Manufacturing Industry
Converge Brings Fujitsu Aboard
Electronic News, June 18, 2001 by Rob Spiegel
CONVERGE INC., THE PEABODY, MASS.-BASED ELECTRONICS industry e-market consortium, announced last week that Tokyo-based Fujitsu Ltd. would begin procuring semiconductors and electronic products on the open market through Con verge's global trading services. Converge will provide Fujitsu with its open-market matching system and trading platform. Fujitsu will use its ProcureMART Order EDI to route orders through Converge's hub directly to Converge's network of more than 300 traders worldwide. The goal is to help Fujitsu better manage volatile supply-and-demand imbalances.
"Through our connection with Fujitsu, we'll extend the value of our trading service to their supply web, and we look forward increased collaboration between Fujitsu and the rest of Con verge's trading members," said Bob Lewis, chief executive officer of Converge.
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