P&G Picks Procuri

CPG giant to use provider's e-sourcing offering for global dispersed procurement operations

Atlanta  January 9, 2002  Procter & Gamble is set to use a Web-based strategic sourcing solution from Procuri, the solution provider announced this week.

With the agreement, Procuri becomes the preferred strategic sourcing application service provider for the consumer products giant's worldwide electronic inquiry and reverse auction activities.

P&G selected Procuri after an evaluation of various e-sourcing options and an intensive pilot program to test Procuri's solutions.

"After trying Procuri's solutions for several months, we believe it will help us save time and money on our purchase of materials, supplies and services," said Hendrik Czirwitzky, purchasing group manager for e-procurement tools at P&G.

Czirwitzky said that Procuri's Web-based offerings were a good fit for P&G's globally dispersed procurement operations. "Procuri's solutions are easy to use, which should enable us to streamline and speed up our inquiries," said Czirwitzky. "Procuri also helped us to successfully train procurement professionals and we anticipate completing the global roll out within the next several months."

The solution provider says that its sourcing tools will allow P&G to make purchasing decisions based not only on price but on such non-price factors as past delivery performance and quality of materials.

Mark Morel, Sr., Procuri's president and CEO, said that P&G's use of the provider's e-sourcing solutions would provide a good demonstration of the capabilities and scalability of his company's offering.

Procuri's other customers include Eastman Kodak, Scientific Atlanta and ONDEO-Nalco. The company says that, to date, its customers have conducted more than 800 e-sourcing events, with total transaction volume in excess of $2.5 billion, resulting in procurement savings, process efficiencies and reduced sourcing cycle times.