An Overview of Fastenal s E- Business Partners and Technology Solutions for E- Procurement
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1 An Overview of Fastenal s E- Business Partners and Technology Solutions for E- Procurement Objective: To deliver to our customers an electronically enabled supply chain process that lowers Total Systems Costs for customers wishing to leverage e- procurement for direct and/or in- direct purchasing. These products and services address one or more of the seven key areas of electronic procurement as defined by Supply & Demand Executive Magazine: 1. Order and Demand Capture 2. Sourcing 3. Procurement 4. Fulfillment 5. Logistics 6. Payment 7. Customer Relationship Management Preface: The process of Business- To- Business Integration (B2Bi) through rich- formatted content, product interfaces, and seamless business processes promote the effectiveness of product acquisitions for your organization. Content: Fastenal currently offers over 400,000 part numbers in 20 product categories online through their online store at These same items can be customized and delivered in a number of different ways such as EDI, CIF, Excel and tab delimited for direct upload into your purchasing system. We will work with you to establish your catalog needs. A more dynamic content process would be Fastenal s punch out catalog solution which has over 800,000 items. Integrated through your e- procurement system, using OCI or XML, you access a site with your items and your price that allows quick search and quick procurement of the items you need to support your business. Through punch out, you can also take advantage of our evmi process, whereby quotes produced by our stores are loaded to the site for you to access and add to cart. Integration: It is the intent of Fastenal to electronically enable all business documents through its distribution network and in- store Point of Sale systems. Fastenal has done the development to automate as many of the processes possible corporately while maintaining a local person- to- person relationship with its customers. ecommercesales@fastenal.com Fastenal 12/2011
2 EDI (Electronic Data Interchange) EDI is the computer- to- computer exchange of business data, such as Purchase Orders, Invoices and Acknowledgments in a standard format. In EDI, information is organized according to a specified format set by both parties, allowing a "hands- off" computer transaction that requires no human intervention or rekeying on either end. Features: Full support of ANSI X12, EDIFACT, UCS and other standards Communication methods such as VAN, AS2 and FTP are available Fastenal supports multiple transaction types. The most common usage being the 850, 855, 856, and 810 Full integration with Fastenal Point- of- Sale, ERP and other back office application systems XML (Extensible Markup Language) XML is a versatile tagged markup language similar to HTML or SGML, but unlike its predecessors more easily enables the exchange of structured data over the Web. Features: Support a wide variety of DTD and transaction schemas Communication methods such as HTTP and FTP are available Fastenal supports cxml, xcbl, mmxml, ebxml and more Full integration with Fastenal Point- of- Sale, ERP and other back office application systems Fastenal.com features over 280,000 products presented online for browsing and purchasing. Fastenal.com contains sections on Services, Resources, Locations, and an About Us page. Ordering online is simple and the features include Custom Pricing, Fast Order Pad, Customer Part Number Ordering, Account Manager, User Manager, Spend Limits, Order Approvals, History, Usage Templates and MSDS Sheets. A powerful search engine, which includes attributes and standard fastener terminology (Ex. ¼- 20 x 1 Hex Bolt) has been developed for more accurate search results. Contact your local Fastenal representative for further information or register online independently and begin seeing the benefits of ordering online though today. 2
3 Ariba As the leading provider of Spend Management solutions, Ariba helps companies analyze, understand, and manage their corporate spending to achieve increased cost savings and business process efficiency. Ariba Spend Management Solutions comprise a unique, comprehensive blend of domain expertise, operational services, and technology that accelerate each customer's journey toward an improved bottom line. Fastenal is an Ariba Ready Platinum supplier. We utilize both CIF 3.0 Catalogs and PunchOut. Fastenal s ANID is AN listed under DUNS Infor Infor offers a full range of enterprise business software including customer relationship management, enterprise asset management, enterprise resource planning, financial management, human capital management, performance management, product lifecycle management, supplier relationship management, and supply chain management, including business specific inventory management, transportation logistics and warehouse management software. To meet customers' long- term needs, Infor Open SOA provides an evolutionary path to support continuing business and technology innovation. Perfect Commerce The Perfect Commerce solution consists of applications and services able to deliver immediate efficiencies to companies of all sizes. Perfects On- Demand applications cover every aspect of Spend Management, from spend analytics and sourcing to contract management, procurement, and invoice management. Each application works well together or in concert with any leading procurement or ERP system, including SAP and Oracle/PeopleSoft. 3
