Business Services Industry
Wallace Named to Oracle Supplier Advisory Board
Business Wire, Feb 24, 2003
Business Editors
LISLE, Ill.--(BUSINESS WIRE)--Feb. 24, 2003
Wallace (NYSE:WCS), the leading provider of print management services, today announced that it has been chosen by Oracle Corp. (NASDAQ: ORCL), the world's largest enterprise software company, as a member of its Supplier Advisory Board (SAB).
Oracle's SAB furthers the company's commitment to improving supplier relationship management (SRM) processes in line with evolving business requirements. Founding members of the Oracle Supplier Advisory Board include: Boise Office Solutions, Dell Computer, Grainger, HP, Kelly Services, McCormick & Company Inc., Moore Corporation Ltd., Newark Electronics, Relief Printing, SHI, Software Plus, Software Spectrum, Staples, Toshiba, Trodat Marking Products and Wallace.
The Supplier Advisory Board creates a collaborative environment where Oracle and SAB members work together to develop more effective procurement applications that include both the buyer and supplier's perspectives. The SAB uses a direct communication channel between members and Oracle's development team to map critical supplier processes and influence product direction for SRM applications -- helping ensure new capabilities solve high-priority problems that both buyers and suppliers experience.
"Effective supplier relationship management requires optimization of business processes and supporting technologies," said Dave Stephens, senior director of Procurement Applications at Oracle. "The Supplier Advisory Board provides Oracle with extremely valuable input to enhance its procurement applications for increased value across the supply chain and better ROI for our customers."
Oracle(R) Procurement
Oracle Procurement, part of the Oracle E-Business Suite, optimizes and automates all steps of the procure-to-pay business flow, while maximizing supplier collaboration and sourcing capabilities to significantly reduce purchasing costs, improve process efficiencies and increase profit margins. Oracle Procurement offers a comprehensive set of solutions -- Oracle iProcurement, Oracle Purchasing, Oracle Sourcing, Oracle iSupplier Portal, Oracle Purchasing Intelligence, and Oracle Payables -- to manage a company's procurement process, a platform to integrate other e-business solutions, and professional services to help organizations formulate purchasing strategies.
About Wallace
Wallace (NYSE:WCS) is a recognized leader in delivering a comprehensive suite of world-class print management services through its Total Print Management (TPM) program. Total Print Management enables Wallace to meet the unique communications challenges of its Fortune 1000 clients through a single-source solution that extends well beyond ink on paper. Offerings include traditional and digital print capabilities, distribution logistics, kitting and fulfillment, digital asset management, inventory management, print optimization, direct marketing and electronic commerce. Founded in 1908, Wallace is headquartered in Lisle, IL, with manufacturing, distribution and sales facilities throughout the United States. For more information, please visit http://www.wallace.com.
Oracle is a registered trademark of Oracle Corporation and/or its affiliates.
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