Epiphany Supply Chain Solutions to Run its GPO Business on the Ketera Network
Purchasing portal will deliver pre-negotiated pricing in selected categories
San Jose, Calif., Jan 21, 2010 - Ketera, provider of the online Ketera Network business community, today announced that Epiphany Supply Chain Solutions, a provider of procurement and supply chain related services, has selected the Ketera Network as the platform to manage transactions for its no-membership-fee Group Purchasing Organization (GPO). The Ketera Network will enable the Epiphany Buying Portal to manage purchasing transactions of mid-sized businesses and is expected to be operational in January 2010.
The Epiphany Buying Portal on the Ketera Network is an online procurement site that provides pre-negotiated advantageous pricing for a selected group of categories to its GPO customers based on aggregated buying volume with certain suppliers. Epiphany has already signed contracts with recognized industry-leading suppliers to offer preferred pricing to its customers in categories such as janitorial and packaging supplies, green cleaning products, office supplies, computers and peripherals, and Maintenance Repair and Operations (MRO). Since the Epiphany Buying Portal is based on the Ketera Network Procurement solution and integrated into the Ketera Network, customers can combine their online purchases from the Epiphany GPO suppliers and the Ketera Network suppliers into a single shopping cart.
"JanPak is the leading supplier of distinctive and responsible cleaning and packaging solutions across a variety of vertical markets. Every business needs cleaning and packaging supplies. In Epiphany's Buying Portal, we see a vast opportunity to discover and connect to new clients in a very cost effective way," said Todd Myers, Vice President/General Manager at JanPak Dallas/Ft. Worth. "We're excited to be a charter member of this new GPO community, serving the needs of mid-sized businesses while helping them reduce operating costs in this challenging economic climate."
Robert Klein, Managing Partner at Epiphany Supply Chain Solutions added, "After evaluating multiple options, we decided to run the Epiphany Buying Portal on the Ketera Network. The Ketera Network's comprehensive and easy-to-use eProcurement and invoicing technology allows us to provide a world-class online requisitioning, purchasing, and invoice reconciliation experience for our customers. Moreover, our customers will benefit from the supply chain community services, supplier discovery, and market analytics that the Ketera Network provides."
"We are extremely excited that Epiphany has chosen to run its Buying Portal on the Ketera Network", said Stephen Savignano, Chairman and CEO of Ketera. "This partnership simultaneously strengthens the Ketera Network community and launches a potent new service for mid-market businesses that have long sought to take advantage of group purchasing leverage. It's also a perfect demonstration of the power of fusing best-in-class spend management applications with an active network of buyers and suppliers to drive better business results for all participants."
About Epiphany Supply Chain Solutions
Epiphany Supply Chain Solutions, Inc. brings world-class Source-to-Pay and Supply Chain solutions to small and medium-sized companies in areas such as strategic sourcing, spend analytics, category management, supplier management and supply chain process consulting. Leveraging the proven industry experience of its management team, associates and supplier partners, Epiphany delivers results that drive fast, significant hard dollar value. For more information about Epiphany, please visit: www.epiphanyscs.com