Pittsburgh, PA — November 8, 2004 — CombineNet, a provider of Web-based optimization tools and capabilities, said today it will team up with strategic sourcing services and technologies provider A.T. Kearney Procurement Solutions to offer Advanced Solutions for strategic sourcing, procurement and supply chain problems at Global 1000 companies.
The solutions are integrated with the Teamcenter product lifecycle management (PLM) portfolio from PLM provider UGS.
Combinatorial optimization, spend category expertise and supplier collaboration technologies provide benefits to sourcing, said Joseph Raudabaugh, president of A.T. Kearney Procurement Solutions. Adding CombineNet's analytics to our eBreviate solutions and services and then extending it into supplier collaboration with UGS's Teamcenter platform will enable customers to identify and evaluate supplier options and the benefits from improved specification management. This builds a bridge toward enabling the promise of design-to-source' and brings design, engineering and purchasing together through improved analytics.
CombineNet's core technology, Rev, is designed for such purchasing categories as raw materials, packaging, transportation and marketing. The configurable Web-based application can create, analyze and evaluate a large number of supplier-nominated options, allowing both buyers and sellers to identify more effective supply alternatives, according to CombineNet.
The provider also said Rev works with such existing technology investments as enterprise resource planning (ERP) and e-sourcing, thus increasing their visibility and optimization.
Tony Bonidy, president and CEO of CombineNet, said his company has been working with a number of customers getting positive results, as Rev changes the game in terms of analytical power and speed. As product lines have proliferated, so have supplier specifications and complexity, Bonidy explained. Bringing insight into the cost of complexity and supplier economics enables fundamental changes in the choices customers are making.