ChemConnect Leading in negotiation solutions for commercial products

What is ChemConnect? ChemConnect helps large company's gain access to commercial products such as chemicals, plastics, industrial cables and more through a dynamic online bidding process. They provide their customers with the appropriate tools in order to efficiently connect buyers and sellers to a large diversity of industrial materials.

What ChemConnect Does Helps buyers, sellers and traders spend less time negotiating Opens a virtual marketplace to connect buyers and sellers in real time Understands the challenges of managing complex supply chains Uses simple user-interface to allow buyers to easily bid on firms requirements

Trading Center An innovative way for Buyers and Sellers to connect via the internet. Efficiently negotiate the best price for your products using dynamic online auctions, automated selling tools, and private customer portals. Buyers can buy products more efficiently from thousands of suppliers worldwide. They currently acquire over 9000 members from both national and international companies around the world

Negotiations Solutions Bridge buyers and sellers in a fast, efficient, secure process. Allow their customers to engage in a private online auction Further negotiate long term trading contracts between buyers and sellers. Private and public auctions ChemConnect handles communication, training and coordination ChemConnect performs a spend analysis, price benchmarking study, a procurement strategy, and identify new suppliers or customers

Collaboration Hubs Integration interface into clients ERP system to extract order, planning, logistics, inventory, or billing Cost savings by reducing inventory levels, lowering administrative costs and shorten cycle times Real-Time contract fulfillment Supply Chain Automation Supplier Relationship Management Vendor Managed Inventory Inventory Management Planning and Forecasting Visibility

How it Revolutionized the Industry Buying/Selling used to be time consuming and expensive Lengthy transactions, negotiations processed quickly Optimize selling price Brings all players together in real time Finds new customers around the world Improves cash flow by expediting transactions Streamlines Negotiations Eliminates delays, errors associated with manual orders

Advantages of Independent Marketplace Encompasses the connecting, training and support of suppliers. Extracts real benefits for the Customers. Supply and Demand based marketplace, where seller determines the price. Competitive Bidding Global access Efficient negotiations

Disadvantages of Independent Marketplace Unknown Suppliers (Quality at risk) Delivery complications Reverse Logistics can be an issue Loss of Buyer-Seller relationship Heavily based on technology and other systems Time consuming

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