ThomasNet.com Meets Enterprise Procurement Demands With New Corporate Edition

Enhanced Platform Includes 'RFI Follow Up' Services to Improve Supplier Responsiveness

Jan 11, 2016, 12:05 ET from ThomasNet

NEW YORK, Jan. 11, 2016 /PRNewswire/ -- ThomasNet.com, the leading platform for supplier discovery and evaluation, has utilized extensive feedback from its procurement user base to create its new enterprise version – ThomasNet.com Corporate Edition. Utilized exclusively in 2015 by Walmart suppliers as part of Walmart's $250 billion Made in America reshoring initiative, the Corporate Edition is being made available in 2016 to qualified organizations.

"Buying organizations have shared with us their challenges in regards to efficiency and collaboration during the supplier discovery process," said Tom Greco, Vice President, ThomasNet.com. "Our Corporate Edition feature set addresses these challenges head on including one that we hear about quite often – supplier responsiveness."

ThomasNet.com empowers buyers to find, vet, compare and connect with more than 700,000 North American suppliers of OEM and MRO (maintenance, repair and operations) products, custom manufacturing and industrial services. Users can qualify these companies by location, ownership/diversity status and quality certifications, and view in-depth profiles to develop their shortlists.

The ThomasNet.com Corporate Edition adds several new features to help teams exchange information and accelerate the shortlisting process. These include:

  • My Approved Suppliers: Users can add their organization's entire approved supplier list to the platform, enabling them to quickly see when an existing partner can fulfill their need for a different product.
  • Collaboration Tools: Buyers can share saved suppliers and shortlists with their colleagues.
  • Single-Send RFI: Procurement professionals can invite an unlimited number of responses to a single request for information, quote or proposal.
  • RFI follow-up: To facilitate buyer/seller communications, ThomasNet.com staff will contact every supplier that receives these requests, to determine their interest and intent to act on the request.

CPOs and business leaders interested in learning if the ThomasNet.com Corporate Edition can be utilized in their organization can contact Donna Cicale, at dcicale@thomasnet.com.

About ThomasNet®
ThomasNet provides solutions that make it easier for buyers and engineers to partner with the right industrial suppliers. For nearly a century the Company's "big green books"-- the Thomas Register -- were considered indispensable to B2B buyers and manufacturers alike. Today, ThomasNet offers tools to facilitate every step of the buying process. This includes industry's leading supplier discovery and evaluation platform, free online at ThomasNet.com.

Contact: Annette Browdy
212.290.7260
abrowdy@thomasnet.com

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SOURCE ThomasNet



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