News

Semiconbay.Com Introduces New E-Commerce Strategy

July 10, 2000 by Jeff Shepard

A new e-commerce strategy intended to increase productivity in semiconductor businesses is being introduced by semiconbay.com (Sunnyvale, CA). The site, built on a next-generation database-driven platform, offers fab customers and their suppliers the opportunity to conduct on-line transactions.Suppliers can set up a system for each customer with individualized product, pricing, approval, payment and delivery options. Customers can search the site for products and product information. By using semiconbay.com's vertical semiconductor portal, companies are able to complete transactions quickly and in a secure environment. Semiconbay.com claims that utilizing their business rules-based solution allows their software to easily integrate into a company's existing ERP (enterprise resource planning) platform. Orders can be viewed online and the status tracked for purchasing, payment and delivery.In addition, a global auction platform will allow customers and suppliers to list and bid on excess inventory, spare parts and used equipment.