Covisint: The evaluation of B2B

Presented by: Engross group

COVISINT

Worlds largest B2B marketplace.

Formed by Daimler-Chrysler, Ford, General
Motors On February 25, 2000.
Using business-to business applications and
communication services.
Working with manufacturers, suppliers, and
industry trade groups.

Why Covisint has prospered as a supplier of e-procurement

portals and business document data exchange rather than
as a neutral marketplace?

Reduced Supplier Communication Costs

Cost Avoidance
Reduced Operating Costs
Improved Customer and Supplier Management
Switching Costs
Ability to Attract a Large Number of Participants

Used extensively bidding.

Reducing process cost by 50%.
Reducing purchasing time by 80%.
Cuts in communication process by 60%-90%.
Developing 300 products by online.
Processing 5,00,000 document per year by electronic
document exchange system.

Purchased

by Compuware.
Introducing EDI formats like ANSI, X12 etc. to
transfer documents.
Reducing annual cost by up to 80%.
Reducing maintenance cost by 50%.

2005-2008

Used by more than 45,000 organizations in 96 countries.

Transportation of over 40 million messages annually.
Developing infrastructure boasts 99.997%.
Diversified industries including:
*Manufacturing
*Healthcare
*Aerospace
*Public sector and
*Financial services