MIRACULUM XCHANGE

Miraculum Xchange is an Internet-based business-to-business electronic marketplace that enables electronic procurement of indirect goods and services, specifically maintenance, repair and operations (MRO) goods. Through the facilitation of online transactions, Miraculum Xchange lowers costs and reduces cycle times for all trading partners. Offering a comprehensive online assembly of buyers and suppliers, Miraculum Xchange provides unmatched business benefits for all members of the trading community. Powered by Oracle's Exchange platform, the Miraculum Xchange marketplace will dramatically impact the way buyers and suppliers work together. Miraculum Xchange delivers a compelling value proposition to all retailers, distributors, wholesalers, manufacturers and their trading partners: Reducing overall costs in procurement, inventory, capacity, and logistics; Enabling efficient and responsive supply chain management & optimization; Facilitating innovation and speed to market through collaborative product and project development. By focusing on making the economics of buying and selling more efficient, Miraculum Xchange achieves significant cost savings for these participants. The tools within Miraculum Xchange allow for a greater share of business to be more easily conducted across an MRO supply chain. This new business model enables a more efficient, responsive supply chain, providing trading partners with global visibility to demand and supply, enabling real time collaboration and information exchange. Miraculum Xchange allows buyers and suppliers to capture cost savings by enhancing strategic sourcing of all goods and services. Taking advantage of the inherent cost savings associated with Internet-based transactions, the new model will promote procurement efficiencies and allow purchasing professionals to focus on product quality, supplier competitiveness, performance, and time to market. To download the product overview click here Miraculum Xchange Case Study: Old Mutual FAQ Procurement Links

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