Gaithersburg, MD (PRWEB) October 31, 2013
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®, the company’s cloud-based integration platform. GXS Trading Grid automates supply chain processes such as procure-to-pay and order-to-cash for thousands of companies in sectors including automotive, high tech, consumer products and retail.
"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," said 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."
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 to share information such as electronic product catalogues, inventory reports, purchase orders, shipment notices, invoices and remittance advices using popular standards such as EDI and XML. By eliminating time-consuming and error-prone communication methods such as e-mails, faxes and phone calls, B2B integration reduces not only the cost of information exchange, but the latency of data flow between business partners.
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.
GXS is a leading B2B integration services provider and operates the world’s largest integration cloud, GXS Trading Grid®. Our software and services help more than 550,000 businesses extend their partner networks, automate receiving processes, manage electronic payments, and improve supply chain visibility. GXS Managed Services, our unique approach to improving B2B integration operations, combines GXS Trading Grid® with our process orchestration services and global team to manage a company’s multi-enterprise processes. Based in Gaithersburg, Maryland, GXS has direct operations in 20 countries, employing more than 2,800 professionals. To learn more, see http://www.gxs.com, read our blog at http://www.gxsblogs.com, follow us on Twitter at http://twitter.com/gxs and join us on LinkedIn at http://www.linkedin.com/company/gxs. You can also access our public filings with the Securities and Exchange Commission at http://www.sec.gov/edgar.shtml.
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*Source – Gartner press release issued September 27, 2013 "Gartner Identifies Top Supply Chain Organizations in Asia Pacific for 2013". http://www.gartner.com/newsroom/id/2580318