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Rohm and Haas Selects Global eXchange Services for Electronic Invoicing, Online Supplier Relationship Management and Visibility Services
GXS Solution Enables Top Specialty Materials Manufacturer to Benefit from Automating End-to-End Supplier Invoice Process
GAITHERSBURG, Md. – August 9, 2004—Global eXchange Services (GXS) today announced that Rohm and Haas (NYSE: ROH), a worldwide producer of specialty materials, has selected GXS’ Order Lifecycle Visibility solution to provide its global trading partners with a Web-based, self-service portal for creating and managing electronic invoices. An integrated part of the GXS trading network, Order Lifecycle Visibility is a hosted business process collaboration service, which acts as a centralized data repository for Rohm and Haas’ critical supply chain information. The GXS Order Lifecycle Visibility solution provides Rohm and Haas with purchase order to invoice matching, configurable data validation routines and powerful exception management capabilities. These capabilities translate into knowledge-based decision making for Rohm and Haas, and a consistent view of supply chain data for the Company and its worldwide trading partners. “The process for receiving and posting invoices and determining invoice accuracy presents a constant challenge for Rohm and Haas,” said Bruce Morris, manager of trading partner integration for Rohm and Haas. “The GXS Order Lifecycle Visibility solution allows Rohm and Haas to fully automate the process and improve the overall quality of supplier invoices. This allows both Rohm and Haas and its suppliers to focus on improving the delivery of chemical goods and services, rather than administrative tasks. “ The GXS Order Lifecycle Visibility solution, through its capability to retain, process and share consistent network data globally, has afforded Rohm and Haas and its North American trading partners the following benefits:
“Our strategy is to embed collaboration, visibility and analytics into our global supply chain network, thereby providing a complete service that enables our customers to automate and improve those business processes that are dependent on trading partners,” said Bobby Patrick, senior vice president of marketing for Global eXchange Services. “Order Lifecycle Visibility, along with companion GXS offerings such as Logistics Visibility, represents a key focus for the company as we continue to build our roster of leading manufacturers like Rohm and Haas.” About Rohm and Haas For more than 90 years, Rohm and Haas has been a leader in specialty chemical technology. Its chemistry and products are found today in paint and coatings, adhesives and sealants, household cleaning products, personal computers and electronic components, construction materials and thousands of everyday products. Its products are sold primarily for use in the construction and building, electronics, household products and personal care, packaging, food and retail, and automotive markets. With annual sales revenue of approximately $6.4 billion and 17,000 employees, the company operates a network of more than 100 manufacturing, technical research and customer service sites in more than 27 countries. Further information on Rohm and Haas can be found on the company’s Web site at www.rohmhaas.com GXS is a leading global provider of B2B e-commerce solutions that simplify and enhance business process integration and collaboration. Organizations worldwide, including 75 percent of the Fortune 500, leverage the GXS Trading Grid to achieve the perfect balance of supply and demand. Active in the global standards arena, GXS solutions enable customers both large and small, to connect with global partners, synchronies product information, optimize inventory levels and demand forecasts, and accelerate the execution of supply chains. Headquartered in Gaithersburg, MD., GXS provides sales and support to businesses and their partners worldwide. For more information visit our Web site at www.gxs.com. |
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