The document discusses improving business-to-business (B2B) processes in the global steel industry. It notes that the industry has seen consolidation through mergers and acquisitions. Adoption of B2B technologies has been slower than in other industries. OpenText software provides a single integration point and managed services to help steel companies consolidate legacy systems, improve visibility of steel shipments globally, and automate paper-based processes to increase sustainability. A case study highlights how a large European steel producer consolidated multiple B2B platforms onto OpenText to improve connectivity with its 400 trading partners worldwide.
Over the past few years GXS has undertaken a number of research studies to help validate the return on investment for deploying a Managed Services based B2B environment. One of our latest report from the Supply Chain Management Forum at Stanford University, released earlier this year, highlighted that 96% of respondents said that Managed Services added significant value to their overall B2B integration programs. - 68% agreed that Managed Services helped improve the efficiency of on-boarding new customers- 59% agreed that Managed Services helped enable a reduction in B2B integration costs- 74% agreed that replacing capital expenditure with a monthly fee was valuable to their business- 59% agreed that Managed Services helped to better meet/respond to change in customer requirements