Siennax Inc

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Description

Through our combined Strategic Sourcing Services and Private Sourcing Networks, we provide a complete end-to-end sourcing solution that enables us to offer customers a full-service approach for successfully engaging in any type of electronic trading activity. Siennax has extensive experience and a proven methodology and best practices for driving savings via both online auctions/negotiations and RFx trading events.

MySourcingCenter® application - Retail e-sourcing application, configured to meet the unique needs of each individual retailer. Deployed via the Internet as a hosted application, MySourcingCenter resides on a centralized server rather than individual PCs. Access is available anywhere, 24 hours a day, real time, and implementation requires no incremental headcount or IT requirements. This enables company-wide transparency and global access to complete information, and seamless sourcing processes across the organization.

An important component of any successful strategic sourcing initiative is a comprehensive understanding of potential ROI by product category. Each product category offers unique opportunities for bottom-line savings if approached with the most effective sourcing methodology. Retailers must have access to the latest available information on current and historical data in order to make effective long- and short-term sourcing decisions, as well as to develop an overall strategic sourcing strategy.

Siennax is the leading provider of retail pre-order sourcing solutions to global retailers seeking to gain competitive advantage by reducing costs, improving margins, and increasing sourcing productivity.

AMSTELVEEN, Netherlands & SAN DIEGO, California, USA - Mar 9th, 2004 Siennax, a leading provider of utility computing today announced the acquisition of the assets of SourcingLink.net, a strategic sourcing and supply chain solutions provider based in San Diego. The combined company, which will operate under the Siennax name, brings together Siennax trusted utility platform with SourcingLink's' extensive supplier management and strategic sourcing expertise. The SourcingLink's teams will be integrated into the Siennax group of companies.

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