Executive Briefings

CombineNet Offers New Capabilities for Electronic Auctions

CombineNet Inc., a provider of strategic-sourcing systems for global supply chains, has developed new capabilities which allow procurement and sourcing managers to manage electronic sourcing events in a single platform.

The vendor has added E-Auctions based on its optimization technology. The latest release of CombineNet ASAP joins the company's Expressive Bidding application to support online sourcing activities. The cloud-based technology gives customers the ability to manage e-sourcing events for their entire range of addressable spend. CombineNet also offers Spend Analysis and Contract Management applications, to help users support the sourcing lifecycle. Additional features of the new E-Sourcing software include supplier-item visibility, event reset, and more features for integration with Microsoft Excel.

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The vendor has added E-Auctions based on its optimization technology. The latest release of CombineNet ASAP joins the company's Expressive Bidding application to support online sourcing activities. The cloud-based technology gives customers the ability to manage e-sourcing events for their entire range of addressable spend. CombineNet also offers Spend Analysis and Contract Management applications, to help users support the sourcing lifecycle. Additional features of the new E-Sourcing software include supplier-item visibility, event reset, and more features for integration with Microsoft Excel.

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