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All Press Releases for November 19, 2002 Subscribe to this News Feed    
 

RapidTrade is a technical solution designed to support organizations that have a corporate strategy that includes a commitment to exploring alternative and appropriate channels to optimize the efficiency of customer and supplier interaction.

RapidTrade supports the offline processing of data using local business logic and device-resident data storage. RapidTrade enables the order entry process to occur as effortlessly as possible. The applet or software application generally resides on the customers desktop. When an order is placed from the customers desktop, information is transferred between the applet and the suppliers internet server.

Rapid Trade, efficient customer service, at last:

The RapidTrade solution delivers a proven internet application in the Web-Services" arena. At the foundation of RapidTrade is a secure online/offline platform that is device-and connectivity-independent.

RapidTrade supports the offline processing of data using local business logic and device-resident data storage (applet). This platform-independent framework enables you to run your desk top application without a live connection to a server or the Web -- and later synchronize data through an internet connection via wireless modem, IR connection, phone line, and so on.

RapidTrade enables the order entry process to occur as effortlessly as possible. The applet or software application generally resides on the customers desktop. When an order is placed from the customers desktop, information is transferred between the applet and the suppliers internet server. Only critical information passes between customer and supplier, giving this type of solution an advantage of speed over the on-line type of solution. RapidTrade has been developed to give you an opportunity to optimize the reality of slow on-line internet speed. In summary, it delivers a architecture of this solution.

On-line trading is characterized by the interaction of a browser with a computer. All data received on the desktop needs to be downloaded. This can be a fairly laborious process. Where live, up to the second data is required, an on-line solution is preferable to running an application. Here, a customer can achieve on-line access to an organizations information, obtain live prices and stock levels and any other critical information.


Trade-off between applet based and on-line CRM solutions:

Where an on-line solution allows live data to be viewed, the slow response time for the majority of users using dial-up lines is generally a major factor, resulting in frustration and non-use by customers. There has been a lot of talk about improvement in bandwidth, which is meant to alleviate the frustrations experienced by on-line users, but this may yet be years away.

If you have a current strategy to be involved in electronic commerce this year or the next, you would need to carefully evaluate the appropriateness of choosing an on-line solution or a data storage solution (applet type solution).


RapidTrade: simple and efficient functionality.

Choosing RapidTrade will enable you to:

•   Expand your electronic sales channel.
•   Maximize Customer Relationship development.
•   Integrate electronic and physical processes.
•   Integrate with enterprise systems.
•   Engage in effective product branding.
•   Benefit from Business Intelligence.
•   Allows your customers to place orders electronically into your system.
•   Operate at speeds that generally exceed on line solutions where dial-up internet access is required by the customer.
•   Gives routing information.
•   Pricing, stock information.
•   Easily maintainable. User friendly.
•   Secure architectural design and interactions at all times.
•   Requires little hard disk space, runs on a minimum Windows 95.

RapidTrade is customizable to your adhere to your preferred business requirements. The set up and appearance of the tabs" is modifiable to meet the needs of your customers.
Some of the other functionality that is not evident from the above screen includes:

•   History of previous orders
•   Order status
•   Quote-system
•   Self invoicing
•   order tracking information
•   Back order status
•   Customer intelligence reports

1.2.3   Differentiators:

•   Online/Offline architecture, providing flexibility and speed
•   Direct interaction between Supplier and Buyer (unlike EDI or electronic Marketplaces), thereby lowering costs and reliance on third party service providers
•   RapidTrade is built on Microsoft Technology, a pervasive, global, developing technology
•   RapidTrade Desktop runs on all Microsoft systems (Windows 95 or higher), making it attractive to a wide range of customers
•   Back end integration via proven technology (Microsoft Supplier Enablement Framework or Business Connectors)

1.3   Who benefits from RapidTrade?

1.3.1   Suppliers

•   Lower cost of sales.
•   Increase / Defend market share.
•   Increase sales.
•   Preferred supplier status.
•   Less human error regarding telephonic order taking.

1.3.2   Customers

•   Lower procurement costs.
•   24 x 7 trading / flexibility.
•   Order Track and Trace.
•   Better price management.
•   Increased ability to order accurately, thus lowering credit note requests.

see www.orangeone.net for contact details.

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CONTACT INFORMATION
Anthony Corlett
Orangeone
27 82 7857091
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