FOR IMMEDIATE RELEASE
Supply Chain Expert Scott Allen Joins CombineNet Business Board of Advisors
PITTSBURGH, PA—December 15, 2003
CombineNet today announced that Scott Allen, former chief procurement officer of
H.J. Heinz Company, has joined its Business Board of Advisors. Scott Allen is a
25-year veteran of procurement and logistics and brings his expertise of the food
industry to CombineNet.
Scott helped save Heinz millions in e-procurement and will bring a great customer
perspective to our advisory board," said Tony Bonidy, CEO of CombineNet. "Having
been part of the food industry for so many years, Scott is a great addition to the
Board. We look forward to his expertise as we increase our leadership in providing
decision-guidance systems for the sourcing of strategically important and/or complex
spends."
CombineNet's Decision-Guidance Systems utilize patented, combinatorial optimization
technologies to provide better answers to high-impact strategic business problems.
The Business Board of Advisors is comprised of industry experts from business and
academia, brought together to counsel CombineNet in its strategic direction and
in the development of its procurement and sourcing applications.
Scott Allen has 25 years of experience in procurement, working his way up through
the food industry, holding positions at Carnation Company, Star-Kist Foods/Heinz
Pet Products, Nestle Foods, and most recently H.J. Heinz. As chief procurement officer
at H.J. Heinz, Allen was responsible for $5 billion in annual direct materials,
indirect materials, and services spending. He led the global procurement business,
centralizing procurement organizations and facilitating 10 percent savings globally.
Through my years in procurement many technologies have come and gone. I've worked
with multiple software vendors and have seen how CombineNet complements these offerings
to maximize savings which would not be possible otherwise," said Scott Allen.
"I'm excited to be part of CombineNet's Business Board of Advisors and to join
the caliber of people they've assembled. CombineNet offers its customers a solid
value proposition and is quickly building its presence in a number of industries
such as food, automotive and consumer-packaged goods to name a few."
Through Expressive Bidding®, CombineNet creates a truly free market
exchange where buyers receive greater savings and suppliers are able to show their
unique capabilities. By enabling expressive competition, enabling a richer interaction
between suppliers and buyers, CombineNet is changing the way companies source large
spends on materials, services and transportation.
About CombineNet
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™, 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.
Media Contacts:
Greg Holt
CombineNet Inc.
Director of Marketing
Phone: 412.471.8200
gholt@combinenet.com