CPGMARKET.COM, the first European marketplace for consumer packaged goods, reports that it is now operational. Established by Danone Group, Nestle, Henkle and SAPmarkets, and recently joined by 22 new investors, CPGmarket.com will provide manufacturers and suppliers across Europe with the full range of eServices relating to procurement and supply chain services. The official launch was scheduled for Feb. 1 in London.
ts for global retailers and wholesalers by deploying leading edge technology to lower inventory throughout their entire supply chain, while improving service," said Mark Moore, cofounder and president of Global Food Exchange. "His expertise is especially critical in today's operating environment, in which retailers are under constant pressure to improve efficiency and lower costs in every aspect of their operations." Meanwhile, Global Food Exchange has opened a new office in Paris to coordinate perishables supply chain management in Europe. "The European food industry is one of the most active participants in international trade and includes some of the largest and fastest growing retailers in the world," Moore said. "We intend to tap this rapidly expanding market and provide our buyers and suppliers [with] an efficient, economical way to bolster their trade in perishable food products."
IPNET SOLUTIONS, Newport Beach, Calif., has added Transact EZ Connect to its product line. Transact EZ Connect is a downloadable, pure Java client that enables a host company, usually a dominant buyer or supplier within a private supply chain or a public exchange, to rapidly connect and begin transacting business over the Internet with small- to mid-size partners. "With our new Java client, IPNet demonstrates its understanding of the needs of host organizations as well as those of their trading partners," said Ted Smykla, senior vice president of products. IPNet also said recently it will support the development of the Universal Description, Discovery and Integration standard as a UDDI adviser and community member. UDDI is the first cross-industry effort driven by platform and software providers, marketplace operators and e-business leaders. These technology and business pioneers are providing the catalyst to quickly develop the UDDI standard. Meanwhile, IPNet is now guaranteeing prospects that they will achieve a faster ROI (return on investment) using its B-to-B e-commerce solution in comparison with competitive offerings.