FOR IMMEDIATE RELEASE
CombineNet Congratulates the United States Postal Service Supply Management Organization
for their Prestigious Award at ISM's Annual Conference
USPS Receives the R. Gene Richter Award for Leadership and Innovation in Supply
Management
PITTSBURGH, PA — May 12, 2009
CombineNet extends heartfelt congratulations to the U.S. Postal Service’s supply
management organization for its recognition in the field of supply management technology
by the Institute for Supply Management. The U.S. Postal Service has been awarded
the ISM R. Gene Richter Award for Leadership and Innovation in Supply Management
for its use of optimization technologies to drive better sourcing decisions and
significant cost savings across the organization. The U.S. Postal Service team accepted
the award at a special luncheon during the ISM Annual Conference in Charlotte, NC,
last week.
We are extremely proud of the entire supply management team at the Postal Service
for their recognition by such a large and respected organization as ISM. We congratulate
the entire Postal Service team for their innovation and leadership, and for the
impressive results that they have created through strategic supply management,"
said Tony Bonidy, President and CEO of CombineNet.
This is the second award bestowed upon the U.S. Postal Service for their innovative
use of sourcing optimization technologies, having been awarded the Global Supply
Management Award at the 2007 Aberdeen CPO Summit. Both awards have recognized the
significant savings the U.S. Postal Service has achieved through the use of sourcing
optimization technologies to provide flexibility to suppliers to reduce costs and
Optimized Scenario Analysis to understand the cost impact of sourcing decisions
and arrive at the optimal balance of cost and value.
The CombineNet Advanced Sourcing Application Platform (ASAP) is a Web-based, Software-as-a-Service
(SaaS) technology solution that provides industry-leading optimization technology
to solve complex strategic sourcing and supply allocation problems. CombineNet ASAP
is changing the way organizations source a wide variety of strategic spend categories
by providing the ability to quickly analyze innovative, expressive supplier proposals
in the context of their business constraints, goals and preferences.
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