Suppliers can securely connect to supply-chain management, ERP, Messaging, NetMeeting, and CAD applications over the Internet. They can check real-time component stocking levels and take appropriate action to replenish them. Engineers can discuss design changes with component manufacturers during a secure Internet meeting. They can securely access and download new designs and immediately implement changes. The traders can easily access the firm's trading and portfolio management applications and proprietary market research.
Clients get faster, more accurate trades.
Traders get more business from their clients, and the brokerage firm gets more business from the traders. By replacing its manual trading process with an extranet, the firm is able to retain high-value customers, expand its customer base, increase revenue from trading fees, improve the quality and accuracy of trades, and generate new revenue opportunities. Immediate access to critical resources is increasing sales volume, improving the sales process, streamlining inventory management, strengthening OEM and partner relations, and helping the company respond to marketplace demands to hold the lead in its volatile market space. One major hospital is using an extranet to improve patient care by giving doctors immediate, secure access to medical records while maintaining utmost patient privacy. Using just their browser to access specific Web resources, doctors can refer patients and review patient records, lab results, current research, and billing and insurance information.