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Company : Commerce One India  
Friday, March 8, 2002 11:30AM IST (6:00AM GMT)
 
Commerce One India Delivers ROI to Indian Customers for Freight and Logistics Services
Gate2biz Platform Used for Strategic Sourcing of Complex Services
 
New Delhi, Delhi, India

Commerce One India Distributor Operations has achieved unprecedented Return on Investment for leading Indian companies in the Logistics, Freight and Transport service contracts. These bottom line savings were delivered across industries and this is a demonstration of its strong vertical focus. For a complex set of services like Freight and Logistics, Gate2biz platform has simplified the use of these services by the Indian companies process tremendously.

Using the Application Service provider (ASP0 platform of its Gate2biz e-infrastructure, Commerce One India Distributor Operations has drawn on its domain expertise of freight and logistics services. With a strong team of experienced industry professionals, Commerce One India Distributor Operations is providing consulting and business services, in addition to its Sourcing solutions, to leading Indian companies like Hindalco Industries, Mohan Breweries and NEI Bearings, amongst others,for Freight and Logistics services.

Commerce One India Distributor Operations COO, Mr Vivek Agarwal commented, "The Auction Services offered by Gate2biz e-infrastructure, powered by Commerce One technology, are simple and user friendly. Available on an ASP model, our Auction Services offer a platform for sellers and buyers alike to meet and conduct business online in a way that ensures less turnaround time and low overhead costs. With our proven expertise in Logistics and Freight services, we are focused on bringing substantial benefits for Indian corporate from a completely unorganized sector."

NEI Limited mandated Commerce One India Distributor Operations to conduct Reverse Auction for both Inbound and Outbound Freight Services to award the Annual Contract. With participation of more than 20 transporters from places like Jaipur, Chennai and Delhi, the company was able to achieve savings up to 22% for Inbound Services and up to 40% for Outbound Services compared to last year's prices.

Mr R K Saboo, Sr Vice President (Finance & Supply), NEI Limited said, "We are impressed by the services and solutions offering of Commerce One India. For our complex annual freight requirement, Commerce One India team has not only optimized the routes, they have been actively involved in training and conducting the auctions. The event has shown their expertise in the logistics domain and we are already working with them to derive similar efficiencies for our other procurement and sourcing requirements."

The Commerce One India Distributor Operations implementation team carried out Route Optimization for NEI Limited by clubbing of routes and maximization of capacity. For Inbounds Services, 45 routes were finally selected for NEI Bearings as compared to 84 as per last years contract. In Outbound Services, there were two categories: For Small consignments, there were 588 destinations that were consolidated into 65 sectors; for FTL, PTL & HTL, there were 73 destinations, which after clubbing resulted in 39 routes being auctioned.

Hindalco Industries used Commerce One Reverse Auction solution to award the annual contract for Outbound Freight services, the total value of which exceeded Rs 36 crore. Commerce One India Distributor Operations implementation team defined the Business Rules for the company including share of business allocation and zonal price-band fixation for the freight services. The Commerce One India Distributor Operations team conducted the training, for both Hindalco and the Transporters, continually. Involving more than 33 transporters, most National Carriers, based in cities like Delhi, Kanpur, Calcutta, Bombay and Hyderabad, participated in the Auction event. In a few hours event, the savings for Hindalco Industries was approx. Rs 5 crore over last years price, a saving of about 14%.

Mr R K Kasliwal, Executive President, Hindalco, commented, "We see e-procurement as a solution aimed to automate and shortening our processes. We have been working with the Commerce One India team for our e-procurement requirements and the successful Freight and Logistics sourcing with them has been a great boost for our long-term vision."

Today the efficiencies, as defined, for customers are been realized by using the Commerce One & Gate2biz solutions for Indian companies. These solutions have helped directly improve corporates order-to-fulfillment cycle and guaranteed best bottom-line savings. By leveraging the desktop commerce functionality and bringing advanced procurement automation into their systems, Indian companies have been able to streamline their workflow and business processes, have access to a wider base of suppliers thus bringing a tighter focus on supplier strategy and ultimately, optimizing overall company efficiency.

ABOUT COMMERCE ONE
Commerce One (NASDAQ: CMRC) is the Business Internet Company. Through its software, services, and global network of interconnected enterprises and e-marketplaces, Commerce One enables organizations to reduce costs and drive productivity by automating business processes between buyers and suppliers. Visit www.commerceone.com for more information.

ABOUT GATE2BIZ
Gate2biz is Commerce One's e-infrastructure partner in India and founder member of the Global Trading Web, the world's largest business-to-business trading community. Through partnerships with some of the most respected names in the business, Gate2biz provides solutions for Indian corporates wanting to create value out of their relationship with the outside world. For more details, log onto www.gate2biz.com or call up at 91-11-4655185.

 
Media Contact Details
Meenakshi Sharma, IPAN, +91 (11) 3326200, meenakshi@ipan.com
 
 
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