Subscribe to our free, weekly email newsletter!


Logistics managers being offered enhanced “auction” software

CombineNet, Inc. has released new capabilities to help procurement and sourcing teams address enterprise-wide E-Sourcing event needs in a single platform
By Patrick Burnson, Executive Editor
May 14, 2012

Supply chain mangers seeking to leverage price “compression” in their forecasts are being offered a new product this week.

CombineNet, Inc. has released new capabilities to help procurement and sourcing teams address enterprise-wide E-Sourcing event needs in a single platform. According to spokesmen, the addition of next-generation E-Auctions is powered by robust optimization technology.


“CombineNet ASAP delivers optimization-enabled E-Auctions, which, together with CombineNet’s iExpressive Bidding, results in a scalable E-Sourcing application for online sourcing events,” said Greg Holt, the company’s director of product marketing.

In an interview, he added that supply chain managers should be able to use the new enhancement to locate and measure price points in various trade lanes as ways of containing cost.


“The cloud-based software now provides customers with the ability to manage E-Sourcing events for their entire range of addressable spend, from the simple and routine to the largest and most complex of spend categories,” said Rich Wilson, CEO of CombineNet.

The A.P. Moller - Maersk Group is one of the first major users, added Wilson.

CombineNet ASAP is used by Global 2000 companies to source everything from office supplies to transportation and complex services.  With the latest release of CombineNet ASAP, users may choose from multiple event types when creating a new sourcing event: Request for Information (RFI); Sealed-bid Request for Proposal/Tender (RFP); or Reverse E-Auction, with options for Standard, Japanese and Dutch Reverse Auctions. No specialized training is required to use CombineNet’s E-Auctions.

Additional features of this new E-Sourcing software release also include the following:

• Supplier-Item Visibility: enables users to limit a supplier’s visibility to specific items within a sourcing event, providing buyers with greater flexibility to control how suppliers participate in CombineNet sourcing events.
• Event Reset: provides the ability to reset an event back to its original state, as if the first bid round had not started. This feature will greatly simplify the event creation-through-launch process.
• More Features for Microsoft Excel Integration: enables rapid upload processing of Excel-based bid sheets to streamline supplier bidding.

About the Author

image
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 .(JavaScript must be enabled to view this email address).


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!

Recent Entries

Last week, the United States Department of Transportation took further steps to address various issues identified in recent train accidents involving crude oil and ethanol shipped by rail. The announcement was made by DOT with other DOT agencies, including the Federal Railroad Administration (FRA) and the Pipeline and Hazardous Materials Safety Administration (PHMSA).

Logistics Management Group News Editor Jeff Berman had an opportunity to interview Derek Leathers, President and Chief Operating Officer of Werner Enterprises, at this month's NASSTRAC Shippers Conference and Transportation Expo in Orlando. They discussed various aspects of the truckload market, including prices, fuel, and regulations.

During this webcast our presenters will apply the findings of the 23rd Annual Trends & Issues in Transportation and Logistics Study to the world of shipper-carrier decision making. They'll examine the primary aspects that will influence the future direction for shipper-carrier decision-making.

For February, the month for which most recent data is available, the SCI dropped to -1.0 from January’s 2.6, with FTR explaining that the short term positive impact from one-time adjustments for rapidly dropping diesel prices and the suspension of the 2013 motor carriers hours-of-service expires later this year.

Seasonally-adjusted (SA) for-hire truck tonnage in March was up 1.1 percent on the heels of a revised 2.8 percent (from 3.1 percent) February decline, with the SA index at 133.5 (2000=100). This is off 0.3 percent from the all-time high for the SA of 135.8 from January 2015 and is up 5 percent annually.

Article Topics

News · Global · Technology · Software · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA