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Ariba StartSourcing™

“Strategic Sourcing” line of business

Global Capacity, Inc. (parent: Capital Growth Systems, Inc. (OTC Bulletin Board: CGSY)), the world’s leading telecommunications information and logistics company, today announced that its “Strategic Sourcing” line of business delivered strong 2009 results, positioning the company for continued growth in 2010. Global Capacity leverages its Knowledge Engine, a proprietary telecom industry information and automation tool across 195 countries and 6 continents, to enable its clients to make intelligent buying decisions. The Strategic Sourcing products, “One Marketplace” and “Network Novation Services,” allow customers to design, price, build, optimize and manage both standard and customized worldwide data movement. Read more at investor.globalcapacity.com
 

SourcingBoard

Amplifyd from www.smartbrief.com

SourcingBoard is based in Houston, Texas; but is a virtual company with locations throughout the Americas and advisors who have lived and managed engagements globally. It offers ITO and BPO advisory and support services. For more information, visit their website at www.SourcingBoard.com

Read more at www.smartbrief.com
 

Purchasing uses cross functional teams to source

Amplifyd from www.purchasing.com
Cross-functional teams are not new: Purchasing operations at world-class companies have been leading teams of people representing different functions—human resources (HR), finance, engineering—to source direct and indirect spend categories for decades. But there are signs that cross-functional teams led by purchasing pros have come into their own and have become fully ingrained in the corporate culture. A few notable examples:Read more at www.purchasing.com
 

Top Firm for Procurement Outsourcing in Financial Services Industry

Amplifyd from newsroom.accenture.com
Accenture (NYSE: ACN) has been named the leader in procurement outsourcing services within the financial services industry by Everest Research Institute, part of Everest Group, a leading global consulting firm specializing in sourcing strategy and implementation. Accenture topped the list because of the company’s experience, breadth of service offerings and 95 percent market share by annualized contract value.
A total of 17 major service providers across the globe were evaluated for the report, entitled, Procurement Outsourcing in Financial Services: From Wall Street to Martin Place.” As part of the study, Everest Group reviewed multi-year contracts that involved the outsourcing of three or more activities ranging from sourcing to payment.
 
Read more at newsroom.accenture.com
 

Global Sourcing Forum

Amplifyd from www.businesswire.com

“We are emerging from a period of historic economic turbulence that required many companies to change their basic business practices to remain competitive,” said David Etzler, CEO of OutsourceWorld, LLC, producer of the Global Sourcing Forum + Expo. “Sourcing has emerged as a strategic differentiator, allowing companies to focus on core competencies, enter new markets or explore partnerships and extended relationships for certain business processes. The Global Sourcing Forum + Expo has captured the most current thinking, best practices and emerging trends that show how companies are incorporating sourcing into a successful market strategy as well as what companies are planning for 2010 and beyond. Attendees can expect to experience the most current learning and best practices in a dynamic, business-driven environment.”

Read more at www.businesswire.com