Supplier Management News

Centralized Supplier Information Management (SIM) System Drives Efficiencies, Eliminates Disparate and Disjointed Supply Chain Practices, and Drives Continuity, Consistency and Compliance

San Francisco, CA, January 28, 2008 – Aravo Solutions, Inc., the leading provider of on-demand Supplier Information Management (SIM) software and services, today announced that the company will offer a free 90 day subscription for supplier registration, profiling, validation and approval. The offer allows up to 5
buyer users to test the product with up to 2000 suppliers for a period of 90 days. This allows prospective customers to try out the product before investing in the subscription costs.

Infor Supplier Relationship Management Enhances Communication and Customer Service
ATLANTA - Jul 24, 2007
Infor today announced that Hitachi Automotive Products, a global manufacturer of electronic, mechanical and electro-mechanical powertrain components and a division of Hitachi, Ltd., one of the world’s leading electronics companies, has implemented Infor’s flagship supplier relationship management (SRM) solution for the automotive industry. Deployed in its Kentucky facility, Infor SRM SupplyWEB enables Hitachi Automotive to gain a comprehensive view of the value chain for improved communication with suppliers and enhanced customer support.

Global Personal Protection Equipment Leader Bacou-Dalloz Selects Verticalnet XE for Supplier Performance Management

Malvern, PA, Verticalnet, Inc. (Nasdaq:VERT), a leading provider of on demand supply management solutions, today announced that Bacou-Dalloz has signed a multi-year subscription agreement for Verticalnet® XE Performance Manager, a component of the Verticalnet XE Suite.
Bacou-Dalloz, world leader in the design, manufacturing and sales of Personal Protection Equipment (PPE), selected Verticalnet after a competitive evaluation designed to identify the provider best qualified to meet their diverse requirements for supplier performance management. Bacou-Dalloz has operating units world-wide, and will initially roll out supplier performance management in the Americas and Europe, with later phases focused on operations in Asia and South America.

New Customers Reflect Push into Life Sciences Vertical

SAN FRANCISCO – Aravo Solutions, the market leader in OnDemand supplier information management solutions, today announced three new customer wins in the life sciences vertical. Projects are currently underway with two of the world’s largest pharmaceutical firms, Novartis and Wyeth, and one of the nation’s largest health care services providers.

Aravo SIM 4.0 is the market’s first dedicated platform for the enablement and management of a broad range of supplier information types feeding multiple enterprise systems (ERP, SRM, eProcurement, purchasing, etc). Pharmaceutical and life sciences companies face unique challenges relating to supplier information management, and Aravo has built out industry-specific functionality to meet these needs. Through deploying Aravo SIM 4.0, life sciences firms are able to distribute responsibility for the creation and maintenance of virtually any supplier information type (profile, content, financial, regulatory, etc.) to their suppliers while retaining strict internal controls, including the ability to validate, approve and disseminate supplier data to multiple internal systems. By using Aravo SIM 4.0 these firms will not only realize increased savings and ROI from enterprise systems relying on accurate supplier master data, but also ensure Compliance with global risk management strategies.

Infor has released Infor SRM SupplyWeb version 10 for automotive manufacturers. New release comes with modules for Production Invoicing and Purchase Order Collaboration to automate specific business functions related to order processing. Supplier Cumulative Quality Management, Flex Fields and Receipt Reconciliation are some of the other built-in functional enhancements in SRM SupplyWeb version 10.

Production Invoicing improves data accuracy between customers and suppliers, eliminates discrepancies in pricing and payables and allows for more timely payments from the customer. Customers can accept or reject invoices sent by their supplier, sending these approved invoices back to the ERP system for payment. This improves the accuracy of payables and reduces the amount of time spent on manual activities such as entering faxed or emailed data.