BoozAllen & Hamilton Selects Commerce One for Automation of Procurement Processes.NEW YORK--(BUSINESS WIRE)--April 27, 1999 -- Commerce Chain Solution, with BuySite 5.0, to Provide Rich Functionality and Rapid Deployability to Improve Business Efficiencies and Reduce Overall Purchasing Costs at Global 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 Commerce One, Inc., the global leader in enterprise procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. solutions, today announced that Booz Allen Al·len , Edgar 1892-1943. American anatomist who is noted for his studies of hormones and for the discovery (1923) of estrogen. & Hamilton, the international management and technology consulting firm, has chosen the Commerce Chain(TM)Solution by Commerce One to automate To turn a set of manual steps into an operation that goes by itself. See automation. its procurement processes. The Commerce Chain Solution, including the new enterprise BuySite 5.0 (see related announcement released today), will automate BoozAllen's internal purchase order process as well as interactions with its suppliers to reduce the firm's overall purchasing costs and increase process efficiencies. "BuySite 5.0's functionality will allow us to pursue an aggressive deployment and implementation schedule for our Worldwide Technology Business employees," said John Oshinski, BoozAllen's Electronic Commerce Program Manager. BoozAllen & Hamilton is a global corporation with sales of $1.5 billion in 1998 and more than 8,800 employees across six continents Six Continents is a large retail PLC in UK which split into Six Continents Retail known as Mitchells and Butlers plc. The hotels and soft drinks business of Six Continents PLC is now known as InterContinental Hotels Group PLC. . The firm will use the Commerce Chain Solution to reduce overall purchasing costs by automating workflow The automatic routing of documents to the users responsible for working on them. Workflow is concerned with providing the information required to support each step of the business cycle. , further leveraging its corporate spending and focusing on supply chain management. The Commerce Chain Solution, comprised of BuySite and MarketSite products, will provide employees in BoozAllen's Worldwide Technology Business unit with a single-entry, desktop commerce solution that meets the firm's buy side commerce needs with easy-to-use access for procuring Procuring, in general, is the act of acquiring goods or services, usually by contract. It may refer to:
"BoozAllen & Hamilton recognizes the tremendous potential associated with implementing an electronic commerce procurement solution. We found that Commerce One's Buy-Site offered the best solution for our internal procurement needs," said Eileen Kabay, Manager of Purchasing, BoozAllen. "There is more to doing electronic commerce than just setting up internal systems. Creating and maintaining catalogs can be a bigger expense than the cost of the system itself. The Commerce One solution relieves us of most of the effort associated with product classification and updating catalog catalog, descriptive list, on cards or in a book, of the contents of a library. Assurbanipal's library at Nineveh was cataloged on shelves of slate. The first known subject catalog was compiled by Callimachus at the Alexandrian Library in the 3d cent. B.C. content," added John Oshinski. "BoozAllen realizes not only the cost savings potential of automating the transactions between buyers and suppliers, but the strategic value it brings to their own business performance," said Mark Hoffman, 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. of Commerce One. "Leading global customers like BoozAllen are clear validation See validate. validation - The stage in the software life-cycle at the end of the development process where software is evaluated to ensure that it complies with the requirements. of the superiority and functionality of our technology. Our customers have realized that rapidly deployable enterprise commerce applications are one of the easiest and most strategic ways to cut corporate costs and save money quickly." About BoozAllen & Hamilton BoozAllen & Hamilton Inc. is one of the world's largest management and technology consulting firms. Founded in 1914, the firm provides services in strategy, operations, systems and technology consulting to major corporations, government bodies, and institutions worldwide. It has two major business units, the Worldwide Commercial Business and the Worldwide Technology Business. Additional information about BoozAllen can be found at www.bah.com About Commerce One Commerce One is the leading provider of electronic commerce solutions that dynamically link buying and supplying organizations into real-time trading communities. The Commerce Chain Solution by Commerce One, comprised of Commerce One BuySite and Commerce One MarketSite, enables companies to significantly reduce operational costs and increase efficiency by automating the entire indirect goods and services supply chain. As a result, enterprise organizations are able to realize a strategic competitive advantage as well as a rapid return on investment. Commerce One is located in Walnut Creek Walnut Creek, residential city (1990 pop. 60,569), Contra Costa co., W Calif., in the San Francisco Bay area; inc. 1914. It is the trade and shipping center of an extensive agricultural area where walnuts are among the major product. , Calif. and can be reached by phone at (800) 308-3838 or (925) 941-6000 or via the Internet at http://www.commerceone.com. Commerce One, Commerce Chain, BuySite, BuySite Enterprise Edition, BuySite Hosted Edition and MarketSite are either trademarks or registered trademarks of Commerce One. Other product and company names mentioned herein might be the trademarks of their respective owners. |
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