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EMPTORIS PARTNERS WITH CAP GEMINI ERNST & YOUNG US LLC TO DELIVER INTEGRATED E-SOURCING BEST PRACTICES

Combination of Best-of-breed Software and Industry-leading Services Enables Companies to Accelerate and Institutionalize Strategic Sourcing Programs


Burlington, Mass., March 24, 2003 – Emptoris, Inc., a leading provider of sourcing solutions that support the end-to-end strategic sourcing needs of Global 5000 companies, today announced that it has partnered with Cap Gemini Ernst & Young U.S., LLC (CGE&Y), one of the world's largest management and IT consulting firms, to deliver Best Practice Packs that enable companies to jump start their e-sourcing programs and improve their speed-to-value.

A collaborative effort between Emptoris and CGE&Y, Emptoris’ Best Practice Packs provide process, content and service support for sourcing specific commodity categories. By seamlessly integrating CGE&Y sourcing practice experience and services with Emptoris’ best-of-breed sourcing software, the Best Practice Packs provide the following benefits:

  • Increases speed-to-category by reducing setup time and leveraging sourcing expertise across all categories throughout the enterprise
  • Enables repeatable/measurable sourcing programs
  • Provides an excellent baseline of documents and processes that speed organization learning and best practices adoption
  • Improves an organization’s capacity to strategically source more spend

“The Emptoris Best Practice Packs are unique in that the offering is first-to-market in delivering category-specific domain knowledge as an integrated part of an e-sourcing suite,” said Ken Gottesman, Vice President, Sourcing and e-Procurement of CGE&Y. “Through our alliance with Emptoris, we can provide companies with best-of-breed sourcing software and industry-leading services in order to institutionalize sourcing best practices across the enterprise. Companies employing the Best Practice Packs will be able to rapidly deploy these best practices across a wide range of categories, resulting in dramatic efficiencies throughout the sourcing process.”

“The scope, depth, and global reach of CGE&Y 's Sourcing & eProcurement capabilities are unmatched in the consulting industry,” said Greg Cudahy, Vice President, Global Supply Chain leader of CGE&Y. “By creating and delivering industry leading sourcing Best Practice Packs, procurement organizations can utilize best practice knowledge templates to enable rapid knowledge capture, faster project deployment, greater program consistency, and quick online access to sourcing expertise. CGE&Y is excited to provide enterprise customers with the greatest value on goods and services purchased.”

In addition to providing specific content for the Best Practice Packs, CGE&Y provides standard services to customize and configure the packs to customers’ specific sourcing program requirements. Standard services also include assistance with deployment planning, eSourcing strategy and system roll-out to speed up the implementation of the Best Practice Packs.

“As companies see the tremendous cost saving benefits of e-sourcing, one of the problems they face is how to get more of their buying teams up and running online,” said Avner Schneur, President and CEO of Emptoris. “By teaming up with CGE&Y to deliver Best Practice Packs, we are enabling companies to dramatically increase speed-to-category to ensure that the entire enterprise is benefiting from e-sourcing savings.”

About Cap Gemini Ernst & Young Group
The Cap Gemini Ernst & Young Group is one of the world's largest providers of Consulting, Technology and Outsourcing services. The company helps businesses implement growth strategies and leverage technology. The organisation employs approximately 52,700 people worldwide and reported 2002 global revenues of more than 7.04 billion euros. More information about individual service lines, offices and research is available at www.cgey.com.

About Emptoris
Emptoris is a leading provider of sourcing solutions that support the end-to-end strategic sourcing needs of Global 5000 companies. By implementing the Emptoris Sourcing Portfolio, a suite of Web-based sourcing solutions, enterprises can quickly deploy sourcing best practices across the enterprise, automate all strategic sourcing processes and determine the optimal allocation of business among suppliers. Key benefits include lower costs, shorter sourcing cycle times and better internal sourcing expertise. Emptoris, a privately held company, is headquartered in Burlington, Massachusetts.

 
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