GXS Powers 100% of the Asian Pacific Top Supply Chains

November 2, 2013  |  Asia, Digitalisation

GXS, a leading provider of B2B integration services, today announced that 100 percent of the Top Supply Chain Organizations in Asia Pacific connect through GXS Trading Grid, GXS’s cloud-based integration platform.

GXS Trading Grid enables customers around the world in industries including automotive, retail, high tech and consumer products to exchange critical business information electronically with their customers and suppliers. Companies use Trading Grid for electronic product catalogues, inventory reports, purchase orders, shipment notices, invoices and remittance advices via EDI and XML. By eliminating time-consuming and error-prone communication e-mails, faxes and phone calls, B2B integration reduces the cost of information exchange, and the latency of data flow between business partners.

The Gartner’s Top Supply Chain Organizations in Asia Pacific

Gartner’s Top Supply Chain Organizations in Asia Pacific identifies the top 10 companies headquartered in Asia/Pacific, based on a combination of financial metrics (revenue growth, return on assets [ROA] and inventory), and the opinion of peers and Gartner supply chain analysts.

“Mixed economic performance, volatility of demand, rising costs, a tighter labor market, a shortage of talent and regulatory pressures continue to weigh on Asia Pacific supply chains in 2013,” says Debashis Tarafdar, research director at Gartner. “To improve long-term supply chain stability, we see many organizations investing significant resources in re-evaluating their supply network, developing lean manufacturing practices and creating multitier supply chain visibility.”

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