BURLINGTON, Mass., June 11, 2003 - Emptoris, Inc., a leading provider of sourcing solutions that support the end-to-end strategic sourcing needs of Global 5000 companies, today announced the initiation of the Emptoris Trade Up Program to enable companies using other e-solutions to easily and quickly transition to Emptoris’ suite of strategic sourcing solutions. As part of the program, Emptoris will provide an evaluation of a potential customer’s functional and technical requirements – free of charge – in order to determine the best way to upgrade and preserve the company’s up-front software investment in its current sourcing solution.
The launch of the Emptoris Trade Up Program is in response to numerous inquiries from Fortune 5000 companies that are unhappy with the performance of their current strategic sourcing solutions. These companies stated that they are not satisfied with the level of savings they have been able to achieve with their current solution, and would like a more comprehensive sourcing platform that will allow them to source a greater percentage of their overall spend online. The Emptoris Trade Up Program enables these companies to upgrade to a superior sourcing platform while offering them incentives to recoup some of the cost of their current e-sourcing solution. A number of leading manufacturers have already transitioned to the Emptoris Sourcing Portfolio after using products from sourcing vendors such as Free Markets and eBreviate.
Using the Emptoris Sourcing Portfolio, a suite of Web-based strategic sourcing solutions, companies are able to source a wide range of both direct and indirect spend categories, guarantee the lowest total cost of ownership, and automate the entire strategic sourcing process. The end result is lower costs, shorter sourcing cycle times and better internal sourcing expertise.
“As companies move more and more of their total purchasing spend online, they are quickly seeing the limitations of their current e-sourcing solutions,” said Avner Schneur, President and CEO, Emptoris. “The Emptoris Trade Up Program enables these companies to easily make the transition to the most comprehensive e-sourcing solution on the market today without losing their initial e-sourcing investment. When companies invest in our strategic sourcing software, we promise them hard dollar savings and a total e-sourcing solution that can address everything from simple, indirect purchases to complex direct materials sourcing. We look forward to delivering on this promise to a score of new customers as a result of the Emptoris Trade Up Program.”
Companies that want to take advantage of the Emptoris Trade Up Program should contact Emptoris at 781-993-9212, ext. 198. For more information, please click here.
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 cycles and total sourcing program visibility. Emptoris, a privately held company, is headquartered in Burlington, Massachusetts.
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