Selecting Suppliers

Ingersoll-Rand to evaluate total costs of new suppliers with global strategic sourcing app

Santa Clara, CA  August 5, 2002  XPORTA Inc., a provider of software for global resource planning, announced today that Ingersoll-Rand Co. Ltd., an industrial manufacturer, has selected XPORTA's Global Strategic Sourcing application for automating and optimizing the selection of suppliers for its worldwide manufacturing operations.

According to XPORTA, the application will be the basis for Ingersoll-Rand's corporate-wide program for rationalizing the selection of new qualified low-cost suppliers from countries around the world.

Ingersoll-Rand's selection process began last year, and the company said a key factor in the selection of XPORTA's application was its ability to analyze complex supply scenarios and uncover solutions that result in lower cost of goods sold. "XPORTA will provide us with powerful optimization tools and analytics that will evaluate not only total landed cost, but also total cost of ownership and help us correctly choose between various sourcing alternatives," said Tony Bozzuto, director of global logistics at Ingersoll-Rand. "In addition, the XPORTA application will give us quick and easy access to comprehensive, up-to-date global trade information. Our sourcing managers will be able to run what-if scenarios in a matter of minutes."

In testing XPORTA's application, Ingersoll-Rand identified sourcing solutions that promised significant savings for a range of commonly purchased commodities. Over the next two months, the company plans to implement XPORTA application first in its Torrington and Air Solutions Group and subsequently corporate-wide.

"Ingersoll-Rand is at the forefront of global companies with a consistent record of using innovative technology to gain a competitive edge and achieve market leadership" said Antony Awaida, CEO of XPORTA. "We are committed to helping Ingersoll-Rand achieve a return on its investment in a matter of months."