In a relatively slow-news period for the front office software gang, this and the next post offer some tidbits.
--Mike Buckley
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Nike Selects Remedy Purchasing@Work to Reduce Their Procurement Costs
MOUNTAIN VIEW, Calif., April 3 /PRNewswire/ -- Remedy(R) Corporation (Nasdaq: RMDY), the world's leading supplier of eCRM and eBusiness infrastructure solutions, today announced that Nike Inc. (NYSE: NKE) has selected Remedy Purchasing@Work(TM) as its eProcurement solution to reduce costs for Maintenance, Repairs, and Operations (MRO) purchases. Remedy Purchasing@Work will become part of the Nike corporate intranet to provide Nike employees access to on-line procurement.
"We chose Remedy Purchasing@Work after a stringent evaluation process for corporate purchasing, including support of distributed networks of supplier catalogs," said Jay Schwartz, Director of Corporate Procurement at Nike. "Remedy Purchasing@Work offered the best balanced solution for our needs including integration with our current ERP applications. We expect significant cost savings over the next two years by using the Remedy solution."
"We're excited to be partnering with Nike, the world's leader in sports and fitness footwear and apparel," said Larry Garlick, CEO of Remedy Corporation. "Nike's selection of Remedy Purchasing@Work demonstrates our ability to provide global corporations with the edge they need for a successful eProcurement solution. We welcome Nike to our growing family of customers in eProcurement."
About Remedy Purchasing@Work
Remedy Purchasing@Work is a Web-centric, self-service solution that automates and streamlines the purchasing process for non-production materials and services. Links to online catalogs consolidate information from multiple suppliers, provide easy access to accurate and timely product selection and pricing, and reduce maverick spending by encouraging buying from approved vendors. Automatic routing, approvals and notifications significantly reduce the time consumed by manual requisition tracking, and provide visibility and status checking at each stage of the process, from pricing through approval, order placement, and receipt. Accurate reporting lets purchasing personnel focus on more strategic initiatives, such as supplier consolidation, inventory management, and improving supplier performance, delivering significant savings to the bottom line.
About Remedy
Remedy is the world's leading supplier of eCRM and eBusiness infrastructure solutions. With over 8400 sites in production, more organizations use Remedy products for eCRM and eBusiness infrastructure management than any other solution. Remedy delivers service solutions that accelerate an organization's move to eBusiness and raise its agility to continually differentiate from competitors. Remedy's fast deployment programs and radical adaptability enable organizations to move more quickly to an eBusiness model, and to do so in a differentiated way. By focusing on internal and external service as competitive differentiators, the company's customers continually improve both their customer interactions and internal operations to raise satisfaction and lower costs. More information on Remedy, its products and services is available on the company's Web site at www.remedy.com.
About Nike
Nike, Inc., based in Beaverton, Oregon, is the world's leading designer and marketer of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Wholly owned Nike subsidiaries include Bauer Nike Hockey Inc., the world's leading manufacturer of hockey equipment; Cole Haan, which markets a line of high-quality men's and women's dress and casual shoes; and Nike Team Sports, which markets licensed team products. More information on Nike is available on the company's Web site at www.nike.com. |
