China
Trade Exchange (CTE) launched
April 20, 2005 Beijing, China
China Trade Exchange (CTE), the next generation of B2B Supply Chain
Management solutions, based on RosettaNet Standards for China's
$850 Billion Electronics Industry was launched today.
CIECC, DELL Inc. and B-Global Inc. announced a collaboration agreement
to create China Trade Exchange, the center for nationwide supply
chain management network, to help China's manufacturing industries,
from electronics and semiconductors to telecommunication sectors,
to improve their supply chain efficiency and strengthen China's
ability to compete in the global market.
China International Electronic Commerce Center (CIECC), the country's
leading e-commerce network, Dell Inc., a leader in information technology,
and B-Global Inc., a leader in RosettaNet supply chain technology,
today announced their agreement to set up a China Trade Exchange
(CTE) which will facilitate the free flow of orders, forecasts,
logistics and financial information between businesses. The China
Trade Exchange (CTE) will be based on the proven Trade Engine technology
developed by B-Global and currently deployed by Dell and its suppliers.
CIECC, Dell and
B-Global have agreed to create the China Trade Exchange (CTE) to
assist Multi National Companies (MNC) and Small & Medium Enterprise
(SME) companies transfer orders, forecasts, logistics and finance
information electronically based on the RosettaNet messaging standards.
It is expected that the China Trade Exchange (CTE) will greatly
enhance information exchange between original equipment manufacturers
(OEMs) in China's world-leading electronics industry. The China
Trade Exchange (CTE) will connect Chinese electronics OEMs with
other China-based manufacturers as well as international customers
and suppliers, employing RosettaNet and XML standards-based technologies.
Celebrated today at a signing ceremony involving the President
of CIECC, Mr. Liu Jun Sheng, Dell (China) President Foo Piao Pang,
and B-Global Inc. CEO & President, Matt O'Malley. The strategic
partnership will be announced at the Global RosettaNet Conference
in Beijing on April 21st, 2005. Senior executives from CIECC, Dell
and B-Global are among the featured speakers at the conference.
Based on proven technology from B-Global Inc., the China Trade
Exchange (CTE) dramatically reduces the deployment time and cost
of RosettaNet implementations. The Trade Engine was pioneered by
Dell in Asia and initially focused on optimizing the order, forecast
and finance processes. The Trade Engine is now driving all outbound
fulfillments to Dell's customers in China and Australia, managing
the complex messaging between Dell and its logistics service providers.
"Implementing a supply chain which can respond rapidly to dynamic
changes in demand is a key to long term competitiveness and Dell
is pleased to share our innovative approach to RosettaNet deployment
for the demand driven supply chain management." commented Bill
Amelio, Dell's Vice President of Asia Pacific.
"We will leverage Dell's business model, based on, the best
in class business processes, to help China based companies excel
on a global basis. CIECC has a substantial investment in infrastructure
covering all major cities in China consisting of 96 data centers
connected via large bandwidth network, which can be utilized to
rapidly to e-Commerce enable SME companies in China." Said
Mr. Liu Jun Sheng, President of CIECC.
China Trade Exchange - April 20, 2005 Beijing, China
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