Chemunity - Pragmatic Procurement of Chemicals

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	ChemUnity.com selected as case study for Europe's Leading Business School Arnhem, The Netherlands - August, 2000 - The International Institute for Management Development, (IMD), Europe's most prestigious business school based in Lausanne, Switzerland, has selected chemical e-marketplace ChemUnity.com as a case study to research the latest e-commerce trends. The case is used for strategy sessions where students analyse the strengths and weaknesses of the company and debate the strategic alternatives. "We had been investigating many B2B net-markets looking for a good example that was setting the latest trends and chose for ChemUnity because of the sound basics of their business model that tackles some issues others have neglected" indicates professor Carlos Cordon. "I chose Chemunity as a case to show that e-business is much more than only obtaining a good price on-line, it is also about dramatically improving the supply chain. Chemunity goes far beyond a pure trade exchange by creating an efficient electronic market and offering a complete procurement and selling solution to customers and suppliers. It is one of the very few web exchanges that incorporates a thorough technical knowledge about the products and services traded, a unique blend of knowledge of traditional business plus internet expertise." "We're extremely honoured to get this kind of recognition from Europe's leading Business School", states ChemUnity's CEO Herman Rijks enthusiastically. "We'll be keeping our ears open for good ideas that might emerge from the debates". About IMD: Information about IMD can be found at www.imd.ch About ChemUnity: ChemUnity.com is Europe's leading online sourcing solution for Full-Truck-Loads of Chemical Commodities: Buyers define what they want, when and where, and ChemUnity.com forwards that inquiry to all the suppliers of that specific product (except those specifically excluded by the buyer). A next-day answer is guaranteed and if the best offer is within the buyer's price range the transaction -including credit insurance- is confirmed. Through XML integration, Buyers and Sellers can automate the inquiry and order-confirmation processes to minimize administrative work and to optimize their supply chain. ChemUnity.com was formed late 1999 by a group of entrepreneurs with financial backing from Gilde and Optimix and has established partnerships with CSC (software) Compaq (hardware), NCM/Swiss Re (credit insurance) and Egon Zehnder (human resources). For more information ChemUnity.com Herman Rijks, CEO + 31 (0)26 3527528 hr@chemunity.com www.chemunity.com ChemUnity.com The Leading European Full-Truck-Load Chemical Commodity Sourcing Online