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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 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, 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 pricing to digital printing, screen-printing 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, 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.

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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
Previous Article:Planning and budgeting. (Technology Tools).
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