2007'02.11.Sun
Quadrem's New SourceCentre(TM) Solves Spot Buy Purchasing Pains

December 05, 2006

AMSTERDAM, Netherlands, and SINGAPORE, Dec. 5 /Xinhua-PRNewswire/ -- Quadrem has released a new sourcing solution, SourceCentre, that simplifies and streamlines spot buys, which often involve high volumes of sourcing events with high volumes of suppliers. "As we deployed our sourcing solutions with several key customers, they identified the need to support not only strategic category management but also the 'spot buy' process, where it's not uncommon for a company to send thousands of requests for quotes each month to thousands of suppliers," said Chris Haydon, Vice President, Global Solutions. "Quadrem licenses best-of-breed solutions to complement our own e-marketplace technology suite, but there wasn't a simple, scalable solution that could handle the volumes our customers were doing for spot buys and price and availability checks. So we developed our own application designed for this type of purchasing activity. After deploying with several customers within our global e-marketplace buyer community, we are now marketing SourceCentre outside our existing customer base." SourceCentre solves many of the complexities of high-volume spot buy activity, where the focus is more on price and availability than multi-variable optimisation and analysis. SourceCentre integrates with SAP, Oracle and other ERP systems and enables organizations to quickly experience online sourcing without a substantial commitment of time or resources. Customers can easily search a global electronic directory of product and service information from tens of thousands of suppliers, many from the industrial MRO sector. SourceCentre has a simple, intuitive user interface to provide fast and efficient RFx creation, response and award. To support spot buys, SourceCentre provides: * Access to one of the world's largest global supplier networks * Approved supplier listings * Side-by-side bid comparisons * Analysis showing the lowest cost provider, for each item and overall in the RFx * RFx and line item attachments * Open and locked bids * Supplier / buyer collaboration via messaging * Electronic audit trail About Quadrem Quadrem ( http://www.quadrem.com ) provides e-business solutions that connect buyers and suppliers to maximise supply chain efficiencies. Quadrem's global transaction platform, vibrant international community and high-quality content services enable customers to implement the most effective e-business initiatives for buyers and suppliers. Established in 2000, Quadrem has offices in Australia, Brazil, Canada, Chile, France, Korea, Mexico, The Netherlands, Peru, Singapore, Saudi Arabia, South Africa, the UAE and the United States. For more information, please contact: Choon Boon Heng of Quadrem Tel: +65-6550-9683 SOURCE Quadrem
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