Owens Corning Extends Supply Chain Integration Contract With Advanced Data Exchange
October 27 2003 - 12:00PM
PR Newswire (US)
Owens Corning Extends Supply Chain Integration Contract With
Advanced Data Exchange Global Manufacturing Giant Declares Phase
One Supplier Program Success, Signs ADX to Provide Supply Chain
Connectivity Services for Additional 2,100 Suppliers NEWARK,
Calif., Oct. 27 /PRNewswire/ -- ADX - Advanced Data Exchange, a
leading provider of supply chain integration solutions, today
announced that Owens Corning, one of the world's largest
manufacturers of building materials and composite materials, has
extended its contract with ADX to provide supply chain connectivity
services to more than 2,100 of the company's suppliers. Owens
Corning, a $5 billion Fortune 500 company, launched its first
supply chain integration campaign with ADX in 2002 through which
ADX has successfully connected Owens Corning to more than 200 of
its top suppliers. ADX will work with the next phase of suppliers
to quickly enable them to trade electronically with Owens Corning
via the ADX Network, significantly improving business efficiencies
and reducing overall supply chain costs. "ADX has helped Owens
Corning achieve a major milestone in improving our supply chain
processes," said Jim Hawkins, eSourcing Process Leader at Owens
Corning. "Owens Corning had four major goals when we launched this
project: hard dollar cost reductions, supply chain visibility,
business process integration, and a common, standardized process
for all vendors. Our Phase One supplier integration program with
ADX exceeded its goals in each of these areas. Based on this
success, we've decided to expand the program to a second, larger
group of suppliers and extend these benefits to the balance of our
key suppliers as quickly as possible." "The new contract from Owens
Corning is a strong endorsement of the value of the ADX service for
rapidly increasing supply chain collaboration," said David Michaud,
vice president of marketing for ADX. "We're pleased and excited to
expand our partnership with Owens Corning by enabling the balance
of their suppliers through ADX." About Owens Corning The pioneer of
glass fiberization technology, Owens Corning serves the home
building, home remodeling markets, commercial and industrial
markets with insulating and exterior systems and solutions. It also
provides high performance composites solutions to the automotive,
electronics, telecommunications, industrial and consumer markets.
Owens Corning is a leader in all of the major markets it serves.
Owens Corning employs approximately 18,000 people with facilities
in more than 30 countries. About ADX - Advanced Data Exchange ADX
helps large enterprises automate all of their supply chain
transactions -- such as purchase orders, purchase order
acknowledgements, shipping notices and invoices -- by providing
easy, outsourced any-to-any translation services for all of their
suppliers and customers. ADX has relationships with more than 250
of America's leading enterprises, including Ace Hardware, Arch
Coal, Do it Best Corp., Fisher Scientific, Food Lion, Hughes
Supply, Kroger, Lowe's, Michaels Stores, Newark Electronics, Owens
Corning, Sears, Shaw's Supermarkets, and TruServ. ADX is a
privately held corporation. For more information, ADX can be
contacted at 510-493-5000 or http://www.adx.com/. DATASOURCE:
Advanced Data Exchange CONTACT: George Scarvelis of Advanced Data
Exchange, +1-510-493-5308, or Web site: http://www.adx.com/
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