SciQuest and GlaxoSmithKline to Present at the European Purchase-to-Pay Summit 2006
RESEARCH TRIANGLE PARK, N.C., September 5, 2006 – SciQuest, Inc., a leading provider of on-demand supplier management and procurement automation solutions, today announced that it will partner with GlaxoSmithKline to present at the European Purchase-to-Pay Summit in Paris on September 6th. Gregg Brandyberry, GSK’s vice president of procurement, global systems, and operations, along with Suzanne Miglucci, vice president of marketing and strategic alliances, will discuss best practices in global procurement and supplier enablement strategies.
– Key strategies to globalizing e-procurement
– Opportunities and challenges of expanding e-procurement from the US to the UK and beyond
– Benefits gained with common worldwide processes including spend management, contract compliance, overall savings, end-user adoption of electronic processes and supplier consolidation
With nearly $3 billion flowing through its system in the US and UK alone, more than 120 available catalogs, and an average of 3000 unique users buying each month, GSK recognized the need to install a uniform and automated procurement process on a global level, Following a successful rollout in the US and UK in 2001, GSK looked to extend e-procurement globally.
“By implementing a global e-procurement program, we eliminated paper purchase orders, streamlined our procurement operations, and greatly improved contract compliance in catalog-rich supply categories,” Brandyberry noted. “Most importantly, we captured our total US/UK e-procurement project costs in less than 12 months.”
Brandyberry is responsible for the development and implementation of web-enabled decision support systems, e-sourcing and e-procurement. In addition, he is responsible for supplier diversity, procurement compliance and the electronic bidding and negotiation of over $4 billion in spend through a best practice sourcing organization. In 2003, under Gregg’s leadership, GlaxoSmithKline was awarded the prestigious Charter Institute of Procurement and Supply award for “Best Use of Technology by a Procurement Organization”.
“GSK recognizes that centralized ownership of e-procurement tools is critical to maintaining best practices and standards on a global level,” said Miglucci. “SciQuest is extremely proud to support their efforts in building a successful e-procurement program and revolutionizing globalization initiatives which can be applied by any organization of any size.”
For more information regarding the European Purchase-to-Pay Summit 2006 visit: http://www.iqpc.co.uk/cgi-bin/templates/singlecell.html?topic=549&event=10492
About SciQuest, Inc.
SciQuest provides on-demand supplier enablement and procurement automation solutions that reduce operating costs, drive end-user adoption, bring more spend under management and increase visibility into organization-wide spending. Through SciQuest solutions, organizations gain immediate cost savings and rapid ROI.
Organizations can quickly enable a critical mass of suppliers through the SciQuest Supplier Network (SQSN) and leverage SciQuest Managed Services to fully manage catalog data and order delivery on an ongoing basis, significantly reducing the need for in-house IT and support resources. With an integrated supplier base, organizations can maximize on-contract spending and gain real-time visibility and reporting capabilities throughout the entire order process.
In addition to a source-to-settle suite of e-procurement applications, SciQuest also offers supplier and order management modules that seamlessly integrate with existing ERP and enterprise financial systems, driving greater return from existing investments.
For more information about SciQuest, please visit www.sciquest.com, or call 919.659.2100.
