Emptoris expands its reach with acquisition of Xcitec

Spokesmen noted that the deal enables Emptoris to deliver a single solution that manages all business processes associated with supplier management, including supplier on-boarding, qualification, risk assessment, performance management and rationalization.

By ·

In a major effort toward creating one of the industry’s most comprehensive end-to-end Supplier Lifecycle Management solution available, Emptoris has acquired Xcitec, a leading supplier management software provider.

Emptoris, based in Burlington, Mass. announced the deal with Munich, Germany-based Xcitec today. Spokesmen noted that the deal enables Emptoris to deliver a single solution that manages all business processes associated with supplier management, including supplier on-boarding, qualification, risk assessment, performance management and rationalization. This is Emptoris’ first internationally-based acquisition.

In an interview with SCMR, Terrance Curley, senior vice president of development and product operations, said that both Emptoris and Xcitec customers will now have access to a single strategic solution.

“This will let them connect the dots,” he said, “and consolidate supplier information providing central visibility. It also permits them to to feed this intelligence into the analysis and decision cycle.”

In addition, said Curley, Xcitec customers will gain access to Emptoris’ sourcing, category spend and contract management solutions – and the Emptoris global infrastructure which includes customer support in more than 16 languages.
 
Eugene Jacob, Director of Global Supplier Management at Hatch – one of the world’s leading engineering, procurement and construction management firms – also provided an endorsement:

“Making the correct choices about suppliers and their role in your organization has a profound impact on the success of an enterprise,” he said.  “Uninformed decisions can lead to unexpected risks, costs, and delivery issues, all of which impact the bottom-line.  Enterprises must have a concise method of gathering and processing their supplier information in order to maximize the value and effectiveness of the supply base.  Without such a system, the enterprise is operating at a major disadvantage.”

Curley told SCMR that ERP is far from dead, however. He explained that While ERP providers have focused on managing the transaction, e-procurement vendors have focused on managing the order, and CRM providers have focused on managing the customer relationship.
 
“Emptoris’ strategic focus is on supplier management, both managing suppliers and supply intelligence,” he added.

For related articles click here.


About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at [email protected]

Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Article Topics

All Topics
Latest Whitepaper
Revisiting Supplier Relationship Management to Boost Real Value in the Supply Chain
Supplier relationship management (SRM) initiatives are on the rise, and companies who successfully implement these programs can realize a significant return on their technology investments.
Download Today!
From the May 2017 Issue
Everyone is talking about terms like digitization, Industry 4.0 and digital supply chain management, but what sort of technologies fall under these broad terms, and how will they change the management capabilities at our disposal? To find out, we talked to some noted supply chain analysts, consultants and technology executives and gathered six digital trends to watch.
Transportation Trends and Best Practices: The Battle for the Last Mile
2017 Technology Roundtable: Are we closer to “Intelligent” Logistics?
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Going Beyond Rate Negotiations for Logistics Cost Savings
The pressure to reduce cost is a fundamental part of every organization today leaving many supply chain professionals constantly renegotiating rates. This webcast examines four areas that may hold untapped savings potentials and even help organizations negotiate better rates.
Register Today!
EDITORS' PICKS
The Evolution of the Digital Supply Chain
Everyone is talking about terms like digitization, Industry 4.0 and digital supply chain management,...
2017 Salary Survey: Fresh Voices Express Optimism
Our “33rd Annual Salary Survey” reflects more diversity entering the logistics management...

LM Exclusive: Major Modes Join E-commerce Mix
While last mile carriers receive much of the attention, the traditional modal heavyweights are in...
ASEAN Logistics: Building Collectively
While most of the world withdraws inward, Southeast Asia is practicing effective cooperation between...