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sectionM-7.txt
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1992-11-04
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FAST - A Computer Network Broker for Standard Electronic Parts
_A_d_d_r_e_s_s:
The FAST Project - USC/ISI
P.O. Box 10907
Marina del Rey, CA 90295-8831
_E-_m_a_i_l: FAST@ISI.EDU
_P_h_o_n_e: (310) 822-1511
FAX: (310) 823-1482
_D_e_s_c_r_i_p_t_i_o_n
FAST is a prototype, automated broker for standard, off-
the-shelf items. Electronic and optical parts and com-
ponents and laboratory and test equipment are readily pur-
chased through the FAST service.
FAST is ONEstop shopping. It is a complete value-added ser-
vice that handles quoting, ordering, expediting and returns.
One purchase order with FAST allows customers to acquire
items easily and quickly from a very large vendor base.
The FAST broker currently serves more than 100 university,
commercial and government customers. As of June 1992, it
had acquired items from over 1,500 suppliers.
FAST's customers request quotes and place orders from FAST
via EDI (Electronic Data Interchange - standard email or EDI
X12). FAST sources (often in a fully automated fashion)
incoming rfqs and redistributes them to vendors who carry
the requested items.
FAST communicates with its vendors using EDI (standard email
or EDI X12) or fax. All vendor responses are collected by
FAST and sent back to the customers via EDI. The customers
pick the best quote/item and place the order from FAST via
EDI. FAST sends EDI orders for the items to the vendors.
The vendors invoice FAST and customers reimburse FAST.
_________________________
The information in this section is provided in accor-
dance with the copyright notice appearing at the front
of this guide.
July 17, 1992 NNSC Section M.7, Page 1
FAST also offers a one-step quote-and-order option, where
the customer specifies what selection criteria FAST should
use when evaluating incoming vendor quotes. The "best"
quote is then automatically turned into an order by FAST.
Customers are charged an 8% service fee (8% of the cost of
the merchandise acquired through FAST) for the service.
_N_e_t_w_o_r_k _A_c_c_e_s_s
FAST can be accessed via email over the Internet
(FAST@ISI.EDU) or via EDI X12 over any commercial VAN (Value
Added Network).
_W_h_o _C_a_n _U_s_e _F_A_S_T
The service is open to anybody who can establish a blanket
purchase order with FAST. Under certain circumstances FAST
requires the blanket purchase order to be accompanied by
prepayment. Please send a message to FAST@ISI.EDU contain-
ing the lines
REQUEST: INFORMATION
TOPIC: INTRODUCTION
REQUEST: END
for further information about how to use the service and on
how to establish a FAST account.
_M_i_s_c_e_l_l_a_n_e_o_u_s
For further information about FAST, please contact:
Anna-Lena Neches or Robert Wormuth
The FAST Project - USC/ISI
P.O. Box 10907
Marina del Rey, CA 90292-8831
Phone: (310) 822-1511
Email: FAST@ISI.EDU, ALNeches@ISI.EDU, Wormuth@ISI.EDU
July 17, 1992 NNSC Section M.7, Page 2