E-Sourcing Solution Specialist CombineNet is a Four-Time Food Logistics 100 Award Winner

PITTSBURGH, Dec. 17, 2012 /PRNewswire/ -- For the fourth straight year, CombineNet, Inc., the leading provider of best-in-class online sourcing technology solutions for global supply chains, has been recognized by Food Logistics magazine as a Top 100 Technology and Solution Provider. Each year, the editors of Food Logistics magazine recognize 100 technology solution and service providers that help grocery manufacturers, distributors and retailers gain a competitive logistical advantage. The highly coveted FL 100 list provides valuable information regarding technology vendors who focus on the needs of the entire supply chain.

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"With the evolution of the food supply chain, software and technology providers are playing a more critical role in addressing needs such as end-to-end visibility and collaboration, traceability, regulatory compliance, risk management, sustainability, and cost containment," notes Lara L. Sowinski, editor-in-chief of Food Logistics. "Technology is the competitive differentiator for companies in our industry who need to stay ahead of dynamic changes in the marketplace."

CombineNet's ASAP® product is a software-as-a-service (SaaS) e-sourcing solution that helps buyers at supply chain driven companies work more collaboratively with suppliers to effect significant procurement innovations and improvements.

For food manufacturing, distribution, and retailing industries, CombineNet ASAP is a best of breed solution for the procurement of:

• Transportation services across all modes
• Packaging materials for both primary and secondary food product packaging
• Food ingredients used in direct materials
• Indirect materials including equipment, MRO, and fleet vehicles
• Corporate and facility services

"From drought conditions to the rising costs of fuel and a variety of issues in between, this has been a year of challenge for food companies and their supply chain partners," said Rich Wilson, CombineNet's Chief Executive Officer. "CombineNet has answered the food industry's demands with strategic sourcing solutions that leverage best practices for Food Manufacturers as well as for Restaurant Chain Industries."

CombineNet's e-sourcing solutions are used by eight of the top 15 global food manufacturers, five of the world's largest beverage manufacturers, and 9 of the leading global restaurant chains. The final FL100 recipients are featured in the November/December 2012 issue of Food Logistics, as well as online at http://www.foodlogistics.com/article/10837645/the-2012-fl100.

For more on CombineNet's Strategic Sourcing Solution for Food Manufacturers: http://www.combinenet.com/solutions/industries/food-beverage-procurement.php

For more on CombineNet's Strategic Sourcing Solution for Restaurant Chains: http://www.combinenet.com/solutions/industries/restaurants-procurement.php

About CombineNet

CombineNet, Inc. delivers award-winning best-in-class e-sourcing software solutions through its products CombineNet ASAP® for advanced e-sourcing, CombineNet Spend Analysis, and CombineNet Contract Management. Using these Software-as-a-Service (SaaS)-based sourcing products, CombineNet customers can rapidly adopt proven solutions for increasing spend under management and improving enterprise spend insights. Now in its twelfth year in business, CombineNet is known for its track record in driving significant bottom-line and productivity savings for its clientele which includes: General Mills, Hershey's, Heinz, Smithfield Foods, Wendy's Quality Supply Chain Co-Op, CKE Restaurants, Procter & Gamble, Sears, Johnson & Johnson, A.P. Moller-Maersk, Bayer, Coca-Cola, PepsiCo, Reckitt Benckiser, AstraZeneca, and many more Global 2000 firms. www.combinenet.com

SOURCE CombineNet, Inc.