B2B Platform Launched

Global eXchange Services Inc. (GXS, www.gxs.com), a Gaithersburg, Md., company that was formerly part of General Electric Co., has launched Trading Grid, a real-time platform developed exclusively to enable and streamline cross-enterprise business processes.

Serving over 30,000 businesses worldwide, Trading Grid, announced Sept. 28, offers capabilities that are said to ensure synchronized product and price information, optimize inventory levels and demand forecasts, speed the overall execution of supply chains, and ultimately provide end-to-end business process visibility.

Trading Grid is designed and developed to combine the reliability and best practices of its Value-Added Networks (VANs) with the speed and agility of the Internet, GXS says. While VANs primarily move data, Trading Grid provides capabilities that get more out of the data and manage an overall business process. Trading Grid includes the following components that accelerate this new business process networking capability:

Global messaging services that provide real-time information flow among partners anywhere in the world

Access methods that simplify business enablement, from multi-lingual Web-based access options to direct enterprise resource planning system integration via Web Services adapters

Central data stores to virtually and securely aggregate high-volumes of trading community data

Hosted Trading Grid intelligence services to provide business insight into processes, performance and exceptions

Hosted Trading Grid application services to manage and orchestrate specific cross-enterprise business processes, such as managing orders and reconciling invoices.

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