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2010.02.18
E-commerce adoption key to smoothing out bumpy road in economic recovery
As manufacturers begin to ramp up production in anticipation of global
economic recovery, e-commerce has become a critical tool in regaining a
competitive edge by providing efficiencies for buyers and sellers throughout
the supply chain, according to Shelley Bausch, vice president and executive
director of the XIAMETER
® web-enabled brand of Dow Corning.
“To be able to compare prices, place orders and check order status at any
time of the day or night from anywhere in the world presents a tremendous
advantage in a global marketplace with uncertain economic conditions,” Bausch
said. “E-commerce in the chemical industry is an efficient streamlined way of
buying and selling that has direct impact on the bottom line.”
The XIAMETER® business model has been an example of e-commerce
best practices since it was launched in 2002 by Dow Corning to service
customers who wanted and needed round-the-clock, market-driven pricing for
standard silicone products. These materials are widely used as
performance enhancers by multiple industries, including personal care,
textiles, construction,
automotive and more, where they
provide qualities such as durability, stability, adhesion and weather
resistance.
Based on its success and ongoing research of customer needs, Dow Corning expanded
the XIAMETER business model last year to more than 2,100 products, a new
order entry platform with enhanced self-service functionality, extended volume
quantity, pricing and credit term options, and the ability to buy directly from
www.xiameter.com or
through local distributors.
The expanded XIAMETER® platform offers customers the ability to
protect their cash flow through flexible payment options which can be modified
each time a customer places an order. A customer may need up to two
months to pay for a purchase in times when preserving cash is important or they
may choose to pay within 15 days when they want to take a discount.
Customers can control inventory costs by allowing to choose the most
appropriate price tier based on the amount of volume they want to
purchase. When their inventory costs are low, they can choose to take
advantage of lower prices through higher volume purchases, or vice versa when
their inventory costs are higher.
Because the XIAMETER business model offers market-based pricing, customers
can take advantage of sourcing more volume through www.xiameter.com when prices
are low. Customers can also secure on-line supply agreements or take
advantage of product family discounts at any time to help capture savings.
“Protecting cash flow, managing inventories, and capturing savings will be a
success criteria as businesses and economies recover,” Bausch said.
“Ultimately, a supplier gains a competitive advantage by helping its customers
gain their own competitive advantage. By understanding your customer’s needs
and adopting business model innovations that provide efficiency and options,
you will be in a better position to secure that advantage.”
To hear more from Shelley Bausch, watch the video on the Dow Corning YouTube page.
To learn more about the XIAMETER brand, visit www.xiameter.com
About Dow Corning
Dow Corning provides performance-enhancing solutions to
serve the diverse needs of more than 25,000 customers worldwide. A global
leader in silicones, silicon-based technology
and innovation, Dow Corning offers more than 7,000 products and services
via the company’s Dow Corning® and XIAMETER® brands.
Dow Corning is a joint venture equally owned by The Dow Chemical Company
and Corning, Incorporated. More than half of Dow Corning’s annual sales
are outside the United States.
For further information, please direct inquiries to one of our media
representatives.
The XIAMETER® brand of Dow Corning Corporation, offers
market-driven prices for standard silicone products. Introduced in 2002,
the business offers more than 2,100 products including silicone fluids,
sealants, silanes, emulsions and rubber. The XIAMETER®
business is a no-frills model offering cost effective products through
streamlined services and a web-enabled order platform. Learn more at www.xiameter.com.
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