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Elsevier MDL partners with SciQuest; Partnership Will Pursue Development of Comprehensive E-Procurement Solution for Procuring and Managing Chemical Reagents.


SAN RAMON San Ramon (Spanish for "Saint Raymond") may refer to one of the following places:

Argentina
  • San Ramón de la Nueva Orán, a city
Costa Rica
  • San Ramón, Costa Rica, the municipality of San Ramón
, Calif. & RESEARCH TRIANGLE PARK Research Triangle Park, research, business, medical, and educational complex situated in central North Carolina. It has an area of 6,900 acres (2,795 hectares) and is 8 × 2 mi (13 × 3 km) in size. Named for the triangle formed by Duke Univ. , N.C. -- Elsevier MDL Elsevier MDL is a subsidiary of Elsevier. It develops programs that aid in "discovery informatics", or the use of computers modeling of scientific information in ways that lead to new discoveries.

The company was founded as Molecular Design Limited in 1978.
 (NYSE NYSE

See: New York Stock Exchange
:RUK RUK Reserviupseerikoulu (Hamina, Finland, Reserve Officers' School)
RUK Are You Kidding?
) (NYSE:ENL Noun 1. ENL - an inflammatory complication of leprosy that results in painful skin lesions on the arms and legs and face
erythema nodosum leprosum

Hansen's disease, leprosy - chronic granulomatous communicable disease occurring in tropical and subtropical
) (LSE LSE - Language Sensitive Editor :REL) (Euronext Amsterdam: REN ren
 or jen

In Confucianism, the most basic of all virtues, variously translated as “humaneness” or “benevolence.” It originally denoted the kindness of rulers to subjects.
), the market leader in integrated discovery informatics, chemical sourcing and logistics for the life sciences and chemical industries, has announced a marketing and referral partnership with SciQuest, Inc., a leading provider of on-demand supplier management and procurement automation solutions.

Through integration of the MDL MDL - (Originally "Muddle"). C. Reeve, Carl Hewitt and Gerald Sussman, Dynamic Modeling Group, MIT ca. 1971. Intended as a successor to Lisp, and a possible base for Planner-70. Basically LISP 1.5 with data types and arrays. (R) Logistics materials management solution with SciQuest's Spend Director supplier management solution, the partnership supports the development of a comprehensive, integrated, e-procurement and supply chain management offering. R&D organizations in the life sciences and chemical industries will benefit from:

--Superior reagent sourcing and chemical inventory management through MDL Logistics--and the prospect of further integration with other MDL workflow offerings, including MDL(R) Notebook

--One-stop procurement with SciQuest Spend Director

--Greater control and visibility over spending and improved on-contract spending through use of the single SciQuest solution connecting an organization's procurement and financial systems to its suppliers

The integrated solution will enable the scientist to access MDL Logistics from SciQuest's Spend Director application to procure chemical reagents in a chemically intuitive environment. After the scientist has compiled a reagent list in MDL Logistics, the data will be seamlessly passed to SciQuest Spend Director for processing and procurement.

"Procurement integration and supplier enablement are critical components of a complete R&D logistics solution and are important requirements that are raised again and again by customers," said Dr. Trevor Heritage, senior vice president and chief scientific officer of Elsevier MDL. "The SciQuest partnership is an exciting first step towards developing a complete, end-to-end logistics solution for chemistry researchers, one that supports the research workflow, simplifies the procurement experience and lowers costs by supporting on-contract spending. No other commercial vendors currently provide this mix of critical capabilities."

"As organizations get smarter about the way they procure goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. , integration of a robust supplier enablement solution into their e-procurement system becomes necessary to assure maximum efficiency of the whole supply chain process," commented Elaine Schroeder, vice president of business development at SciQuest, Inc. "A well planned supplier strategy is the keystone in the bridge to maximized savings and 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). ."

MDL Logistics is a workflow application for managing reagent procurement and inventory tracking. The system simplifies reagent management by providing links to leading procurement systems and automated workflows for container tracking, global inventory control and the handling of regulated substances.

SciQuest Spend Director is an on-demand, multi-commodity, supplier relationship management solution that combines a powerful catalog management tool with a user-friendly, e-commerce style interface that promotes contract compliance and intelligent procurement decisions. Through seamless integration with existing procurement systems, organizations can take advantage of the SciQuest Supplier Network (SQSN), which offers instant access to product information from an extensive network of suppliers in the US and in Europe.

About Elsevier MDL

Elsevier MDL provides informatics, database and workflow solutions that accelerate successful life sciences R&D by improving the speed and quality of scientists' decision making. Researchers around the world depend on Elsevier MDL for innovative and reliable discovery informatics software solutions and services augmented by 400 Elsevier chemistry and life sciences journals and related products. For more information, visit www.mdl.com. Elsevier is a world-leading publisher of scientific, technical and medical information products and services. For more information, visit www.elsevier.com. Elsevier is part of Reed Elsevier Group plc, a world-leading publisher and information provider. Reed Elsevier's ticker symbols are REN (Euronext Amsterdam), REL (London Stock Exchange London Stock Exchange

London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses.
), RUK and ENL (New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
). For more information, visit www.reedelsevier.com.

About SciQuest

SciQuest provides on-demand supplier enablement and procurement automation solutions that reduce operating costs, drive end-user adoption, bring more spend under management and increase visibility into organization-wide spending. Through SciQuest solutions, organizations gain immediate cost savings and rapid ROI.

Organizations can quickly enable a critical mass of suppliers through the SciQuest Supplier Network (SQSN) and leverage SciQuest Managed Services to fully manage catalog data and order delivery on an ongoing basis, significantly reducing the need for in-house IT and support resources. With an integrated supplier base, organizations can maximize on-contract spending and gain real-time visibility and reporting capabilities throughout the entire order process.

In addition to a source-to-settle suite of e-procurement applications, SciQuest also offers supplier and order management modules that seamlessly integrate with existing ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer.  and enterprise financial systems, driving greater return from existing investments.

For more information about SciQuest, please visit www.sciquest.com, or call 919.659.2100.

MDL, Isentris and Assay Explorer are registered trademarks of MDL Information Systems, Inc. ('Elsevier MDL') in the United States. SciQuest is a registered trademark of SciQuest, Inc. All rights reserved. All other trademarks mentioned in this document are the property of their respective owners.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Aug 8, 2006
Words:789
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