Building materials manufacturer extends supply chain integration; provides connectivity services for additional 2,100 suppliers
Newark, CA — October 28, 2003 — Owens Corning, one of the world's largest manufacturers of building materials and composite materials, has extended its contract with ADX to provide supply chain connectivity services to more than 2,100 of the company's suppliers.
Owens Corning, a $5 billion Fortune 500 company, launched its first supply chain integration campaign with ADX in 2002. During the campaign, ADX said it successfully connected Owens Corning to more than 200 of its top suppliers.
ADX will now work with the next phase of suppliers to enable them to trade electronically with Owens Corning via the ADX Network.
Jim Hawkins, eSourcing Process leader at Owens Corning, said, "Owens Corning had four major goals when we launched this project: hard dollar cost reductions; supply chain visibility; business process integration; and a common, standardized process for all vendors."
According to Hawking, the Phase One supplier integration program with ADX exceeded its goals in each of these areas. "Based on this success," he said, "we've decided to expand the program to a second, larger group of suppliers and extend these benefits to the balance of our key suppliers as quickly as possible."