Philips and Nokia implement eBusiness advances

Philips Semiconductors is claiming a major supply-chain management milestone by successfully implementing RosettaNet Partner Interface Processes (PIPs) with Nokia, one of its customers.

Philips Semiconductors is claiming a major supply-chain management milestone by successfully implementing RosettaNet Partner Interface Processes (PIPs) with Nokia, one of its customers.

This milestone demonstrates Nokia's and Philips Semiconductors' progress executing its eBusiness strategy that increases business efficiencies internally and with partners worldwide.

In this case, the RosettaNet PIP used Collaborative Forecasting exchanges.

"As members of a global electronics industry, Philips Semiconductors and Nokia are using several elements of the RosettaNet infrastructure in a significant step toward enabling seamless business transactions on a global basis", said Mike Hamper, senior vice president of Global Sales Operations for Philips Semiconductors, and member of RosettaNet's Electronic Components Board.

"With RosettaNet implementation as a key part of our eBusiness strategies, all of the players in our supply chain can strengthen customer relationships, improve operational efficiencies, increase revenue opportunities, and reduce costs.

Having achieved secure transmissions with a key customer, Philips Semiconductors and Nokia begin reaping the business benefits that will result in tremendous efficiencies and cost savings".

"In implementing RosettaNet standards, Philips Semiconductors and Nokia have created a dynamic, flexible trading partner network", said Jennifer Hamilton, CEO of RosettaNet.

"Leveraging the global reach of the Internet, these companies can create new relationships as well as increase the breadth and depth of current relationships - improving quality of business for everyone involved".

Philips Semiconductors is driving a variety of global initiatives to streamline business processes as part of its worldwide eBusiness strategy.

Philips Semiconductors is working with other RosettaNet partners to implement additional PIPs as they are released into production by RosettaNet.

RosettaNet represents a major industry initiative toward achieving open supply chain management standards and processes.

Philips Semiconductors participates in RosettaNet's Electronic Components Board, and is a founding member of the RosettaNet Semiconductor Manufacturing Board.

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