Budd is a leading supplier of fiberglass-reinforced composite compounds and molded products to major automobile, truck, and engine manufacturers. With annual revenues of $2.5 billion, The Budd Company produces products for more than 100 current new vehicle models sold in North America.
The Ventro contract expands on an initial installation that currently enables Budd Plastics to collaborate with 50 suppliers throughout North America. The Budd Company Plastics Division is a worldwide leader in sheet molding composite (SMC) technology and manufacturing, and produces a variety of SMC ‘Class A’ surface panels, structural members, and engine components. Using the Ventro solution, Budd has a secure information management and communications online site that enables diverse teams of suppliers, partners, customers, and manufacturers, located across multiple organizations and geographic regions, to electronically interact and exchange data throughout the design process.
We had very high expectations for the Ventro collaborative commerce solution, and Ventro has exceeded those expectations, stated Tracy Carzoli, Program Manager, Budd Plastics. We were seeking an innovative collaborative solution that would help us streamline our program management process across our supply chain, and would give us the security and control over the programs that we needed. The Ventro solution fits the bill.
SOURCE: COMPANY PRESS RELEASE
