Fast orders in Internet marketplace

SKF will launch an e–business network to connect industrial buyers and suppliers over the Internet. Called Endorsia.com, the new network will provide SKF customers, primarily industrial distributors, with comprehensive online support for SKF products and services. Other services include real–time access to technical information, product availability, delivery times and commercial terms and
conditions.

   Endorsia.com will reduce all participants' costs through faster, more efficient order handling, inventory management and logistics. SKF will also make the site available to other manufacturers of high–quality branded products and services.

   ”We believe this is also an excellent opportunity for our distributors to offer their customers an

   e–business solution,” says Phil Knights, president of SKF's Service Division. “It strengthens the distributor's position and provides the final customers with the benefit of cost–effective procurement. This is a key initiative to support our after–market business.”

   ”Endorsia.com is an exciting initiative that will open up new possibilities for Dow Corning and we look forward to participating,” says Håkan Svensson, European distribution manager for Dow Corning, which manufactures lubricants and speciality products with brands such as Molykote. “We encourage our distributors and customers to join this new
marketplace.”