BURLINGTON,
Mass., October 1, 2001 - Emptoris, Inc., a leading provider
of collaborative strategic sourcing solutions, today announced that
it was cited as a "key vendor" of business acquisition
technology for automobile suppliers in a September report from Forrester
Research. The report, entitled "Auto Suppliers Strike Back,"
details the investment and use of eBusiness technologies in the
auto supplier market. The report was written by Forrester Analyst
W. Daniel Garretson.
In
the report, Garretson lists three eBusiness processes that are
essential for auto suppliers: business acquisition, product design
collaboration and supply chain visibility. Garretson cites Emptoris
as a key technology vendor in the business acquisition process,
which includes activities such as receiving and analyzing OEM
Request for Proposals (RFPs), prioritizing opportunities and determining
optimal pricing. When discussing the importance of the business
acquisition category, Garretson states "By managing the business
acquisition process better, firms will improve their probability
of winning bids and increase margins on awarded contracts."
"Being
named a key auto supplier technology vendor by Forrester Research
is further evidence that our ePASS collaborative sourcing platform
provides significant value for both buyers and suppliers,"
said Avner Schneur, president and CEO of Emptoris. "Combining
advanced collaborative, workflow and optimization-based decision
support capabilities, ePASS is setting the standard for e-sourcing
solutions by creating an online environment where buyers and suppliers
can efficiently work together to make the best possible deals."
About
ePASS
By implementing Emptoris' ePASS, multiple purchasing organizations
across an enterprise can efficiently aggregate and disseminate
their sourcing needs to their primary suppliers. Using ePASS'
collaborative sourcing capabilities, primary suppliers can interact
with other suppliers to quickly respond to the buyers' overall
demand. Through ePASS' optimization-based decision support technology,
buyers can quickly analyze all purchasing scenarios through scientific
algorithms to come to the optimal supply base allocation. Combining
advanced collaboration, sourcing event management and decision
support capabilities, ePASS enables enterprises to streamline
the strategic sourcing process, determine the optimal supply base
allocation, and forge tighter buyer/supplier networks, allowing
buyers to lower the total cost of ownership while enabling suppliers
to differentiate themselves through product criteria, historical
performance and flexible pricing structures.
About
Emptoris, Inc.
Emptoris is a leading provider of collaborative strategic
sourcing solutions that support the end-to-end sourcing activities
of multi-tier buyer/supplier networks. By implementing ePASS™
(Electronic Procurement Application for Strategic Sourcing), enterprises
can streamline the strategic sourcing process, determine the optimal
allocation of business among suppliers, and forge tighter buyer/supplier
networks. Through a functionally rich sourcing and communications
platform, ePASS facilitates efficient buyer/buyer, buyer/supplier,
and supplier/supplier collaboration. Key benefits include lower
costs, shorter sourcing cycles, and improved sourcing productivity.
Emptoris, a privately held company, is headquartered in Burlington,
Massachusetts.
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