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Expands Reach of Private Marketplace Platform
PASADENA, Calif. - May 15, 2001 - eConnections, Inc.,
announced today that ON Semiconductor (Nasdaq: ONNN), a global
supplier of high-performance broadband and power management
integrated circuits and standard semiconductors, will work
with Quotility, the authorized online quote utility for the
electronics industry.
Quotility, an eConnections system, provides enhanced connections
to the world's leading electronic component manufacturers,
distributors, and manufacturers' representatives. eConnections
has established an independent and neutral platform that gives
customers needing electronic components an efficient way to
request, collect and compare critical product information.
Since information is exchanged through a secure private marketplace,
users can be confident that the data is authorized, timely
and reliable.
"Supporting our customers and being easy to do business
with is very important to us - Quotility provides a significant
and valuable service that accelerates the quoting cycle providing
operational efficiencies for supply chain partners" said
Michael Rohleder, ON Semiconductor senior vice president and
director of sales and marketing. "As a model for how
to do business, the emergence of Quotility is a significant
step in the creation of a platform that is critical for true
supply chain solutions."
Neutral and independent, Quotility replaces the inefficiencies
of traditional quoting processes with automated and intelligent
quote distribution, tracking, consolidation and reporting
capabilities. Customers can upload quotes, select the authorized
suppliers and distributors they wish to quote, then receive
an automated spreadsheet containing detailed information as
to price, availability, manufacturers' part numbers and standard
packaging. Because that information is from authorized sources,
customers know they'll get warranty protection, technical
support, customer service, inventory management and value-added
services.
"eConnections industry-authorized Quotility system makes
it easy to quote price and delivery from the world's leading
suppliers, distributors and their representatives," said
Rob Rodin, chairman and CEO of eConnections. "We're excited
to add ON Semiconductor, their decision reflects our shared
commitment to dealing only with authorized connections in
order to maximize efficiency and not interfere with the customer-supplier
relationship."
In addition to ON Semiconductor, other members of the Quotility
community include, All American Semiconductor (NASDAQ:SEMI),
Arrow Electronics (NYSE:ARW), Artesyn Technologies (NASDAQ:ATSN),
Atmel Corporation (NASDAQ:ATML), Avnet (NYSE:AVT), AVX Corporation
(NYSE:AVX), Bell Microproducts (NASDAQ:BELM), Bourns Inc.,
Digi-Key Corporation, FCI/Berg, Fujitsu Takamisawa America,
Hitachi Semiconductor America, Infineon Technologies (NYSE:
IFX), Jaco Electronics, Inc. (NASDAQ:JACO), KEMET Corporation
(NYSE:KEM), Kent Electronics Corporation (NYSE:KNT), The Memec
Group (which includes Impact Technologies, Insight Electronics
and Unique Technologies), Micron Technology (NYSE:MU), Molex
Inc. (NASDAQ:MOLX and MOLXA), Murata Electronics North America,
NEC Electronics, Nu Horizons (NASDAQ:NUHC), Pioneer-Standard
Electronics (NYSE:PIOS), Projections Unlimited, Inc., QuickLogic
Corporation (NASDAQ:QUIK), Reptron Electronics (NYSE:REPT),
Toshiba America Electronic Components and TTI, Inc.
About eConnections
eConnections represents a new web-based model for supply-chain
management in the electronics industry: the private marketplace.
Neutral and independent, combining deep industry expertise
with authorized connections to the world's leading suppliers,
distributors and manufacturer representatives, eConnections
speeds a customer's time to market, coordinating supply-chain
efficiency through a comprehensive toolbox of customizable
services. For more information, visit www.eConnections.com.
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