Best Practices in e-Procurement Revealed; Aberdeen Report Recognizes 18 Enterprises For e-Procurement Success.Business/Technology Editors BOSTON--(BUSINESS WIRE)--Dec. 10, 2001 In a report released today, Aberdeen Group Aberdeen Group is a provider of business-related research services. It has its headquarters in Boston, Massachusetts and belongs to the Harte-Hanks group. Founded in 1988, Aberdeen's research is used by over 2. , a leading market analysis and positioning services firm, recognizes 18 enterprises for successful deployments of Internet-based procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. (e-Procurement) and supply chain technologies. Over the course of several months, Aberdeen Group interviewed more than 50 enterprises that had implemented Internet-based procurement automation. Aberdeen's criteria for selecting these best practice implementations included business and implementation strategy, scope of implementation, documented savings, and return on investment (ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). ). "At a time when cost control is vital to survival, forward-thinking organizations are viewing e-Procurement as a key strategy for controlling costs and maintaining profitability," said Tim Minahan, Vice President of Aberdeen's Supply Chain Research practice. "This report examines the leading e-Procurement deployments, detailing the strategies used and quantifying the hard-dollar savings and process improvements achieved." "Best Practices in e-Procurement," an Aberdeen research report, identifies the strategies utilized by the most successful deployments of Internet-based procurement technologies in the following areas: non-production ("indirect") procurement automation, production ("direct") procurement/supply chain management (SCM (1) (Software Configuration Management, Source Code Management) See configuration management. (2) See supply chain management. ) automation, and e-Sourcing. Additionally, the report profiles the industry best practices of the top 18 e-Procurement deployments, details the business and implementation strategies utilized and their associated benefits. The Best Practices in e-Procurement winners profiled in the report include: Ametek; A-Plus Manufacturing, Canandaigua National Bank and Trust; Countrywide coun·try·wide adv. & adj. Throughout a whole country; nationwide: launched a fundraising campaign countrywide; a countrywide search. Adj. 1. Home Loans; Diversified Systems; Federal Express Corporation; Finning International; Georgia Pacific; iGate Capital; Komatsu Mining Systems; SPX (Sequenced Packet EXchange) The transport layer protocol in the NetWare operating system. Similar to the TCP layer in TCP/IP, it ensures that the entire message arrives intact. SPX uses NetWare's IPX as its delivery mechanism. ; Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. ; Universal Studios; UNNICO; and Volkswagen. The report also recognizes and profiles Eastman Chemical and John Hancock as Best Practice All-Stars for achieving significant gains in multiple e-Procurement areas. The e-Procurement solution vendors used by these winning enterprises include: Agile Software; Ariba; B2eMarkets; Baan; Commerce One; Diligent Software Systems; Dun & Bradstreet; eBreviate; elcom; FreeMarkets; Frictionless Commerce; ICG ICG indocyanine green. Commerce; iPlanet; Nistevo; PeopleSoft; Procuri; PurchasingNet; Tradec; Verian Technologies; Works; and Zeborg. For more information about Aberdeen's "Best Practices in e-Procurement" report, visit www.aberdeen.com/ab_company/hottopics/eprocurement or call (800) 577-7891. About Aberdeen Since 1988, Aberdeen has been a leader in providing market analysis and positioning services that help business technology suppliers meet the challenge of establishing leadership in fast-changing markets. Aberdeen is headquartered in Boston, MA, and has research divisions in Palo Alto Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , CA; Fort Collins, CO; and Amsterdam, the Netherlands. Aberdeen is accessible via the Web at www.aberdeen.com. |
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