Supply Chain Expert Educates Fortune 1000 Organizations on the Benefits of Achieving Marketplace 2.0
CINCINNATI, Ohio – August 26, 2010 — Mickey North Rizza, Research Director, AMR Research, recently acquired by Gartner, Inc. (IT:US), has joined up with Vinimaya, Inc. (www.www.vinimaya.com), premier provider of Vinimaya Smart Marketplace Technology™, to present a thought leadership webinar on the benefits of creating Marketplace 2.0 e-Procurement platforms.
The complimentary online presentation, part Vinimaya’s Improving e-Procurement Webinar Series, is titled “AMR Research Presents: Achieving Marketplace 2.0” and will occur on Thursday, August 26, 2010 from 2:00 PM – 3:00 PM EST (11:00 AM – 12:00 PM PST).
In many companies, the success of e-Procurement is being limited by a complex end-user experience and ongoing supplier data management tasks that are time-consuming, resource-intensive, and costly to maintain. A Marketplace 2.0 platform is one that enhances the performance of existing e-Procurement investments by providing federated search capabilities (across all supplier catalogs whether locally hosted or punch-out), dynamic web content access, catalog management tools, and an intuitive, B2C-like shopping experience for end-users.
”As consumers, we have a very friendly internet shopping experience that encourages us to travel less and spend more with the click of our fingers. However, the business procurement experience is still consistent with visiting multiple shopping venues in one day to pick up several different items: waste of time, fuel, and in a constant state of search for just the right item at the right value,” North Rizza stated. ”Marketplace 2.0 solutions provide businesses with the ability to improve their shopping experience while maintaining control and compliance to supply base initiatives,” North Rizza concluded.
North Rizza’s presentation is designed to provide Procurement and Strategic Sourcing leadership at Fortune 1000 organizations with the data points needed to make a business case for improving their current e-Procurement process by creating a private, virtual marketplace for their supplier data. Attendees will learn how leading companies are using innovative, Marketplace 2.0 solutions and services to:
- Improve the End-User Experience: Make shopping online for goods and services at work as easy and intuitive as it is at home with a single, “Google-like” search across all data sources
- Relieve Supplier On-boarding & Data Management Burdens: Establish ‘touch-less,’ punch-out catalog connections that are maintenance-free for Procurement and IT departments
- Increase Compliance: Use innovative technology and reporting tools to drive demand to preferred suppliers/items and even audit supplier data that is housed ‘in the cloud’
- Create a Portable Asset: Eliminate the need to retrain end-users by creating a marketplace they can continue to use even if a company decides to change the back-end ERP or stand-alone e-Procurement solution
Vinimaya’s Improving e-Procurement Webinar Series provides complimentary monthly online presentations on topics that concern Procurement, Strategic Sourcing, Financial Management, and IT Professionals at Fortune 1000 companies. For more information or to register for the August 26th session, please visit: https://www2.gotomeeting.com/register/705955451.
Vinimaya, Inc. is a privately held software solutions company that provides innovative e-Procurement Catalog and B2B Shopping solutions for both buyers and suppliers based on their patent-pending Vinimaya Smart Marketplace Technology™ platform. Vinimaya products are seamlessly integrated with systems from Ariba, SAP, Oracle and PeopleSoft among others and are used by global companies such as 3M, Alcoa, Sunoco, Agilent Technologies and Corning Inc. Vinimaya is a Vora Group company with offices in Cincinnati; Shelton, CT; and Bangalore, India. For more information please visit www.www.vinimaya.com or call 888-618-8634.
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