LONDON — (1-2-1 Supply Chain Excellence Summit) October 3, 2013 — GXS™, a leading provider of B2B integration services, today announced that 14 of Top 15 European Supply Chain Organisations connect through GXS Trading Grid®, the company’s cloud-based integration platform. GXS Trading Grid automates supply chain processes such as procure-to-pay and order-to-cash for thousands of companies in sectors including automotive, high tech, consumer products and retail.
‘”Top European-headquartered supply chains bring a wide range of best practices to the supply chain community, ranging from advanced collaboration practices with upstream and downstream partners, to innovations in demand sensing and shaping capabilities, to integrated business planning that brings sales and operations planning to the next level,”’ said Christian Titze, research director at Gartner. ‘”Supply chain executives can use Gartner’s analysis of these leaders to develop and implement more integrated, collaborative and demand-driven supply chain strategies.”’
GXS Trading Grid enables customers in industries including automotive, retail, high tech and consumer products to exchange critical business information electronically around the world, with their customers and suppliers. Companies use Trading Grid to share information such as electronic product catalogues, inventory reports, purchase orders, shipment notices, invoices and remittance advices using popular standards such as EDI and XML. By eliminating time-consuming and error-prone communication methods such as e-mails, faxes and phone calls, B2B integration reduces not only the cost of information exchange, but the latency of data flow between business partners.
Gartner’s Top 15 European Supply Chain Organisations identifies the top 15 performers headquartered in Europe, based on a combination of financial metrics (revenue growth, return on assets [ROA] and inventory), and the opinion of peers and Gartner supply chain analysts.
GXS is a leading B2B integration services provider and operates the world’s largest integration cloud, GXS Trading Grid®. Our software and services help more than 550,000 businesses, including 22 of the top 25 supply chains, extend their partner networks, automate receiving processes, manage electronic payments, and improve supply chain visibility. GXS Managed Services, our unique approach to improving B2B integration operations, combines GXS Trading Grid® with our process orchestration services and global team to manage a company’s multi-enterprise processes. Based in Gaithersburg, Maryland, GXS has direct operations in 20 countries, employing more than 2,800 professionals. To learn more, see www.gxs.co.uk, read our blog at www.gxsblogs.com and follow us on Twitter at twitter.com/gxs .You can also access our public filings with the Securities and Exchange Commission at www.sec.gov/edgar.shtml.
This press release may contain “forward-looking statements.” All statements, other than statements of historical facts that address activities, events or developments that the company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements are affected by risks, uncertainties and assumptions, including but not limited to those set forth in the company’s public filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Accordingly, actual results or outcomes may differ materially from those expressed in the forward-looking statements. You should not place undue reliance on these statements and the company undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances that may arise.
All products and services mentioned are trademarks of their respective companies.
EMEA PR & Marketing Manager
Tel: +44 (0) 1932 776358 / +44 (0) 7887 825 515