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SOURCE CombineNet, Inc.
Advanced cost models, supplier bidding rules, and events having multiple item types among new features enabled to support greater variety of sourcing strategies
PITTSBURGH, Feb. 25, 2013 /PRNewswire/ -- CombineNet, Inc. today announced that its best-in-class e-sourcing product, CombineNet ASAP®, has been enhanced with new features which provide companies with even more advanced sourcing capabilities to support a wider range of sourcing and procurement strategies. This feature rich release includes multiple enhancements for buyers to create and manage advanced e-sourcing events that incorporate different types of items being sourced simultaneously, with advanced cost models, new rules for how suppliers participate in bidding events, and more extensive RFI questions and response types for evaluating a supplier's overall value to the buying company.
"We continue to invest in e-sourcing technology development that supports the strategic activities that our customers are driving through their sourcing and procurement organizations, and this release provides innovative capabilities to help companies explore more advanced sourcing strategies," said Rich Wilson, CombineNet's Chief Executive Officer. "With these new features, our customers will be able to increase their e-sourcing effectiveness, improve sourcing team efficiency, and conduct more thorough analysis of sourcing and supply options and the impact of their sourcing decisions on corporate strategy."
As a SaaS-based solution, the latest enhancements to the CombineNet ASAP sourcing solution are now immediately available to all users, and include:
In addition, this release also includes a significant user interface enhancement designed to provide a better user experience for suppliers and deliver more value to buyers. This release introduces a new Supplier homepage that provides an intuitive, step-by-step guide for suppliers to follow during the course of an e-sourcing event, with visible task-related status and action prompts that help suppliers participate more fully in e-sourcing events and maximize their use of CombineNet's Expressive Bidding® capability.
"Our customers recognize that higher levels of supplier participation in e-sourcing events translate into greater overall value to their businesses. With our redesigned supplier home page in CombineNet ASAP, we further improve our customers' ability to experience greater collaboration between buyers and suppliers in an online bidding environment," said Alan Himler, vice president of product management at CombineNet.
For more information on the CombineNet ASAP advanced sourcing product, visit http://www.combinenet.com/products/esourcing-product/index.php.
CombineNet, Inc. delivers award-winning best-in-class e-sourcing software solutions through its products CombineNet ASAP® for advanced e-sourcing, CombineNet Spend Analysis, and CombineNet Contract Management. Using these Software-as-a-Service (SaaS)-based sourcing products, CombineNet customers can rapidly adopt proven solutions for increasing spend under management and improving enterprise spend insights. Now in its twelfth year in business, CombineNet is known for its track record in driving significant bottom-line and productivity savings for its clientele which includes: General Mills, Hershey's, Heinz, Procter & Gamble, Sears, Johnson & Johnson, A.P. Moller-Maersk, Bayer, Coca-Cola, PepsiCo, Reckitt Benckiser, and many more Global 2000 firms. www.combinenet.com
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