Alticor Selects Frictionless Sourcing to Deploy Behind the Firewall and Integrate with Back-End Systems.Business Editors CAMBRIDGE, Mass.--(BUSINESS WIRE)--March 3, 2003 Global consumer packaged goods Noun 1. packaged goods - groceries that are packaged for sale foodstuff, grocery - (usually plural) consumer goods sold by a grocer plural, plural form - the form of a word that is used to denote more than one company to deploy enterprise sourcing platform across worldwide operations Frictionless(R) Commerce, the enterprise sourcing leader, today announced that Alticor Inc. has selected Frictionless(R) Sourcing software to support its total sourcing efforts. Alticor is the parent company of Amway Corporation and Access Business Group. Currently undergoing an organization transformation process to maximize strategic sourcing opportunities, Alticor selected Frictionless Sourcing as the initiative's cornerstone technology for eSourcing. Among the company's sourcing goals are COGS These are all the Cogs found in Disney's Toontown Online. Names that are moved forward are leaders of the HQ of that specific Cog type. Bossbots
The total cost of buying raw materials, and paying for all the factors that go into producing finished goods. cost of goods sold ) cost savings, reduced cycle times and enhanced vendor management. Deloitte Consulting, a member of the Frictionless strategic alliance program, will manage the deployment of Alticor's services and consulting needs. "We chose Frictionless Sourcing because it aligns with our strategic sourcing process. We are not looking to re-invent how we do strategic sourcing, we have seen strong success with the existing manual process but it takes too long. Our goal is to shorten the cycle time while standardizing other aspects of our sourcing processes. Frictionless Sourcing will allow us to meet these goals within one user friendly application," said Jay Ertl, vice president of Product Supply, Alticor. To link all aspects of the supply chain, Frictionless Sourcing will be fully integrated with Alticor's enterprise systems from Manugistics and JD Edwards See J.D. Edwards. . Alticor will use Frictionless Sourcing to store and access enterprise expenditure data, automate manual sourcing processes and improve vendor management capabilities. In particular, Frictionless Sourcing will be used to: 1. Consolidate expenditure data to gain visibility into spend activity across the global organization; 2. Automate manual processes, associated sourcing event management, and RFx creation and execution; 3. Measure contract compliance and track savings to contracts; and 4. Enhance vendor performance monitoring and rating. "Frictionless Commerce and Deloitte Consulting continue to work together successfully in the market. Our combined capabilities have resulted in the implementations of sourcing solutions for several prominent Consumer Packaged Goods companies. We look forward to leveraging our joint capabilities and experience in support of Alticor's strategic sourcing initiative," said Robert Derocher, principal, Deloitte Consulting. "Alticor understands that strategic sourcing adds directly to the bottom line, and has initiated the process to realize savings. We are very pleased to be the key enabler of their enterprise sourcing program. Our strong functionality, client experience and overall deployment success makes us ideally suited to address the complex sourcing needs of the Consumer Packaged Goods industry," said Stephen Sharp, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Frictionless Commerce. About Alticor Alticor (www.alticor.com) is the parent company of Amway Corp. and Access Business Group LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . Headquartered in Ada, Michigan, USA, Alticor and its affiliates offer products, business opportunities, and manufacturing and logistics services in more than 80 countries and territories worldwide. In its most recent fiscal year, the company reported worldwide sales of $4.5 billion. For further information, please contact Alticor's media information line at (616) 787-7565 or e-mail Alticor's media relations staff at mediainfo@alticor.com. About Frictionless Commerce Frictionless(R) Commerce is a privately held, enterprise software company based in Cambridge, Mass. Frictionless delivers enterprise software applications that enable large purchasing organizations to achieve world-class performance. Frictionless(R) Sourcing software is a complete enterprise sourcing platform that minimizes the total cost of acquisition for all direct and indirect materials, services and capital equipment. Customers include: British Airways British Airways in full British Airways PLC International passenger airline based in London. In 1936 British Airways Ltd. was founded through the merger of three smaller airlines. , Bristol-Myers Squibb Bristol-Myers Squibb (NYSE: BMY), colloquially referred to as BMS, is a pharmaceutical corporation, formed by a 1989 merger between pharmaceutical companies Bristol-Myers Company, founded in 1887 by William McLaren Bristol and John Ripley Myers in Clinton, NY (both were , MetLife, Alticor, John Hancock Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , Philip Morris U.S.A. and CompAir UK Ltd. For more information, contact Frictionless Commerce at (617) 495-0180 or visit www.frictionless.com. About Deloitte Consulting Deloitte Consulting is one of the world's leading management consulting firms List of Management Consulting Firms 1. McKinsey & Company 2. Marakon Associates 3. Boston Consulting Group (BCG) 4. A.T. Kearney 5. Booz Allen Hamilton (BAH) 6. Monitor Group 7. Bain & Company 8. Roland Berger , and is uniquely known for its straightforward approach to solving today's most complex business challenges. Deloitte Consulting works hand-in-hand with clients to improve business performance, drive shareholder value, and create competitive advantage. The firm has 15,000 professionals in 33 countries, and serves more than one-third of the companies in the Global Fortune(R) 500. It is the only consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a with five straight appearances on Fortune Magazine's list of "100 Best Companies to Work for in America. Deloitte Consulting can be found on the Internet at http://www.dc.com. Deloitte Consulting will become Braxton upon its separation from Deloitte Touche Tohmatsu Deloitte & Touche (also referred to as Deloitte Touche Tohmatsu, and branded as Deloitte.) is the second largest professional services firm in the world, and one of the Big Four auditors, along with PricewaterhouseCoopers, Ernst & Young and KPMG. . "Deloitte Consulting," the "Deloitte Consulting logo," "Braxton" and the "Braxton logo" are trademarks or registered trademarks of Deloitte Consulting or its affiliates. All other product and company names and marks mentioned in this document are the property of their respective owners and are mentioned for identification purposes only. (C)2003 Frictionless Commerce Incorporated. The FRICTIONLESS Trademark is owned by Frictionless Commerce Incorporated, and is registered in the United States of America UNITED STATES OF AMERICA. The name of this country. The United States, now thirty-one in number, are Alabama, Arkansas, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, New Hampshire, and the European union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the European Community . All Rights Reserved. |
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