CHICAGO, June 19 /PRNewswire/ -- FindMRO.com, a provider of indirect
materials sourcing and procurement solutions, and Commerx, a leading developer
of collaborative eMarketplace supply chain solutions for industrial markets,
today announced an alliance. The agreement provides users of Commerx
PlasticsNet and Commerx Metals access to unlimited sourcing services for
maintenance, repair and operating (MRO) supplies through FindMRO.com, a
Grainger company. This new product sourcing offering was launched earlier
this month.
"The depth of the sourcing services provided by FindMRO.com, combined with
Commerx's e-procurement, connectivity and logistics solutions, is a big part
of our end-to-end collaborative eMarketplace strategy," said Tim Stojka,
chairman and CEO of Commerx. "We selected FindMRO.com because their product
sourcing capability is exceptional and will provide an immediate benefit to
our customers."
Commerx PlasticsNet is the first vertical marketplace at Commerx to
include the enhanced product sourcing capabilities. This new service will
provide customers with access to FindMRO.com's database of more than five
million products from 12,000+ suppliers.
"We are all winners in this alliance," said Ron Paulson, president,
FindMRO.com. "Customers are able to off-load a time-consuming purchasing
challenge-sourcing hard-to-find MRO products and services. Commerx provides
more value for their customers by increasing its portfolio of solutions.
FindMRO.com gains access to new customers by teaming up with a highly
respected and innovative company."
"The agreement between FindMRO.com and Commerx addresses the buyers' and
sellers' needs for a simpler, more integrated e-business solution," said Bob
Segal, partner at Frank Lynn & Associates, a Chicago-based consulting and
analyst firm. "This alliance is a great example of how leading Internet
eMarketplaces can reshape business relationships and drive economic
productivity."
FindMRO.com ( http://www.findmro.com ),a Grainger company, is a leader in the
B2B marketplace providing procurement solutions for hard-to-find maintenance,
repair and operating (MRO) supplies. Leveraging over 7 years of sourcing
experience, 12,000+ supplier relationships and comprehensive database content,
FindMRO.com provides its customers a cost-effective way to find and procure
MRO products via the Internet. In addition, this unique combination of
capabilities allows for easy integration with all types of e-procurement
solutions from Web portals to Enterprise Software Vendors (ESV).
W.W. Grainger, Inc. (NYSE: GWW), with 1999 sales of $4.5 billion, is the
leading North American provider of maintenance, repair and operating (MRO)
supplies and related information to businesses and institutions. Grainger
shares are traded on the New York and Chicago stock exchanges. For more
information about Grainger, visit http://www.grainger.com .
Founded in 1995, Chicago-based Commerx is a leading provider of
collaborative eMarketplace supply chain solutions that enable buyers and
sellers in industrial markets to transact business on the Internet. Commerx
develops, implements, integrates and hosts a suite of scalable software
applications enabling users to procure direct and indirect materials critical
to their operations. Commerx offers its users the ability to utilize and
integrate supply chain and logistics solutions to streamline inefficient
elements of their operations.
SOURCE W.W. Grainger, Inc.
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http://www.grainger.com
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CONTACT:
Christine Swiderski of Grainger,
847-535-4094, or e-mail, swiderski.c@grainger.com; or Josh Inglis
of Commerx, Inc., 312-464-2972, jinglis@commerx.com
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