Murray Hill, NJ June 18, 2002 D&B today rolled out a new Web-enabled supply chain solution that combines spend analysis with market analysis and a supply base management tool.
The consulting and technology firm said that its Supply Management System mixes a best practice approach to strategic sourcing and supply management with D&B's core competencies, including its global database of 73 million businesses, the D-U-N-S Number, matching expertise, the UNSPSC classification system and Web-based decision-support solutions.
"We're enhancing our current business by combining information, technology and expertise," said Mary Rhodes, global supply management solutions leader at D&B.
The Supply Spend Analysis module uses the D-U-N-S Number and the UNSPSC to give customers an analysis of what each supplier is providing, what is being purchased and exactly how much is being spent across the enterprise. The system can help companies assess the overall risk associated with each supplier, D&B said.
A Supply Intelligence module provides a market analysis of trends, competitors and opportunities for a specific industry. Companies can then use Web-based analytical tools to locate suppliers from the 73 million businesses in the D&B global database and qualify them based on specific business requirements.
Finally, the Supply Base Optimization module provides an analytical tool that companies can use to update their supply base information.
"Our Supply Management System helps resolve all barriers to strategic sourcing by gaining visibility of global spend, reducing the sourcing cycle time and making the sourcing process repeatable," said Steve Alesio, president and chief operating officer of D&B.
Mike Mannheimer, vice president for materials management at D&B customer Cox Enterprises, said: "In our decentralized environment, D&B's Supply Management System allows us to extract valuable insights from our supplier and spend database at Cox Enterprises and realize bottom-line savings."