FOR IMMEDIATE RELEASE
A.T. Kearney Procurement Solutions and Combinenet Join Forces to Deliver Advanced
Sourcing Solutions
Advanced solutions will enable customers to easily evaluate complex sourcing criteria
while providing suppliers with flexibility to offer creative options
PITTSBURGH, PA—November 8, 2004
CombineNet, the leading provider of Web-based optimization tools and capabilities
will team-up with A.T. Kearney Procurement Solutions, a leading provider of strategic
sourcing services and technologies, to provide Advanced Solutions for strategic
sourcing, procurement and supply chain problems for Global 1000 companies. The solutions
are integrated with the Teamcenter® product lifecycle management
(PLM) portfolio from PLM industry leader UGS.
Combinatorial optimization, spend category expertise and supplier collaboration
technologies provide breakthrough benefits to sourcing," says Joseph Raudabaugh,
President of A.T. Kearney Procurement Solutions. "Adding CombineNet's analytics
to our eBreviate solutions and services and then extending it deeply into supplier
collaboration with UGS's Teamcenter platform will enable customers to efficiently
identify and evaluate supplier options and the benefits from improved specification
management. This builds a major bridge towards enabling the promise of 'design-to-source'
and brings design, engineering and purchasing together through improved analytics."
REV, CombineNet's core technology, is changing the way leading companies purchase
strategic goods and services in a wide variety of categories, including raw materials,
packaging, transportation and marketing. The highly configurable, web-based application
can be quickly deployed to create, analyze and evaluate a large number of supplier-nominated
options allowing both buyers and sellers to identify more effective supply alternatives.
Based on the world's most advanced optimization models, REV works seamlessly withand
dramatically increases the power and usefulness ofsuch existing technology investments
as ERP and eSourcing. The synergies between these technologies enable rapid visibility
and optimization of these options.
We have been working with a number of customers getting great results. REV changes
the game in terms of analytical power and speed," says Tony Bonidy, President
and CEO of CombineNet. "As product lines have proliferated so have supplier
specifications and complexity. Bringing insight into the cost of complexity and
supplier economics enables fundamental changes in the choices customers are making.
Teaming with A.T. Kearney Procurement Solutions will enable REV to be deployed against
thousands of spend categories across hundreds of customers. Their expertise and
reach with our analytic engine will be defining. The promise of extensions into
design to source with the A.T. Kearney-UGS team already has the attention of our
largest customers."
About A.T. Kearney Procurement Solutions
A.T. Kearney Procurement Solutions provides comprehensive strategic procurement
services to clients with needs that range from tactical cost savings to outsourced
strategic sourcing services to complete procurement transformation. A.T. Kearney
Procurement Solutions augments the strategic sourcing expertise of A.T. Kearney
(www.atkearney.com), one
of the world's largest management consulting firms. With a global presence that
includes more than 60 offices in 37 countries, spanning major and emerging markets,
A.T. Kearney provides strategic, operational, organizational and technology consulting
and executive search services to the world's leading companies.
About UGS
UGS is a leading global provider of product lifecycle management (PLM) software
and services with more than 3.1 million licensed seats and 42,000 clients worldwide.
Headquartered in Plano, Texas, the company promotes openness and standardization
and works collaboratively with its clients in creating enterprise solutions enabling
them to transform their process of innovation and thus begin to capture the value
of PLM. For more information on UGS products and services, visit www.ugs.com.
Sarah Holliman
A.T. Kearney Procurement Solutions
Phone: (415) 912-5441
sarah.holliman@atkearney.com
Derek Kober
Neale May
Phone: (650) 328-5555 x126
dkober@nealemay.com
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