Source One Management Services, LLC awarded the 2006 Supply & Demand Chain Executive 100
Source One Management Services, LLC has been awarded to the 2006 Supply and Demand Chain Executive 100.
This year, Supply & Demand Chain Executive magazine has awarded the Executive 100 to companies that have contributed to the advancement of supply chain transformation and enablement.
Source One Management Services, LLC and www.WhyAbe.com have been nominated for their work with a $130 million global specialty coating company:
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History of Innovation:
Source One Management Services, LLC developed the online procurement tool www.WhyAbe.com that can be used by anyone in any industry completely free. WhyAbe.com is an automated collaborative marketplace, where buyers of goods and services can research & find new suppliers or create and manage an entire Request for Proposal. The tool allows procurement professionals to invite pre-registered suppliers, or their own suppliers by email address. Buyers can use the dashboard to manage multiple RFP’s and view history of all RFP’s and bids placed. This is especially important for companies that are trying to comply with Sarbanes Oxley.
Future of Innovation:
Source One has committed to continued development of www.WhyAbe.com to meet the needs of both professional buyers and suppliers. Features have been recently added that allow suppliers to list their products and services. WhyAbe.com is dedicated to providing free sourcing tools to e-enable sourcing professionals. Organizations that don’t have a budget for sourcing tools can now obtain benefits and capabilities that were previously available only with a significant investment. Source One will also continue to constantly research the latest innovations and technologies to insure state of the art technology is incorporated into WhyAbe.com.
Case Study:
A global specialty coating company, with $130 million in annual revenues, engaged Source One to assist in the strategic sourcing of its indirect spend. The Specialty Coatings company initially was operating with above average sourcing practices, but asked Source One to assist in areas where their internal resources were constrained. During the first round of procurement projects, the companies focused on LTL freight, small parcel, telecommunications, and packaging.
Click here to read the full case study.
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