New Procuri Monograph is a Pragmatic Guide to Strategic Sourcing; Driving Business Performance with Strategic Sourcing Now Available

Business Wire, Oct 11, 2004

ATLANTA -- Procuri Inc., a leading provider of Web-based strategic sourcing solutions, demystifies strategic sourcing with a new 96-page monograph entitled, "Driving Business Performance with Strategic Sourcing: A roadmap to saving significant time and money through 'best value' strategic sourcing within the next few weeks--not months or years from now."

"Strategic sourcing has had extensive publicity but very few substantive explanations of the straight-forward and proven steps any enterprise can take to start immediately accruing significant benefits," said Mark F. Morel, Sr., Procuri president and CEO. "This new Procuri monograph lifts the shroud of ambiguity because it is based on our real-world experiences working with professionals at more than 125 enterprises of all sizes, industries, geographies and spend categories."

Part I examines why many enterprises are habitual "shoppers," how strategic sourcing differs from procurement, the value it can create for an enterprise, and how to go about implementing sourcing processes with the support of strategic sourcing solutions.

Part II is an in-depth explanation of strategic sourcing including how buyers can become strategic sourcers, sourcing best practices, the sourcer as change agent, building credibility internally to overcome resistance, balancing price with non-price factors, predicting a potential supplier's future performance, how to contract to get the best performance from suppliers and performance management to assure mutual success.

"Driving Business Performance with Strategic Sourcing" is available now from Procuri and can be obtained by visiting www.procuri.com/book.> About Procuri Inc.

Procuri, the fastest growing strategic sourcing solutions company, empowers more than 130 customers of all sizes, industries, geographies and spend categories, including Procter & Gamble, Eastman Kodak, ITT Industries, KLM Royal Dutch Airlines, Rio Tinto and U.S. Steel. Procuri's Web-based solutions are significantly driving down costs and cutting cycle times for enterprises sourcing from more than 88 countries. For more information, call 1-877-360-1600 or visit www.procuri.com.