Rosettanet E-Business, Web Services
Intel Conducts $Us5 Billion In Rosettanet E-Business, Web Services
e-Business Technology Provides Productivity Gains and Faster Supply Chain Throughput Intel has processed more than 10 percent of its revenues and supplier purchases this year using RosettaNet e-Business technology standards. Intel has transacted more than $US3 billion in customer orders and $US2 billion in supplier purchases on RosettaNet this year, increasing the amount of business processed by almost seven times in one year.
Business-to-business integration has helped Intel achieve greater operational efficiency through productivity gains, faster throughput, and improved customer and supplier satisfaction, enabling Intel and its customers to bring products to the marketplace faster through real-time access to information and more efficient supply chain collaboration.
Introduced in 1998, RosettaNet is a standard that enables electronics industry companies to conduct e-Business more efficiently and provide greater supply chain visibility. The extensible markup language-based (XML) standard enables suppliers and customers to easily automate supply chain tasks like collaborative demand forecasting, order management, shipping and receiving logistics, invoicing and payments.
“RosettaNet-enabled e-Business is a practical and robust example of web services at work across the enterprise,” said Intel Chief Information Officer Sandra Morris. “The underlying XML-based technology is invisible to the company or person using it, but it vastly improves a company's business processes. For example, as a result of deploying RosettaNet with one of our direct materials suppliers, Intel will achieve savings this year by eliminating the auto-faxing of purchase orders and has decreased order transaction time from 24 hours to less than one hour. This translates into significant increases in operational efficiencies when multiplied across our supply chain.”
“RosettaNet has experienced one of the most rapid implementation rates of any e-Business technology standard, and companies in Asia have adopted RosettaNet more quickly than in other regions,” said Jennifer Hamilton, RosettaNet CEO. “Of the thousands of RosettaNet touch points worldwide, a large percentage involve connectivity with Asia-based business operations.”
Intel conducts more than 30,000
RosettaNet-based transactions per month with more than 90
customers and suppliers who are based in 17 countries. More
than half of Intel's RosettaNet-enabled business was
conducted with companies in