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Ketera to Lead Best Practices in Social Commerce Workshop at Procure-to-Pay Summit

Topic: Maximizing the Value of Buyer-Supplier Relationships through Integrated Networks

San Jose, Calif., Feb 17, 2010 – Ketera, provider of the online Ketera Network business community, announced today that new Vice President of Strategic Accounts, Mary Ellen Mitchell, will be leading a social commerce best practices workshop at next week’s Procure-to-Pay Summit in Miami, Florida. Mary Ellen joins Ketera from her role as Vice President, Global Strategic Sourcing and Procurement for Softtek, and previously as Director of Global Strategic Sourcing for Office Depot, which together shaped her views on opportunities for businesses to better capture the value of growing B2B commerce networks.

This 3-hour session investigates the dynamics of an improving economy and innovative technologies on today’s marketplace and highlights the need to optimize buyer-supplier relationships. Areas of focus include:

  • How to effectively and efficiently mine through your supplier base, develop scorecards based on supply chain analytics and create a consolidated master view with significantly reduced touch points and redundancies
  • How to formalize trading partner relationships with technology and drive automation to reduce costs
  • How to transform vendors into strategic suppliers by leveraging insights into current relationships and discovering opportunities to intelligently forge new relationships
  • How to extend beyond the traditional value of compliance and control and enable dynamic optimization of your supply base by conducting source-to-pay activities on a buyer-supplier community-based network

Leslie Cedar, VP of Business Development at Ketera, commented, “Mary Ellen’s thought-leadership in understanding how to leverage trading relationships and automate buyer-supplier networks provides an illuminating perspective in today’s cloudy economic climate. I am thrilled to have her join us at Ketera to lead the charge to help organizations improve supplier relationships and gain strategic advantage. Her diverse experience in strategic sourcing, outsourcing services, and procurement as a practitioner, consultant, and service provider both domestically and internationally offers an unmatched 360-degree view of this challenge.”

We selected the Ketera eRFX tool because it is quick to implement, cost effective and drives efficiencies into the sourcing process.  Its portal design streamlines the communication, document traffic and analysis associated with conducting our RFPs.  The entire Ketera package has allowed us to run more events with fewer resources, leading to increased procurement efficiencies. Michael Feeney Vice President, Corporate Procurement for U.S. Bank prev next

When using a hard copy or .pdf system to manage our contracts, Luminex would sometimes miss key milestones.With Ketera Contract management we now have full contract compliance and sufficient advanced warning to take the appropriate actions in a timely fashion.  The Ketera solution also has resulted in huge time savings for us; deciphering language in a contract used to take us hours, now it takes us minutes. David Mendoza Director, Strategic Planning and Business Development Group for Luminex prev next

We recognized an opportunity to enhance our purchasing process with state–of–the–art technology – without the up–front investment and ongoing resource commitment associated with the implementation of enterprise software. Mitch Plaat VP Contract Services for Con-way prev next

Ketera′s on demand solution is ahead of the competition – we will be able to implement the solution in weeks and we never have to worry about taking the system down to install upgrades or make changes. Steve Kenny Vice President Risk Management and General Services for Columbia Credit Union prev next

From the beginning, Ketera explained everything to us, both from the technical and sales side. They′ve accommodated our needs and have been very helpful and responsive. Michael Kapeles Senior Supply Manager for Cabot Microelectronics prev next

Not only does Ketera provide innovative solutions for spend management, they also offer high quality professional services that let you get the most from their solutions. Working with Ketera is like a breath of fresh air. Nick Walker Procurement Manager for BTP prev next

Ketera's new solution is really an amazing innovation that will revolutionize the purchasing industry. Dian Trosclair VP of Supply Chain Management for ServiceMaster prev next

Using Ketera, we've lowered our costs and improved our compliance with negotiated corporate contracts. By buying on contract, we typically see a ten percent reduction in cost. Jim Cebula Director of Global Purchasing for Kennametal prev next