12 December 2002 | Robin Parker
An “electronic meeting point” for all trading partners in online transactions is among the new features of utility industry e-marketplace Eutilia’s sourcing suite.
Its Sourcing Optimisation Services system now includes Transaction Services, a system that enables rapid online transactions using pre-negotiated prices and service levels.
Each participant needs only a single connection to the Eutilia platform, which previously relied on multiple links to the full range of buyers and suppliers.
The sourcing suite also contains a self-service portfolio of e-procurement tools, which gives users full control of planning e-auctions.
As well as training them in how to set up and manage online tenders and auctions, it also gives them the choice of conducting a fully hosted or self-service auction, depending on the complexity of the contract.
Jean-Philippe Massin, Eutilia’s new chief executive, said: “The enhancements, focused on enabling efficient sharing of information, will enable buyers and suppliers to get maximum value from our services by choosing what works best for them.”
The upgraded software has been launched ahead of the development of a directory of up to 3,000 international suppliers.
Eutilia aims to complete the database, which will be searchable on a wide range of specific criteria, over the next year.