4 SciQuest SciQuest s on-demand eprocurement software gives you control and visibility to help you spend money better. Streamline catalog management, direct spend to preferred vendors, drive higher compliance with contracts, tighten control and increase visibility throughout the entire source-tosettle process. SciQuest specializes in eprocurement solutions for higher education, public sector, healthcare, and life sciences organizations. Quadrem Connect your enterprise to the Quadrem Supplier Network and automate procurement transactions with all your suppliers, many of whom may already be members of the Quadrem community. Streamline processes for procurement of stocked materials, bulk materials, catalog items, consignment or vendor- held stock and services. Enporion Enporion delivers a suite of OnDemand applications spanning the spectrum of supply chain management that includes all phases of the Forrester 8- point cycle, from sourcing to settlement. Enporion has supply chain management solutions (software, support, and professional services) to meet every need any company has for better managing its supply chain. Department of Defense EMall Department of Defense has launched an expanded Internet- based electronic catalog system known as the DOD EMALL. Shoppers include registered DOD, federal, and other authorized users worldwide. You will find Fastenal s product offerings online and available for purchase with an authorized login and password. 4
5 State of Virginia, USA Fastenal is a registered supplier on the Virginia.gov Total e- Procurement Solution website. Each Fastenal location in the State of Virginia is recognized as a fulfillment location to the state procurement departments. Fastenal also sponsors Wells Technology ( a supplier diversity supplier offering punchout technology through eva. State of North Carolina, USA Fastenal is a registered supplier on the Your Service website. Each Fastenal location in the State of North Carolina is recognized as a fulfillment location to the state procurement departments. JPMorgan Business Settlement Network JPMorgan BSN offers the premier Order- to- Pay service for global commerce that automates purchase order delivery, invoice and payment processing, and discount management. By connecting buyers with their suppliers across a secure settlement network, the service automates transaction processing and optimizes working capital. OB10 OB10 is the leading global business- to- business electronic invoicing network, used in more than 90 countries. The OB10 e- Invoicing network simplifies and streamlines invoice- to- pay processes between companies and their suppliers. 5
6 IBM Maximo Asset Management software provides comprehensive asset life cycle and maintenance management for all asset types on a single unified platform. P2PSolutions P2PSolutions is a company that provides a menu of services across the procurement to payables process all focused to drive down your costs of doing business while providing the access to value- added technical and customer service support. Our purpose at P2P is to drive efficiency and, as a result, provide the lowest total cost of ownership for the buyer while maintaining the highest levels of supplier technical support involved in a managed supply chain. Hubwoo Hubwoo enables the purchasing departments of the world s largest companies to focus on their strategic mission of managing supplier relationships, and to optimise and improve the performance of their purchasing processes, from sourcing to invoicing, using an integrated suite of processes and services delivered in the form of Software as a Service (SaaS). Verian Verian Technologies helps midsize and large organizations reduce costs, gain organizational control over spending and improve regulatory compliance through implementation of their Purchase- to- Pay and Invoice Automation suites that include software modules for invoice management, e- procurement, expense reimbursement management and asset management. 6
