Cephren and ec-Content Partner to Create Comprehensive MarketNet Catalog Service

Strategic Insights -

Cephren, Inc., a leading online workplace for the $3.6 trillion global construction industry, has partnered with ec-Content, Inc., a leading source of product and pricing information for the electrical and mechanical industry, to develop the Cephren MarketNet catalog service. This strategic partnership aims to provide a comprehensive online marketplace where buyers and sellers of construction products and services can communicate and transact using various trading tools. The Cephren MarketNet catalog service will offer detailed product and pricing information for approximately 2 million individual items from ec-Content's building products database, which includes electrical, plumbing, HVAC, and DataCom products.

Key Takeaways:

  • Cephren MarketNet catalog service to offer 2 million individual items from ec-Content's building products database, covering electrical, plumbing, HVAC, and DataCom products.
  • Service to enable actual transactions to take place, leveraging robust searching capabilities across multiple product attributes.
  • Contractors and distributors can buy directly from the electronic catalog, replacing the need for outdated paper catalogs.
  • Distributors and manufacturers can provide customized pricing for specific buyers in a secure, confidential, online environment.
  • Integration with seller's back-office systems to reflect real-time inventory levels and product availability.
  • The partnership aims to revolutionize the way products are purchased during the construction process, saving millions of dollars during the procurement process.

Statistics:

  • Cephren is a leading online workplace for the $3.6 trillion global construction industry.
  • ec-Content's product database includes information on approximately 2 million individual items.
  • The partnership aims to accelerate the development of the Cephren MarketNet catalog service.
  • The Cephren MarketNet catalog service will be integrated with seller's back-office systems to reflect real-time inventory levels and product availability.

Sources:

  • [1] "Partners in Progress" (Cephren press release, no date).
  • Cephren, Inc. (www.cephren.com).
  • ec-Content, Inc. (www.eccontent.com).
  • Commerce One (NASDAQ: CMRC) (www.commerceone.com).
  • Trade Service Corporation (www.tradeservcorp.com).