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 Case Studies - Steel24-7 - Application Development |
| About Steel24-7 |
Steel24-7 based in Brussels, Belgium was founded by three major steel producers, Thyssen Krupp, Arbed and Corus, to establish a steel marketplace in Europe.
It would provide services to enable superior interaction between trading partners by enabling solutions for catalog management, auctions, exchange of order and shipment related messages. |
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Steel 24-7 leverages Changepond's offshore development services to build a Steel Trading Exchange.
Changepond provides offshore development services to Steel24-7 to build a trading exchange across all the stages of the software development life cycle.
Background
Steel 24-7 was formed with the intent of providing superior electronic integration between trading partners - buyers, suppliers and Steel24-7. It was decided that a trading exchange would be developed leveraging the services of an outsourced service provider. Changepond's offshore development services, past expertise in B2B solutions and application development as well as its demonstrated commitment to deliver superior solutions made it the logical choice to provide the solution.
The Changepond Application Development Solution
The trading exchange developed by Changepond had the following functionality. |
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Catalogue Management: Suppliers display catalogues for various types of steel and also provide product configuration related capabilities. |
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Request For Quotation (RFQ): Customers can request for quotes from suppliers. |
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Order Entry: Customers place orders online against catalogues or against previous orders. |
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Offers To Sell: Buyers place bids on materials offered for sale by suppliers. The final bid is arrived at based on online negotiations between the suppliers and the customers. |
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Auction: Buyers place bids on materials offered in an auction by suppliers and based on comparison of bids placed, the final bid is arrived at. |
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Order Progress: Order status can be tracked and information related to dispatches, test results and order quantity are tracked. Buyers can also request documents related to the specific orders from suppliers. |
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The development project involved architecture design, development and quality assurance. Asera's eBOS was used as the Web application platform, Webmethods used for providing message-based integration between suppliers, buyers and the webplatform, iPlanet as the Web Server and Oracle 8i as the Database Server. The key messages supported on the platform include Delivery Forecast, Despatch Advice Order, Order Response and Sales Lists and conform to the EDIFACT as well as the ESIDEL standard for the steel industry.
Steel 24-7 is currently being used as a critical trading exchange between suppliers and buyers of steel in Europe, reducing transaction costs, minimizing delays and enabling superior customer services through better tracking of orders and shipments. |
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