addition to supporting the Omnexus public marketplace, DuPont implemented the Omnexus Global Transaction Platform for its own site’s online ordering process in October 2001.
The common technology allows DuPont to share the same adherence to industry standards as Omnexus, an active proponent of the Chem eStandards™ initiative led by the Chemical Industry Data Exchange (CIDX). Omnexus technology currently supports the most recent CIDX messaging standards, version 2.02.
“As an original Omnexus supplier, we recognized that leveraging the Omnexus transaction platform to fill a gap in our European on-line transactional capability would give us quick access to the technology we needed at a reasonable cost,” said Linda Bankston, e-business director and chief information officer for DuPont Engineering Polymers. “We were impressed with the speed of the rollout, from the initial needs analysis to implementation. Omnexus continues to upgrade the platform and offer enhanced functionality.”
Omnexus LTS Products
The Omnexus Global Transaction Platform serves as the foundation of the Omnexus LTS offering. The order platform’s simple process requires only three steps for buyers to initiate orders using a single online order template, all in real time and on a global basis. The platform also provides change order capabilities, search functionality and online reporting features. The technology for the platform is flexible across many business rules, is available in five languages and multiple currencies, and is continually upgradeable according to a supplier’s changing needs.
Other components within the Omnexus LTS suite which are available include:
- Portal Services, providing the capability to build and operate a company’s complete online presence, including full content management and workflow features;
- Link Manager, which provides tools that establish flexible options to access data from a seller’s internal systems or from a third party site;
- Seller Connectivity Solutions, offering various levels of integration: from Web Browser, a simple, three-step order process; Omnexus UltraLite, which eliminates double entry; to full ERP-ERP integration which is made available via Elemica under its alliance with Omnexus
“Omnexus has built a world-class technology that is highly functional, intuitive to customers and consistent with industry standards—all of which promote eAdoption,” said
Michael J. Walsh, COO, Omnexus. “By leveraging this investment, Omnexus can offer a very cost-efficient solution which complements a company’s own e-commerce strategies.”
Omnexus LTS is available now for suppliers in the chemical and plastics industries, and can be implemented within a 60-day time period. Companies can obtain more information about Omnexus LTS by visiting the
Reader enquiries
Omnexus
Steinacherstrasse 101c
8804 Au/Wädenswil
Switzerland
Notes for editors
Omnexus is the global, neutral eMarketplace focused on delivering e-commerce technology and related services to the plastics industry. Founded and supported by the plastics industry, Omnexus currently consists of a growing list of more than 20 global suppliers, including ATOFINA, BASF AG, Bayer AG, Biesterfeld, Clariant, Demag Ergotech, Distrupol, Dow Chemical, DSM, DuPont, Engel, Entec, Muehlstein, Performance Polymers, PolyOne, Resinex & Ravago, Solvay, Ticona and Van Dorn Demag.
The Omnexus solution provides an efficient, cost-effective method of eProcurement for plastics processors and suppliers. Omnexus is currently operational in North America and Europe. Global headquarters for the company are located in Zurich, Switzerland. North American headquarters are in Atlanta, Ga.
Paulien Boumans
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