NEWSWIRETODAY Press Release& Newswire Distribution | HOME
MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Agency / Source: Tinkle

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Five iSOCO Clients Win Prizes for Innovation in Purchasing Management - The companies have been recognised by the Spanish Purchasing, Hiring and Provisioning Professionals Association (AERCE) thanks to the innovative nature of their technological solutions introduced by iSOCO in their Purchasing Management Divisions
Five iSOCO Clients Win Prizes for Innovation in Purchasing Management

 

NewswireTODAY - /newswire/ - Barcelona, Spain, 2011/08/03 - The companies have been recognised by the Spanish Purchasing, Hiring and Provisioning Professionals Association (AERCE) thanks to the innovative nature of their technological solutions introduced by iSOCO in their Purchasing Management Divisions.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering IT Services / Network Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

iSOCO, an international technology leader in the development of applications that contribute to positioning companies in the Networked Economy, has received recognition for its work through the prizes awarded to five of its clients for the innovative processes introduced into their purchasing departments.

Repsol YPF, in the Innovation category; Almirall, for the Best Use of Financial or Technological Tools; Grupo Leche Pascual, for their ex aequo strategy with Purchasing Management; Grupo Mahou-San Miguel, in the Training category; and Soler y Palau, in the Provider Integration in the Value Chain category, are the client companies of iSOCO that have won the prestigious Purchasing Diamonds awarded annually by AERCE.
The Purchasing Diamond Prizes, awarded within the framework of the 14th AERCE Conference, distinguish the best projects in Purchasing Management due to their innovation, originality and the added value that they provide for their companies.
iSOCO, which is renowned internationally as a provider of semantic technology and artificial intelligence and has one of the most comprehensive semantic engines in the world, Semanti-K, develops innovative solutions through its Sourcing Transformation (ST) business unit based on proprietary technology to help companies manage their change process and optimise their relationship with the demand market (supply).

Adding value, a common objective of the award-winning companies
With the aim of turning their Purchasing Divisions into strategic departments that add sustainable value to the organisation, the five companies receiving the awards all entrusted their technological solutions and personalised consultancy to iSOCO.

In this regard, the pharmaceutical multinational Almirall detected the need to reduce the resources allocated for daily administrative procedures in its Purchasing Department. To do so, in 2009 they introduced the iQuotes Suite® application, which enables them to negotiate and manage relationships with providers, coordinate offer and order management and receipt processes and invoice from a single technological platform.
“Our ongoing quest for efficiency helped us detect the fact that we were investing too much time in tasks that added little value to the company”, admits the Almirall purchasing manager, Alex Basso. “Two years after introducing the electronic management system, we have reduced the time used on administrative tasks and increased the transparency of our relationship with clients and providers. In addition, we can now devote more time to tasks like searching for more competitive prices, so we contribute to the ongoing improvement of the company”.
The multinational Repsol YPF also placed its trust in the iQuotes Suite®, using combinatorial auctions to efficiently manage their negotiation processes in a low-competition market like the raw materials one. More specifically, the iQuotes® combinatorial auction solution has benefited the company by reducing the negotiation process, increasing competition between providers and making it possible to manage a higher number of providers and offers, among other advantages.

iSOCO's award-winning clients agree on their evaluation of the positive impact of the professionalisation and transformation of Purchasing on improving their competitiveness thanks in part to the improvement of risk management in the supply markets.
Its iLAB R&D centre enables iSOCO to meet the challenges and needs of each client and to provide innovative solutions to the market on an ongoing basis. The innovation centre is the cornerstone that will enable the company to confidently undertake its ambitious international expansion project, which envisages its entry into 12 countries in the 2011-2014 period.

About iSOCO
iSOCO (iSOCO.com) is Spain's foremost ICT company with a clear commitment to internationalisation as a leading technology provider to help companies develop and position themselves in the Network Economy. It has its own R&D centre, iLAB, and it stands as an international leader in semantic technology and artificial intelligence. Its main differentiating factor resides in the combination of a range of services based on proprietary technology.

It was founded in 1999 as a spin-off of the CSIC (the Spanish High Council for Scientific Research) and has a clear global outlook and local presence in the main markets. It is the only Spanish company to appear in the WCM Marketshare2010 and the instigator of the Spanish LinkedData Association (AELID).

With blue-chip clients like Almirall, AstraZéneca, Bankinter, BT, Colt, Grupo Leche Pascual, La Caixa, Repsol YPF and Zurich, among others, iSOCO is internationally renowned and possesses one of the most comprehensive semantic engines in the world: Semanti-K ®

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering IT Services / Network Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Tinkle

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
IT Services / Network Management articles,
CATCH Visitors via Your Competitors Announcements!


Five iSOCO Clients Win Prizes for Innovation in Purchasing Management

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Elena Castells - iSOCO.com 
+34 932-385-700 ecastells[.]isoco.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Tinkle securities in any jurisdiction including any other companies listed or named in this release.

IT Services / Network Management via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Tinkle / Company Profile


Read IT Services / Network Management Most Recent Related Newswires:

Targa Telematics Recognized with Frost & Sullivan’s European Customer Value Leadership Award for its Pioneering Role in Telematics Insurance Solutions
Japan’s APRESIA Systems Expands Access Network Solutions Portfolio with Integration of Infinera ICE-X Coherent Pluggables
CommScope Updates E6000 Converged Edge Router with Key New Features
Arista Delivers Holistic AI Solutions in Collaboration with NVIDIA
Infinera Achieves New Benchmark Delivering 83.6 Tbps Data Transmission on Simulated Telstra InfraCo Intercity Links
TruVista Deploys Adtran ALM to Pinpoint Fiber Faults and Drive Down Operating Costs
Super Sistem Selects Infinera’s GX Series for SSBS Cable System to Expand Connectivity to Indonesia
Oracle and TIM Collaborate to Accelerate Cloud Adoption in Italy
Canadian Hydropower Producer Upgrades Timing Network with Adtran’s Oscilloquartz Optical Cesium Clock
Rohde & Schwarz Partners with XipLink to Deliver DPI-driven Traffic Visibility for Intelligent Multi-orbit Networking
Arista Launches Next Generation Multi-Domain Segmentation for Zero Trust Networking
Xplore Selects CommScope to Deploy High-Speed Fiber Broadband in Rural Ontario
Broadcom Earns Frost & Sullivan’s 2024 Global Company of the Year Award for Delivering Reliable and Flexible Hybrid Cloud Management Solutions
CommScope Unveils GigaREACH XL Solution Designed to Power and Connect Emerging Edge Devices
NEC and NTT Successfully Conduct First-of-its-kind Long-distance Transmission Experiment Over 7,000km Using 12-core Optical Fiber

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  Limelon Advertising, Co.





 
  ©2005-2024 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (usatoday.com)