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 May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Israeli Dockworkers End Ports Strike

Israeli dockworkers ended a two-day strike on Thursday that had shut down the country's two main seaports in protest at the creation of new foreign-run ports.   Some 2,

US Orders Owner to Clean Up Ruptured Pipeline

Federal order ensures continued action on Santa Barbara County oil spill   The U.S. Environmental Protection Agency and the U.S. Coast Guard issued a joint federal

Suppression of Random Drug Test Results: A Bad and Unnecessary Decision

Last September, an Administrative Law Judge (ALJ) unsettled much of the U.S. maritime industry when he dismissed with prejudice a U.S. Coast Guard (USCG) action

 
 
Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | 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: 0.0999 sec (10 req/sec)