News Article
CAE online drives FOA surplus equipment marketplace
CAE Online has announced that the Fab Owners Association (FOA) has implemented the CAE Intranet Asset Exchange Portal as its private-label online marketplace for the exclusive use of FOA members. The FOA Trading Board relies on CAE's portal to give;FOA members their own sales and purchasing marketplace for used semiconductor equipment. ;
Incorporating technology and functionality developed by CAE Online as a result of more than two decades of experience running a surplus semiconductor equipment marketplace, the Portal can be used for similar exclusive market environments, such as single companies with multiple facilities or groups, as the FOA is doing. At the heart of the FOA Trading Board is CAE's interactive marketplace where FOA members can trade, purchase and sell surplus capital equipment.Daily and weekly reports to members show available surplus and current requirements throughout the organisation. No fees are charged on internal transactions for recently listed surplus and requirements. CAE Online will automatically market unsold FOA Trading Board member assets and unfilled member requirements to CAE Online's entire universe of buyers and sellers, based on user-defined schedules."We are pleased to have launched the Trading Board for the FOA, the first implementation of CAE Online's Intranet Asset Exchange Portal," said KeithLeClaire, CAE Online CEO. "It provides several benefits for FOA members by creating visibility between member companies regarding equipment requirements and available surplus assets throughout the organisation. The FOA Trading Board enables the membership to save time and money by facilitating internal equipment sales, purchases and trades." "By providing a central point for members to readily market surplus assets to one another, the Trading Board pays ongoing dividends for FOA members," said L.T. Guttadauro, executive director of the FOA. "It provides a pool of potential customers as well as providing an easy mechanism to accelerate purchases. We expect that our members will save time and money using thesystem."
