CombineNet "Sourcing Health Check" Gives Companies a Powerful, Free Diagnostic of Potential Untapped Supply Chain Savings

PITTSBURGH, July 20, 2011 /PRNewswire/ -- CombineNet, Inc., introduced today its Sourcing Health Check, a free diagnostic program designed to identify additional savings and value creation opportunities in supplier sourcing activities.

Stated Dave Zynn, CombineNet's executive vice president and chief financial officer: "We recognize that Sourcing and Procurement teams continue to face intense business pressure to drive down costs and risks while improving supplier value delivery. The Sourcing Health Check is an easy, practical and personalized offer that sourcing managers can take advantage of to identify potential areas of improvement and deeper savings in future negotiations, based on data from a recent sourcing event."

The CombineNet Sourcing Health Check only requires participants to complete a brief online survey about their sourcing environment and to submit a recent RFP template (under a non-disclosure agreement if preferred). Based on the participant's information received, CombineNet will build and deliver to each their custom Sourcing Health Check package that includes:

• Sourcing Benchmark Report: Benchmarks the company's sourcing environment, practices and results.
• Sourcing Template Review: Identifies potential areas for improving the RFP approach to drive greater supplier value, such as through Expressive Bidding.
• ROI Analysis and Recommendations: Offers practical suggestions on how to extract more value and savings from supplier bid events.

Companies interested in the free Sourcing Health Check can find more details and register to participate online at: http://www.combinenet.com/lp/healthcheck.html

About CombineNet

CombineNet, Inc. is the advanced sourcing technology company. CombineNet's ASAP product (Advanced Sourcing Application Platform) is a best-in-class Software as a Service (SaaS) e-sourcing solution that helps customers deliver the absolute best total cost of goods and services based on their unique business needs.  CombineNet ASAP is used to speed, simplify, optimize, and centralize the sourcing of any and all spend categories from global suppliers: direct and indirect materials, all modes of transportation, and services. In its 11 years in business, CombineNet has delivered more than $7 billion in bottom-line savings for businesses worldwide.  www.combinenet.com

SOURCE CombineNet, Inc.