Occidental Selects ChanneLinx as Technology Partner
Occidental Petroleum Corporation has selected ChanneLinx as its technology partner to build an online business network for customer and supplier collaboration.
By utilizing the ChanneLinx WebDI(TM) solution, Occidental will streamline interaction with its suppliers to reduce procurement costs. In addition to automating supplier-based transactions, Occidental will use WebDI to provide an open platform for exchanging electronic transactions, such as purchase orders, ship notices, invoices, inventory reports, and other documents, with its customers. The unique WebDI service will allow data to be exchanged without regard to the type of systems being used by Occidental's customers or suppliers.
"We selected WebDI because of its proven track record in the oil and gas industry," says Dana Fleming, Applications E-Business Coordinator for Oxy Services, Inc. "WebDI provides an outsourced solution for electronic communication with our suppliers and customers that allows us to eliminate the high cost of VAN-based transactions and the annual maintenance and support fees associated with traditional EDI. We just completed a pilot program with suppliers in the Permian Basin and connected almost 100 trading partners in fewer than 30 days, and are currently working on the second phase of this project. We have selected ChanneLinx as the sole business partner for electronic transactions for all of Oxy. This includes Occidental Oil and Gas Corporation, Occidental Chemical Corporation, and Occidental Energy Marketing Incorporated (OEMI)."
WebDI automates manual business processes and eliminates much of the paper that companies send and receive. WebDI accepts data in practically any format, translates that information to the format required by the receiving company, and can deliver the information directly into a back-office system. Companies can exchange electronic information with business partners who use traditional VAN-based EDI, ASCII, newer protocols like Microsoft Biztalk and cXML, or proprietary formats like SAP's IDOC and Baan's BEF. WebDI is used extensively throughout the oil and gas industry, creating an interconnected community of companies who can do business with each other electronically.