Lexmark Implements J.D. Edwards' E-Procurement Solution to Streamline Global Purchasing Operations
Lexmark International, Inc., a leading developer of printing solutions, has chosen to implement J.D. Edwards' e-procurement solution, powered by Ariba, to manage and streamline its internal purchasing operations. This strategic move aims to lower operating costs and enhance global supply chain efficiencies. The solution, part of J.D. Edwards' ActivEra(TM) Solutions set, will initially be implemented in North America before being rolled out globally. By consolidating global purchasing power and unifying procurement processes, Lexmark aims to automate internal purchasing processes and integrate them seamlessly into its existing technology infrastructure.
Key Takeaways:
- Lexmark International, Inc., a global developer of printing solutions, chose to implement J.D. Edwards' e-procurement solution, powered by Ariba, to streamline its global purchasing operations.
- The solution aims to lower operating costs and enhance global supply chain efficiencies by consolidating global purchasing power and unifying procurement processes.
- The implementation of the e-procurement solution will initially take place in North America before being rolled out globally.
- Lexmark intends to automate internal purchasing processes and integrate them seamlessly into its existing technology infrastructure.
- The joint solution offers significant opportunities for cost savings and revenue generation for businesses of all sizes.
- Lexmark's adoption of the e-procurement solution demonstrates its commitment to leveraging Internet commerce within its enterprise software systems.
Statistics:
- Fiscal 1999 revenues of $944.2 million for J.D. Edwards & Company (Source: J.D. Edwards World Source Company).
- 15 of the Fortune 100 companies use Ariba's B2B eCommerce services and solutions (Source: Ariba, Inc.).
- Ariba's software and services leverage the Internet-based Ariba Network to integrate internal and external commerce processes (Source: Ariba, Inc.).
Sources:
- J.D. Edwards press release (Feb 23, 2000).
- Ariba press release (Feb 23, 2000).
- Lexmark International, Inc. investor relations (www.lexmark.com).
- Ariba investor relations (www.ariba.com).
- J.D. Edwards investor relations (www.jdedwards.com).