7 Puridiom Puridiom is a leading provider of cutting edge Procure- to- Pay Spend Management solutions. Our first product, PC Procurement, was one of the first applications designed for a PC- based environment addressing many procurement inefficiencies; a huge innovation that revolutionized the way businesses manage their spend today. By using our innovative technology, Puridiom enables organizations to improve their overall performance and continually meet the evolving challenges they face in the areas of procurement, sourcing, payables, and fulfillment. Vinimaya The ViniSyndicate Catalog Integration System (CIS) operates by providing users with a single aggregated GUI, compare features, purchasing lists, and saved carts. Currently, Fastenal receives cxml punchout set- up requests from 3M and Sunoco through the Vinimaya solution. eplus eplus inc. empowers customers to maximize productivity, efficiency, and cost savings through the best people, practices, and knowledge in the technology industry. We accomplish this by providing access to world- class IT products and services, top level manufacturer certifications, flexible lease financing, software and patented business processes. Through this comprehensive offering, eplus delivers the choices, tools, and value for organizations to optimize their IT infrastructure and supply chain processes. 7
8 Basware Basware is the global leader in Enterprise Purchase to Pay and Financial Management solutions. Over 850,000 users depend on Basware software to automate business- critical financial processes. Founded in 1985, Basware Corporation is a public company listed on the Helsinki Stock Exchange. Proactis Proactis Group is a leading provider of Spend Control and eprocurement solutions with more than 350 corporate customers in over 70 countries around the world. PROACTIS next generation software is designed to help organizations of all sizes in the public sector, education, and services industries, as well as indirect purchasing functions within commercial companies to better control spending while streamlining the entire procurement process. Going well beyond simple requisition systems, PROACTIS provides automation and control for the entire procurement process, including Purchase- to- Pay for routine items, as well as strategic and capital goods/services sourcing, contract management, and supplier communications. BirchStreet BirchStreet Systems supplies hotels and other firms in the hospitality industry with e- procurement and purchasing software and services. Based in Newport Beach, California, BirchStreet provides procurement software and support for hotel clients around the world. The BirchStreet purchasing suite includes key hospitality functionalily for inventory, AP automation, capital projects, analytics, and food cost management. Automate, measure, and control your procurement. Oracle Fastenal has integrated with several of the products now under the control of Oracle. Fastenal has integrated through PeopleSoft 8.8 for multiple Ship To addresses using cxml via the Direct Connect SRM feature. In addition, we have order receipt and invoice presentation happening through isupplier. Fastenal utilizes its FastConnect, punchout enabled website, for use with Models 2A and 2B within the transparent punchout solution through Oracle. Fastenal is an active supplier on the Oracle Supplier Network, and their E- Business Suite on Demand. 8
9 SAP Fastenal provides Open Catalog Interface functionality to work with SAP s Supplier Relationship Management (SRM) module. Through FastConnect, our punchout enabled website, buyers are able to see selective products and the contracted prices. Orders can then be sent via Fax, , EDI, or XML as systems permit. At Fastenal we offer global e- commerce solutions backed by dedicated local store service to help you drive down costs associated with excess inventory, stock- outs, and inventory management. Fastenal Solutions are part of our ongoing commitment to provide solutions that help you conduct more efficient transactions and gain new insight and control over your supply chain. FAST Scan provides you with the tools and time saving benefits of our popular Vendor Managed Inventory solutions. If you're interested in the benefits of a Vendor Managed Inventory system but want the control of doing the scanning, approval, and ordering yourself, then FAST Scan is for you. FAST 5000 is a secure, fully- automated Fastenal store right in your location. Fastenal's exclusive FAST 5000 service provides you with the latest online Industrial Vending Technology. Local Fastenal Store personnel manage the inventory for you and keep your FAST 5000 stocked. Best of all, you only pay for the products you use. FAST Scale can help you optimize the inventory levels throughout your production process. By tracking products by bin, this system will reduce your overstock issues and guarantee that inventory will be there for your critical items. It's simple and, most importantly, it works. 9
10 FAST Crib is a lean, web- based just- in- time e- procurement and inventory management solution that enables customers to cost effectively control tool & supply inventories while managing multiple suppliers. It offers 576,000 Fastenal items ready to be automatically scanned into your database for ease of ordering. To learn more, please contact your local Fastenal store, visit us online at Fastenal E Business Solutions or ecommercesales@fastenal.com 10
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