PaperExchange.com Uses J.D. Edwards' Solution to Further Power Global Trading Community
Leading Pulp and Paper Industry Exchange Leverages Fulfillment Capabilities To Streamline Extended Processes, From Bid to Delivery
DENVER, June 14 /PRNewswire/ -- J.D. Edwards & Company (Nasdaq: JDEC), a leading provider of agile, collaborative solutions for the Internet economy, announced today that PaperExchange.com, Inc., a leading global e-business marketplace for the pulp and paper industry, is using J.D. Edwards' ActivEra(TM) Solutions powered by OneWorld(R) to deliver transaction processing and fulfillment capabilities critical to its growing trading exchange.
PaperExchange.com provides a full service offering to buyers and sellers of pulp and paper online. PaperExchange.com has online real-time logistics capabilities and provides a range of credit services, including guaranteed payment for the seller, in accordance with their credit terms. The J.D. Edwards solution will provide the key fulfillment capabilities to the PaperExchange.com site, in conjunction with the current marketplace transaction processing. The solution also covers multiple currencies such as U.S. dollars and Euros, and all the grades of product PaperExchange.com supports including pulp, printing and writing, packaging, newsprint and recovered paper.
"We selected J.D. Edwards because we require a flexible and expandable planning and financial fulfillment solution to integrate with and complement our custom developed marketplace applications," said Bob Brenner, executive vice president of Product Development at PaperExchange.com. "J.D. Edwards' open, integrated end-to-end technology is the ideal supply chain collaborator to handle the expanding growth in business models and transaction volumes that we are experiencing."
"Trading communities such as PaperExchange.com are sparking a whole new level of innovation and sophistication in business and information technology and J.D. Edwards is right there with them," said Michael Schmitt, senior vice president, B2B e-commerce at J.D. Edwards. "We are the only company today that can deliver an end-to-end solution for enabling trading communities, while providing them with the open architecture they need grow their business as times and technologies change."
About PaperExchange.com
PaperExchange.com is a leading global e-business marketplace for the pulp and paper industry. A global e-business trading tool designed by the paper industry for the paper industry, PaperExchange.com has members in more than 80 countries. All paper is bought and sold by members through private, secured transactions. PaperExchange.com does not share its member list or transaction information. The proven PaperExchange.com model delivers new levels of efficiency, convenience, choice and flexibility to the pulp and paper industry. PaperExchange.com today generates complete transactions in all major grades of paper. PaperExchange.com is headquartered in Boston, Massachusetts, U.S.A. For more information, please visit paperexchange.com or call 617-536-4310.
About J.D. Edwards' ActivEra Solutions
J.D. Edwards' ActivEra Solutions enable organizations to quickly put ideas into action and extend the reach of their enterprise. The solution set is comprised of seven key components, namely Active Knowledge Management; Active Supply Chain; Active Customer Relationship Management (CRM); Active Enterprise; Active Procurement; Active Marketplace; and Active Foundation. With ActivEra Solutions, a company can act as a virtual enterprise with customers, suppliers and partners, because they have the flexibility to accelerate their time to market, generate new revenue opportunities and gain competitive advantage in the New Economy.
About J.D. Edwards
J.D. Edwards is a leading provider of agile, collaborative solutions for the Internet economy. The Company's integrated ActivEra(TM) Solutions deliver supply chain collaboration and fulfillment, and enable business-to-business trading communities in the consumer products, industrial and services industries. The Company's solutions are web-enabled and operate in multiple computing environments.
Founded in 1977, J.D. Edwards is headquartered in Denver and posted fiscal 1999 revenues of $944.2 million. Additional information can be obtained by contacting the Company via the Internet at www.jdedwards.com or at 800-727-5333.
NOTE: J.D. Edwards is a registered trademark of J.D. Edwards & Company. The names of all other product and services of J.D. Edwards used herein are trademarks and registered trademarks of J.D. Edwards World Source Company. All other product names used herein are trademarks or registered trademarks of their respective owners. The historical results stated above are not necessarily indicative of the results of any future period.
SOURCE J.D. Edwards & Company
CO: J.D Edwards & Company; PaperExchange.com, Inc.
ST: Colorado, Massachusetts
IN: CPR MLM PAP
SU:
06/14/2000 08:30 EDT prnewswire.com |
