Transportation Industry

Net sale for Siemens parts.(Siemens Transportation Systems Inc. launches business-to-business application for rail industry)(Brief Article)

Asia Pacific Rail, November, 2000

Siemens Transportation Systems have launched `Rail Mall' an Internet based spare parts shop for rolling stock in the Internet, which they claim is the first business-to-business Internet application in the rail industry

It will be possible to draw from stocks and order spares online "business to business". Due to the increased concentration of electronic business transactions, processing costs in sales and order processing can be reduced by up to 30 percent over the mid term, according to Siemens.

"Today, approximately 50 percent of all our components and systems are suitable for e-business", said Herbert H. Steffen, President of the Transportation Systems Group of Siemens "in future, the realization of e-business solutions will be a defining...

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