Silicon products company to deploy Emptoris' solution to drive global procurement initiatives
Burlington, MA March 4, 2005 Silicon products manufacturer Dow Corning has signed up to use a spend analysis solution from Emptoris in a bid to enable its procurement team to drive global initiatives designed to deliver significant cost reductions.
A $3.4 billion global producer of silicon-based technology, Midland, Mich.-based Dow Corning is equally owned by Corning and Dow Chemical.
Jim Sanderson, executive director for procurement at Dow Corning, said that the company needed better visibility into its total spending patterns to achieve its savings goals over the next few years.
"Emptoris provides the right combination of leading edge analytical technologies to deliver a global, aggregated view of our total spend," Sanderson said. "With this insight, we can significantly increase procurement's role in areas offering the largest savings opportunities."
Sanderson added that Dow Corning is committed to employing solutions that provide access to the best data for making decisions, establishing accountability and driving innovation across its supply chain.
Avner Schneur, CEO of Emptoris, said, "As a technology company, we recognize the role innovation plays in building competitive advantage. We are pleased that Dow Corning, a leader in innovation, has selected our solution to support their procurement savings initiatives."
Other Emptoris customers include American Express, Boeing, Bank of America, GlaxoSmithKline and Motorola.
Additional Articles of Interest
For more information on best practices for spend analysis, see the following SDCExec.com articles:
More articles about Emptoris.
Burlington, MA March 4, 2005 Silicon products manufacturer Dow Corning has signed up to use a spend analysis solution from Emptoris in a bid to enable its procurement team to drive global initiatives designed to deliver significant cost reductions.
A $3.4 billion global producer of silicon-based technology, Midland, Mich.-based Dow Corning is equally owned by Corning and Dow Chemical.
Jim Sanderson, executive director for procurement at Dow Corning, said that the company needed better visibility into its total spending patterns to achieve its savings goals over the next few years.
"Emptoris provides the right combination of leading edge analytical technologies to deliver a global, aggregated view of our total spend," Sanderson said. "With this insight, we can significantly increase procurement's role in areas offering the largest savings opportunities."
Sanderson added that Dow Corning is committed to employing solutions that provide access to the best data for making decisions, establishing accountability and driving innovation across its supply chain.
Avner Schneur, CEO of Emptoris, said, "As a technology company, we recognize the role innovation plays in building competitive advantage. We are pleased that Dow Corning, a leader in innovation, has selected our solution to support their procurement savings initiatives."
Other Emptoris customers include American Express, Boeing, Bank of America, GlaxoSmithKline and Motorola.
Additional Articles of Interest
For more information on best practices for spend analysis, see the following SDCExec.com articles:
- The Secrets of Successful Spend Analysis
- Spend Analysis a Top Priority, But Not Widely Adopted...Yet
- Manufacturers: Achieve True Strategic Sourcing Through Spend Analysis
More articles about Emptoris.
