Chemunity - Pragmatic Procurement of Chemicals

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	ChemUnicator - Issue 8 - June 2001 Eight weeks ago we started the introduction of the Sourcing Portal, a pragmatic tool designed specifically for buyers of chemicals to facilitate the communication with their existing suppliers. The Sourcing Portal allows buyers to request quotes, negotiate and confirm purchase orders with their own approved suppliers. It reduces routine work and provides clever single-screen overviews of sourcing data. It is available for as little as a few hundred Euros per month and does not require high upfront investments or expensive implementation projects. Every day several companies subscribe to our Sourcing Portal, a number that exceeds even our most optimistic forecasts. We are delighted by this enthusiasm for our pragmatic "build-as-you-go, pay-as-you-go" approach to online purchasing. Both suppliers and buyers appreciate that the Sourcing Portal enhances direct relations: it fills the role of a communication tool rather than that of a "middleman". From a financial perspective the Sourcing Portal is an easy winner for our subscribers. Together with well known financial institutions we have extensively looked at the potential savings for our users. Even small buyers of chemicals already proved to be able to save thousands of Euro's per month, using ChemUnity's Sourcing Portal. These savings rapidly increase for companies with a larger consumption of chemicals. Please call me for more information. Yours sincerely, Mark-Jan Terwindt CFO ChemUnity