GAITHERSBURG, Md.--(BUSINESS WIRE)--April 9, 2002--GE Global eXchange Services (NYSE:GE), a leader in business-to-business Internet commerce, today announced the availability of Enterprise System(TM) 7.5 e-Commerce Visibility Manager.
This latest version of GE Global eXchange Services' (GXS) data integration broker software incorporates Business Process Integration (BPI) capabilities, enabling companies to map supply chain processes to specific business objectives, measure purchasing patterns, view specified supply chain metrics and proactively escalate issues to the correct decision-makers.
GXS's Enterprise System 7.5 software enables companies to "Move, View and Act" on business data in order to solve specific supply chain problems. For example, document errors and slow transactions between a retail buyer and its suppliers can lead to lost sales through stock-outs on store shelves.
Enterprise System 7.5 supports the following capabilities to help a retail business manager reduce inventory stock-outs through improved handling of exceptions (errors) in inventory replenishment transactions:
-- Move - systems integration enables transactions (such as invoices and purchase orders) to be moved efficiently between a buyer and its suppliers through transformation into virtually any data format, secure data routing, and integration into back-office systems. -- View - user-created business rules and process flows support both human and machine interactions, such as identifying exceptions within the data transaction flow, providing visibility into exceptions through Web reports, and handling specified categories of exceptions automatically in a pre-determined manner. -- Act - processes can be automated and improved, and exceptions requiring human intervention can be escalated to the correct enterprise decision-makers via Web browser for appropriate action
"By combining data translation, transaction routing and BPI capabilities within a single system, GXS's Enterprise System 7.5 delivers increased efficiency of routine, high-volume transactions, while handling non-routine transactions in a correct, consistent and effective manner - putting real results from supply chain improvements into managers' hands," said Jim Rogers, GXS's general manager of integration solutions.
Enhancements to GXS's Enterprise System in version 7.5 include BPI software templates for exception handling and functional acknowledgement tracking and reconciliation (two key components for preventing stock-outs), as well as support for secure Internet connectivity using the S-FTP and AS2 protocols.
Additional BPI software templates - each designed to address a specific supply chain problem for buyers and sellers - are planned for release on an ongoing basis in the months ahead.
"Our Enterprise System 7.5 e-Commerce Visibility Manager, combined with our transaction services, uniquely positions GXS to be able to move customers from simple data exchange to using supply chain information sharing to deliver business results," added Rogers.
More than 600 instances of GXS's Enterprise System are installed around the world. In addition, GXS uses Enterprise System as the integration broker for its own business-to-business transaction network, currently serving 100,000 trading partners globally. Additional information about Enterprise System 7.5 can be found at www.gxs.com/integration.
About GE Global eXchange Services
GE Global eXchange Services (GXS) operates one of the largest B2B e-commerce networks in the world, with more than 100,000 trading partners. The network's 1 billion annual transactions account for $1 trillion in goods and services.
With a presence in 58 countries, GXS applies Six Sigma quality processes to provide e-commerce solutions that help businesses around the globe remove costs from their supply chains. GE Global eXchange Services is a part of the General Electric Company, U.S.A., and is headquartered in Gaithersburg, Md. Call 800/560-4347 or visit our Web site at www.gxs.com.
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CONTACT:
GE Global eXchange Services, Gaithersburg
Jim Fowler, 301/340-5875