PolyDyne’s Contract Management Module Featured in Purchasing Magazine’s Annual “Software Buyers Guide for Purchasing”
Austin, TX (MARKET WIRE) – 08/11/2004 – PolyDyne® Software Inc. (PSI), the leading provider of enterprising solutions for strategic outsourcing to the electronics manufacturing services (EMS) sector, today announced that Purchasing Magazine has featured the company’s Contract Management module in its annual “Software Buyer’s Guide for Purchasing.” This module is a standard component of PolyDyne’s DesignWin™ iX and QuoteWin® iX solutions, complementary web-based solutions that help OEMs and contract manufacturers, respectively, to realize higher profits, greater productivity, improved business decision making, and stronger linkages within the EMS supply chain. PolyDyne is one of a very select group of 15 companies whose Contract Management solutions are profiled in this special issue of the magazine.
Each year the editors of Purchasing Magazine conduct extensive research to assess market conditions, technology trends, and the key needs of purchasing organizations throughout the world to determine the next wave in software functionality that has the greatest potential of impacting a company’s bottom line. Consequently, they discovered that EMS companies collectively lose billions of dollars a year in missed sales opportunities and cost savings primarily from having sub-optimal contract terms, slow contract cycle times, and renegade contracting processes. Furthermore, they estimated that up to a third of the leading sourcing operations are either implementing or evaluating Contract Management software to address these issues. Since the time appeared right for promoting Contract Management functionality into an EMS participant’s supply base strategy, the magazine made it the focus of this year’s “Software Buyer’s Guide for Purchasing.”
“It’s exciting to see customers using PSI’s Contract Management module since its functionality brings to life the essence of liquefying the supply chain,” said David Tabb, CEO of PolyDyne. “By collaborating directly with suppliers on-line,” added Mr. Tabb, “CMs and OEMs are able to seamlessly communicate their global component demand, targets, and standards. Likewise, suppliers are able to see increased business and performance gains from greater TAM visibility, and supply base managers are able to see positive negotiation results by component, commodity, and assembly. In essence, PSI’s contract management module helps to deliver an improved global position to all constituencies at each level of the supply chain.”
For more information on PolyDyne’s strategic outsourcing solutions, go to http://www.polydyne.com.
To learn more about PolyDyne’s contract management functionality, as profiled in the 2004 “Software Buyer’s Guide for Purchasing,” go to http://www.manufacturing.net/pur/article/CA436124.html?text=Buyers+guide.
About Purchasing Magazine
Purchasing Magazine, the magazine of total supply chain management and e-procurement, is published 20 times per year and is read regularly by more than 95,000 purchasing professionals working in manufacturing, process, and service companies. The magazine provides purchasing and supply chain management professionals with how-to-buy information to perform their jobs, including forecasts, proprietary data, strategic sourcing ideas, and interpretive articles written by an experienced staff of editors. The magazine publishes buyer’s guides annually for chemicals, metals, and e-procurement with the guidance of an editorial advisory board that is Who’s Who in supply management.
About PolyDyne
PolyDyne Software Inc. provides strategic outsourcing solutions, training, and consulting services to forward-looking companies participating in the supply chain of the electronics manufacturing services sector. Benchmark, Celestica, EMC, Flextronics International, HP, Marconi, Plexus, and Suntron are among PolyDyne’s worldwide customer base. PolyDyne’s DesignWiniX, QuoteWiniX and SupplyWin® iX suite of iXchange solutions streamline component sourcing, RFQ management processes, and spending strategies, thereby minimizing material costs and errors, substantially improving productivity and customer service, and accelerating time to market. PolyDyne’s BidRacer™ is an exceptionally affordable and proven web-based quote management solution that offers the simplicity and power to turbo-charge operations and profits for up-and-coming CEMs. For more information, call (512) 343‑9100 or visit the PolyDyne web site at http://www.polydyne.com.
Company Contact:
Laura P. Canann
Senior Marketing Manager
PolyDyne Software
9390 Research Blvd.
Suite 415
Austin, Texas 78759
Tel: (512) 343-9100
Fax: (512) 343-9297
Email: Canann@PolyDyne.com