Atlanta April 2, 2001 Scientific-Atlanta Inc. has signed a subscription agreement with Procuri for use of its e-procurement technology for streamlining the overall procurement process of developing specifications, requesting quotations and conducting competitive bidding.
Scientific-Atlanta, a provider of the products and services that enable interactive TV, has conducted three automated procurements using the tools in multibidder situations. In each case, the company realized savings compared to estimated purchase prices using non-automated procedures. Scientific-Atlanta attributes the savings to time efficiencies and competitive bidding.
With Procuri's technology, we can automate the steps in the e-procurement process while leaving the purchasing managers in control, said Richard DeHart, vice president of worldwide procurement for Scientific-Atlanta. It is just one component of our commitment to lowering costs and increasing efficiencies across Scientific-Atlanta while rolling out leading-edge technologies to our customers.
We're delighted to have Scientific-Atlanta as a client and even more delighted by the fact that our tools are enabling significant efficiencies in their procurement operations, said Mark Morel Sr., Procuri's president and CEO. The advantages of Web-based e-procurement are compelling, particularly the cost savings, the ease of implementation and the significant streamlining of the overall process.
Procuri's Web-based architecture streamlines three parts of the procurement process: collaborating with suppliers early in the product and purchasing planning cycle, communicating product specifications prior to bidding, and negotiating competitive prices. Scientific Atlanta has scheduled additional Web-based e-procurements to take place this year.
