The efficiencies of an electronic marketplace means buyers can considerably reduce the resources needed for procurement. In addition, the catalogs offer goods and services at attractive prices specially negotiated by chemplorer. Enterprises can also employ chemplorer simply as a transaction platform. In this case, existing catalogs of goods not offered at special chemplorer rates are made available via the marketplace. Purchasing organizations can then use the transaction platform to enable standardized electronic ordering from all their suppliers.
Suppliers present their products in standard, cross-company electronic catalogs.
As part of Commerce One's Global Trading Web, chemplorer opens up new opportunities for growth, which companies can leverage without additional expenditure on sales channels. Existing sales and associated administrative personnel are relieved of many routine tasks, enabling them to concentrate on more strategically important issues.