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Learn What It Takes for an Effective Procurement Strategy

Third Webcast in Supply Chain Series airs May 21

Raleigh, NC, May 20, 2002Tompkins Associates, the leading Total Operations consulting, information technology implementation and material handling integration firm, will offer its third Webcast in the "Achieving Supply Chain Excellence" series with "Getting the Best Deal: Procurement and Strategic Sourcing" on Tuesday, May 21 at 2:00 p.m. EDT. Registration is free and available by visiting http://www.tompkinsinc.com.

In today's economy, companies are continuing the pursuit of competitive advantage by searching for ways to boost the value proposition of the goods and services they offer. One of the main thrusts of these efforts is cost reduction to facilitate offering more for less. The introduction of total cost management to acquisition and source selection, based on strategic alignment to goals, is morphing the purchasing function into a broader based role known as procurement.

"Best Practices in e-Procurement," a research report by Aberdeen Group released in December 2001, states that although many organizations have had to overcome process and technical hurdles to access the complete value of e-Procurement, companies are gaining significant and rapid value from e-Procurement strategy and technology.

"Getting the Best Deal: Procurement and Strategic Sourcing" will focus on the key areas procurement professionals need to succeed-the business activities you must focus on to maximize profits, develop a total collaboration strategy that maximizes supplier partnerships and take advantage of the benefits of e-procurement. The "Achieving Supply Chain Excellence" Webcast is a valuable resource for moving beyond business as usual to working with customers and partners for a truly collaborative supply chain. Register today for the next Webcast, or visit Tompkins Associates' Webcast archive at www.tompkinsinc.com.

The "Achieving Supply Chain Excellence" Series:

March 19, 2:00-3:00 p.m. EDT-Good, Better, Best: How to Assess Your Supply Chain Performance. Discover the Six Levels of Supply Chain Excellence. Determine your supply chain's performance and how to go from good, to better, to best. (Now available via archive.)

April 23, 2:00-3:00 p.m. EDT-Supply Chain Tune Up: Fine-Tuning Inventory Through Demand Planning. Discover straightforward techniques for optimizing inventory levels and how to tap into the power of forecasting. (Now available via archive.)

May 21, 2:00-3:00 p.m. EDT-Getting the Best Deal: Procurement and Strategic Sourcing. Gain strategies to focus your procurement area on activities to maximize profits and more.

June 18, 2:00-3:00 p.m. EDT-Looking Up and Down the Chain: Network Optimization, Warehousing, Logistics and Transportation. Discover the supply chain improvement opportunities possible with technology, how to save 10 to 20 percent of total transportation costs and more.

July 23, 2:00-3:00 p.m. EDT-It's All About Partners: Customer and Supplier Partnerships and Collaboration. Learn the path to superior end-to-end partnerships, how to implement collaborative execution solutions for supply chain success and more.

Pre-registration is required. You may register for one or all Webcasts in the series by visiting http://www.tompkinsinc.com. Contact Tompkins Associates at 800-789-1257 or sales@tompkinsinc.com for more information.

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Media Contact:
E-mail Myra Schwartz or call 919-876-3667.

See Also:
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