On July 25, Fourth Shift Corporation and SupplierMarket.com announced a partnership that will enable purchasing professionals to locate ideal trading partners, submit RFQs for new contracts, and receive the results of reverse auctions, all from their familiar Fourth Shift vendor operations, manufacturing planning and scheduling, and product definition screens. Earlier, on July 18, Fourth Shift Corporation reported a loss of $.37 per share for the second quarter ended June 30, 2000.
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Shift in a long list of an enterprise application selection to lower-end of the mid-market companies, which have limited IT budget and conservative IT strategy, and have significant discrete job shop manufacturing, CRM, supply chain and B2B e-commerce requirements. The industries that would most likely benefit from using Fourth Shift 7 are electronics, computers, machinery, fabricated products, and medical devices. Customers should insist on a contractual timeframe for delivery of a solution, and seek