PITTSBURGH, June 2 /PRNewswire/ -- CombineNet, the leading provider of advanced sourcing and optimization technologies, announced today that Inbound Logistics magazine has recognized the company as a "2010 Top 100 Logistics IT Company." For the past 15 years, Inbound Logistics editors have compiled an annual list of 100 logistics IT companies that support and enable logistics and supply chain excellence.
"When choosing this year's Top 100 Logistics IT Providers, Inbound Logistics editors looked at excellence in solving transportation and logistics challenges, but at a higher, more strategic level. Selections were based on how transformative logistics IT solutions impact all business activities and drive integration across internal processes as well as external processes for vendors and customers," said Felecia Stratton, Editor of Inbound Logistics. "CombineNet was selected because its solutions solve specific logistics challenges and improve processes, and create a ripple effect of efficiencies across the entire value chain. Inbound Logistics is proud to honor CombineNet for innovative solutions empowering logistics and supply chain excellence."
Through a comprehensive process of evaluating questionnaires, conducting research, and soliciting reader feedback, Inbound Logistics chose the top 100 companies who are leading the way in 2010. With more than 300 applicants, Inbound Logistics editors seek to match readers' fast-changing needs to the capabilities of those companies selected. All companies selected reflect leadership by answering Inbound Logistics readers' needs for simplicity, ROI, and efficient implementation.
"Being recognized by Inbound Logistics as a leading provider of logistics technology solutions is an honor," said Rich Wilson, President and COO of CombineNet. "Our advanced sourcing and optimization technologies have generated billions of dollars in savings for our clients, and have helped them make strategic business decisions that enable them to focus their efforts on driving more value from their supply chains."
CombineNet, the advanced sourcing technology company, helps companies achieve the absolute best value and lowest total cost of ownership for goods and services. CombineNet's Advanced Sourcing Application Platform enables companies to engage in Expressive Commerce™, the strategic sourcing initiative that allows buyers and sellers to communicate supply and demand more expressively, collaboratively and strategically. The result is a win-win for both buyer and supplier, where greater innovation and efficiency are driven into the supply chain. CombineNet's ASAP consistently produces 10, 15, even 20 percent greater actual cost savings than other e-sourcing solutions, and has delivered more than 45x ROI for the largest businesses in the world including General Mills, PepsiCo, Procter & Gamble, Siemens and others. For more information, visit www.combinenet.com.
About Inbound Logistics
Inbound Logistics is the pioneering publication of demand-driven logistics practices, also known as supply chain management. IL's educational mission is to guide businesses to efficiently manage logistics, reduce and speed inventory, and neutralize transportation cost increases by aligning supply to demand and adjusting enterprise functions to support that paradigm shift. More information about demand-driven logistics practices is available at www.inboundlogistics.com