September 16, 2008 -
OnCall Truckload and OnCall Ocean, delivered via Advanced Sourcing Application Platform, provide sourcing teams with solutions for enabling application of advanced sourcing and optimization technologies. Functions include Expressive Bidding®; Optimized Scenario Analysis, which lets sourcing teams evaluate proposals alongside business rules, constraints, and preferences; scenario reports; event management tools; and Web-based training for buyers and suppliers.
CombineNet Releases New Easy-to-Use Optimized Sourcing Solutions for Fast Deployment and Quick ROI
OnCall Sourcing Solutions put industry-leading optimization capabilities into the hands of sourcing teams with ready-to-deploy best practice advanced sourcing products that drive fast results
PITTSBURGH, Sept. 9 / / - CombineNet Inc., the leading provider of advanced sourcing & optimization technologies, today announced the availability of the first two products in its line of OnCall Sourcing Solutions, a series of optimized sourcing products that combine world-class advanced sourcing technologies with category specific best practices for fast, easy deployment by sourcing teams. Delivered via CombineNet's Advanced Sourcing Application Platform (ASAP), OnCall provides sourcing teams with prepackaged solutions that enable easy application of advanced sourcing & optimization technologies to a broad selection of strategic spend categories that are underserved by basic e-sourcing tools.
"CombineNet has built a solid reputation for providing the industry's most powerful advanced sourcing technologies for the most innovative companies," said CombineNet CEO Tony Bonidy. "The experiences of our customers and the continuous improvement of our technological capabilities has helped drive the maturation of the e-sourcing marketplace to the point where our customers, and their peers, clearly understand the key role that optimization plays in advanced sourcing strategies. We are proud to offer our OnCall Sourcing Solutions as an answer to their calls for broader adoption of CombineNet technology with easy to use products that provide best in class technology with best practice knowledge."
OnCall Sourcing Solutions leverage CombineNet's extensive expertise in creating and managing advanced sourcing projects for the largest, most innovative companies in the world. The result is the packaging of best practice templates for supplier assessments, expressive bid collection, "what if?" scenario analysis, and scenario reports, tailored to specific spend categories. OnCall combines these best practices with ASAP's Expressive Bidding®, Optimized Scenario Analysis, and robust Reporting capabilities, and rounds out the easy-to-use products with Event Management tools and extensive training programs for sourcing teams and suppliers.
The first OnCall Sourcing Solutions available are OnCall Truckload and OnCall Ocean. CombineNet has built these solutions with the knowledge it has accumulated through the sourcing of more than $20 Billion worth of truckload and ocean freight transportation for dozens of Fortune 500 CPG, food & beverage, manufacturing, and retail companies. Additional transportation categories will be available in early 2009, to provide a complete suite of transportation sourcing products. OnCall Sourcing Solutions for other spend categories, including commodities, packaging and services are also planned, to help companies more easily apply advanced sourcing & optimization technologies to other strategic spend categories.
"We recently completed our first global ocean freight tender with CombineNet's OnCall Ocean Sourcing Solution, our first use of this type of advanced sourcing technology at Easton-Bell Sports," said Lewis Hornsby, VP of Global Transportation & Logistics for Easton-Bell Sports, Inc. "OnCall Ocean provided the power and flexibility we needed to dedicate a single logistics team member to manage an ocean tender project across three distinct business units representing our global ocean shipping network. Being in the driver's seat to source our ocean freight using CombineNet's world-class technologies was fast and easy, and our results were outstanding."
Key Features/Functionality of OnCall Sourcing Solutions
- Expressive Bidding(R) - enables suppliers to put their best foot
forward, using alternatives, conditional offers, volume and tiered
pricing, and packages to provide lower-cost options for buyers
- Optimized Scenario Analysis - enables sourcing teams to evaluate
supplier proposals alongside their business rules, constraints and
preferences, to find the optimal solution for balancing cost and value
- Scenario Reports - A wide variety of reports that analyze hundreds of
thousands of scenarios enables buyers to understand the cost impact of
award decisions, stakeholder preferences, and supply strategies.
- Event Management Tools - Enable sourcing teams to set up and manage
advanced sourcing events from beginning to end
- Flexible Training - Web-based training for buyers and participating
suppliers get sourcing teams up and running in approximately one business
day to deliver quick ROI for their strategic spend categories
Key Benefits of Faster, Easier to Use Optimized Sourcing Solutions
- Absolute best cost the market can provide through Expressive Bidding
- Finding the right balance of cost and supply chain value
- Complete understanding of the cost impact of sourcing decisions,
business rules and stakeholder preferences
- Strong supplier relationships
- Fast time to market and quick ROI
- Easy initiation into Advanced Sourcing techniques and technology
- Regular bidding and re-optimization as conditions change
CombineNet's OnCall Truckload and OnCall Ocean Sourcing Solutions will premiere at the CSCMP conference in Denver, Colorado, October 5-8. CombineNet will be giving demonstrations on how OnCall is easy to use, fast and effective. Attendees can see first hand how CombineNet's OnCall Truckload and OnCall Ocean are changing the game in the delivery of optimized sourcing technologies.
CombineNet, the advanced sourcing technology company, helps companies achieve the absolute best value and lowest total cost of ownership for goods and services. CombineNet's Advanced Sourcing Application Platform enables companies to engage in Expressive Commerce(TM), the strategic sourcing initiative that allows buyers and sellers to communicate supply and demand more expressively, collaboratively and strategically. The result is a win-win for both buyer and supplier, where greater innovation and efficiency are driven into the supply chain. CombineNet's ASAP consistently produces 10, 15, even 20 percent greater actual cost savings than other e-sourcing solutions, and has delivered more than 45x ROI for the largest businesses in the world including General Mills, PepsiCo, Procter & Gamble, Siemens and others. For more information, visit www.combinenet.com.
Source: CombineNet, Inc.
CONTACT: Greg Holt of CombineNet, Inc., +1-412-471-8200, gholt@combinenet.com
General Information:
Greg Holt
USA
Phone: 412-471-8200 E-mail this person Company Information: Name: CombineNet, Inc. Address: Fifteen 27th St. City: Pittsburgh State: PA ZIP: 15222 Country: USA Phone: 412-471-8200 FAX: 412-471-8787 http://www.combinenet.com
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