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 Patrick Burnson, Executive Editor
May 04, 2011 - SCMR Editorial

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

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

The Institute for Supply Management’s (ISM) August edition of the Manufacturing Report on Business saw its PMI, the ISM’s index to measure growth, fall 1.6 percent to 51.1, following a 0.8 percent decline to 52.7 in July. Even with the relatively slow growth over the last two months, the PI has been at 50 or higher for 31 consecutive months.

Hackett observed in the new report that China’s economy has lost steam, with actual growth falling short of targeted rates, while the United States most recent second quarter GDP reading at 3.7 percent outpaced expected targets, even though it was negatively impacted by gains in manufacturing and retail inventories.

The proposed merger of Cosco and CSCL could spark further container consolidation

The average price dropped 4.7 cents to $2.514 per gallon, which now stands at the lowest weekly average price for diesel since July 2009, when it was at $2.542 the week of July 27, 2009, according to EIA data.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement partners Canada and Mexico in June dropped 3.8 percent annually to $99.0 billion. This followed a 10.8 percent decline in May to $92.7 billion.

About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review. Patrick covers 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. Contact Patrick Burnson

Comments

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