Rolls-Royce Sets a First in Defense e-commerce

Tuesday, May 14, 2002
Rolls-Royce has become the first company to trade with the U.K. Ministry of Defense on a new e-business system. The company took an order for submarine mechanical spares using a new interconnection, which links the Ministry's Defence Electronic Commerce Service (DECS) and the Exostar trading portal, allowing seamless transactions between suppliers and the Ministry. David Price, managing director - Naval Marine for Rolls-Royce said: "Rolls-Royce has actively supported the creation of this platform, the first web exchange link to DECS, and we are delighted to be the first company to transact on it. This marks another step in our overall objective to reduce procurement costs, increase design collaboration and work more effectively with customers, partners and suppliers. "It is also part of our effort to enable the Ministry's Defense Logistics Organization reach its goal of a 20 per cent reduction in procurement costs by 2004." Rolls-Royce joined the Exostar exchange in June last year. Existing members are BAE SYSTEMS, Boeing, Lockheed Martin and Raytheon. Technology provider CommerceOne also has a stake. Employees at Rolls-Royce in the UK were trained how to use the DECS/Exostar link via a "webinar" by a tutor in the US.
Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

ICS: EU Must Act in Mediterranean Crisis

The International Chamber of Shipping (ICS) says EU Member States must act urgently to prevent the loss of thousands more lives, as the humanitarian crisis in the

Hike in Service Tax at Indian Ports

The Indian Ministry of Finance has advised an increase in service tax and applicable at all ports. The effective date has not yet been announced. The rate

Wärtsilä BWM Systems for Chemical Tankers

A series of eight new 33,000 DWT chemical tankers, currently under construction in Asia, will feature Wärtsilä Aquarius UV Ballast Water Management Systems (BWMS)

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Pipelines Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2201 sec (5 req/sec)