Wallace Named to Oracle Supplier Advisory Board.Business Editors LISLE, Ill.--(BUSINESS WIRE)--Feb. 24, 2003 Wallace (NYSE NYSE See: New York Stock Exchange :WCS See Windows CardSpace. ), the leading provider of print management services, today announced that it has been chosen by Oracle Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ORCL ORCL Oracle (stock symbol) ), the world's largest enterprise software company, as a member of its Supplier Advisory Board (SAB). Oracle's SAB furthers the company's commitment to improving supplier relationship management (SRM (1) (Storage Resource Management) The management of the storage resources in an organization in order to avoid duplication of files and to determine space utilization across all servers. ) processes in line with evolving business requirements. Founding members of the Oracle Supplier Advisory Board include: Boise Office Solutions, Dell Computer, Grainger, HP, Kelly Services Kelly Services, Inc. is a Fortune 500 company headquartered in Troy, Michigan, offering staffing solutions that include temporary staffing services, outsourcing, vendor on-site and full-time placement. Kelly operates in 30 countries and territories. , McCormick & Company Inc., Moore Corporation Ltd., Newark Electronics, Relief Printing, SHI, Software Plus, Software Spectrum, Staples, Toshiba, Trodat Marking Products and Wallace. The Supplier Advisory Board creates a collaborative environment where Oracle and SAB members work together to develop more effective procurement applications that include both the buyer and supplier's perspectives. The SAB uses a direct communication channel between members and Oracle's development team to map critical supplier processes and influence product direction for SRM applications -- helping ensure new capabilities solve high-priority problems that both buyers and suppliers experience. "Effective supplier relationship management requires optimization of business processes and supporting technologies," said Dave Stephens, senior director of Procurement Applications at Oracle. "The Supplier Advisory Board provides Oracle with extremely valuable input to enhance its procurement applications for increased value across the supply chain and better 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). for our customers." Oracle(R) Procurement Oracle Procurement, part of the Oracle E-Business Suite A group of integrated Internet-based applications from Oracle. Introduced in 2001 as Version 11i, it includes modules for CRM, finance, human resources, supply chain management as well as applications for business intelligence. , optimizes and automates all steps of the procure-to-pay business flow, while maximizing supplier collaboration and sourcing capabilities to significantly reduce purchasing costs, improve process efficiencies and increase profit margins. Oracle Procurement offers a comprehensive set of solutions -- Oracle iProcurement, Oracle Purchasing, Oracle Sourcing, Oracle iSupplier Portal, Oracle Purchasing Intelligence, and Oracle Payables -- to manage a company's procurement process, a platform to integrate other e-business solutions, and professional services to help organizations formulate purchasing strategies. About Wallace Wallace (NYSE:WCS) is a recognized leader in delivering a comprehensive suite of world-class print management services through its Total Print Management (TPM (1) See TP monitor. (2) (Transactions Per Minute) The number of transactions processed within one minute. See TPS. (3) (Trusted Platform M ) program. Total Print Management enables Wallace to meet the unique communications challenges of its Fortune 1000 clients through a single-source solution that extends well beyond ink on paper. Offerings include traditional and digital print capabilities, distribution logistics, kitting and fulfillment, digital asset management, inventory management, print optimization, direct marketing and electronic commerce. Founded in 1908, Wallace is headquartered in Lisle, IL, with manufacturing, distribution and sales facilities throughout the United States. For more information, please visit http://www.wallace.com. Oracle is a registered trademark of Oracle Corporation and/or its affiliates. |
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