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Cirqit, a provider to the Fortune 2000 for the procurement of printed materials. (Procurement).


Cirqit, a provider to the Fortune 2000 for the procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases.  of printed materials, has issued Version 5.0 of its eProcurement and supply chain management applications, Order-It. and Price-It. This release allows Cirqit, based in Whippany Whippany may refer to:
  • Whippany, New Jersey, a town in Morris County, New Jersey
  • Whippany River, a tributary of the Rockaway River in Morris County, New Jersey
, N.J., to extend its leadership in enabling eProcurement for printed material. New functionality includes a configurable pricing engine, which brings strategic price management and real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example.  pricing to digital printing, screen-printing screen-print·ing
n.
See silk-screen.
 and virtually any other type of printed product, and an internationalized platform that supports multiple languages and currencies. The addition of these capabilities enables Cirqit to deliver a comprehensive, enterprise-wide print procurement solution to global organizations.

Order-It. is an eProcurement application that connects an organization to its supply chain via the Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
, allowing buyers to define job specifications, solicit and manage requests for quotes and place orders with suppliers. Order-It. drives savings while reducing cycle time, improving communication and providing a comprehensive suite of reports

Price-It, is a strategic price management tool that seamlessly connects to Order-It. Within this application, job specifications and supplier pricing data combine to drive a sophisticated pricing engine that provides buyers with real-time price quotes from the organization's leveraged supply chain. Price-It. provides a framework to collect and maintain pricing data from a diverse set of suppliers; strategic pricing reports allow the sourcing team to effectively negotiate and manage pricing across the supply chain.

Web: www.cirqit.com
COPYRIGHT 2002 Financial Executives International
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:offers new versions of Order-It, Price-It software
Publication:Financial Executive
Article Type:Brief Article
Geographic Code:1USA
Date:May 1, 2002
Words:230
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