|
Cooper Industries Selects SAQQARA'S Catalog Management Service for e-Procurement® (CMS)
Four Billion Dollar Manufacturer of Electrical Products, Tools and Hardware Chooses SAQQARA to Create, Host and Manage Supplier Catalogs
SAN JOSE, Calif., September 2, 2003 - SAQQARA® Systems, Inc., a provider of catalog management software and services with more than 80 customers worldwide, announced today that Cooper Industries has elected to use SAQQARA Catalog Management Service for eProcurement® (CMS) company wide. Cooper Industries, which employs over 28,000 people and operates more than 100 manufacturing facilities around the world, has outsourced to SAQQARA the creation, hosting and management of Cooper's supplier catalogs for the entire company, which includes seven electrical product divisions and two power and hand tool divisions.
SAQQARA will manage Cooper's entire supplier catalog management process including supplier engagement, content aggregation, content transformation, cleansing, classification, and hosting for use through Cooper's eProcurement system. Through an exceptional end-to-end supplier management process, Cooper can review and approve content changes and never lose control over what is requisitioned. By leveraging economies of scale, fully automated processes, rules, and robust software automation, SAQQARA CMS provides Cooper Industries with the fastest supplier enablement in the industry.
"SAQQARA CMS was the most cost effective, feature-rich, and easiest to deploy and use solution we looked at," said Paul Kimberling, Manager, Financial Systems at Cooper Industries. "SAQQARA manages all aspects of our supplier catalogs, including on-boarding and long term maintenance of updates and changes, and they easily conform to our data structures. With the help of SAQQARA, we look forward to capturing the full ROI potential of our eProcurement strategy."
SAQQARA CMS, will create, host and manage a private customized Web-based catalog solution for Cooper Industries that is expected to host 60 suppliers and over one million SKUs . The solution will provide Cooper with complete control over what end users see, and a powerful intuitive interface to help users quickly find the products they need to buy.
"SAQQARA is committed to helping corporations maximize their e-procurement ROI and simplify the supplier onramp process," said Rick Collison, Vice President of Marketing, SAQQARA Systems, Inc. "SAQQARA's CMS, is a comprehensive managed service that rapidly increases the amount of useable catalog content for e-procurement implementations, while lowering the cost of acquiring, transforming and managing that content to achieve maximum e-procurement ROI. We look forward to helping Cooper Industries achieve their e-procurement objectives."
About Cooper Industries
Cooper Industries, with 2002 revenues of $4.0 billion, is a worldwide manufacturer of electrical products, tools and hardware. Additional information about Cooper is available on the company's World Wide Web site: www.cooperindustries.com.
About SAQQARA CMS
SAQQARA Catalog Management Service for e-Procurement leverages the unique power of SAQQARA's CommerceSuite and ContentWorks technologies to generate highly customized catalog management applications that automate the entire product content management process. As a result, CMS is a cost-effective and scalable managed service solution that infuses SAQQARA's business process expertise for gathering and managing supplier data customized to a buyer's requirements. CMS reduces the source-to-publish timeline from months to weeks or even days, and the update process from days to minutes, delivering on otherwise unattainable e-procurement ROI quickly.
About SAQQARA Systems, Inc.
SAQQARA is a leading provider of comprehensive product content and catalog management software and managed services that enable suppliers, manufacturers, distributors, and buyers to create, manage, and leverage product content as a strategic asset. With more than 80 customers worldwide, SAQQARA solutions have been selected by global and diverse companies including Eastman Chemical, Memec, Molex, 3M, Honeywell, GE and Philips Semiconductors to play a strategic role in their e-business initiatives. SAQQARA is a privately held corporation with headquarters in San Jose, California. For further information about the company and its products, visit http://www.saqqara.com or call 408-325-8200 or toll free 877-964-0100. |