D&B Announces New Supply Management SolutionComprehensive Supply Decisionware TM solution revolutionizes supply management process and drives savings to the bottom line Murray Hill, NJ – June 18, 2002 – D&B (NYSE: DNB), the leading provider of global business information and technology solutions, today launched a new Web-enabled Supply Management System which can bring value and profit to a customer’s bottom line in as little as 30 days from implementation. Supply Management System combines a best practice approach to strategic sourcing and supply management with D&B core competencies to create a comprehensive and repeatable end-to-end solution. The solution leverages D&B’s core competencies – the D&B global database of 73 million businesses, the D-U-N-S ® Number, patented matching expertise, the UNSPSC and Web-based decisioning solutions – to provide the critical insight and leverage a company needs to drive significant bottom-line savings savings. "Our Supply Management System helps resolve all barriers to strategic sourcing by gaining visibility of global spend, reducing the sourcing cycle time and making the sourcing process repeatable," said Steve Alesio, president and chief operating officer of D&B. "This Supply Decisionware is a suite of D&B applications and solutions that will set the standard in global supply management decision making." "In our decentralized environment, D&B’s Supply Management System allows us to extract valuable insights from our supplier and spend database at Cox Enterprises and realize bottom-line savings. This repeatable solution will enable us to make strategic sourcing decisions quickly and confidently," said Mike Mannheimer, vice president Materials Management, Cox Enterprises. The Supply Management System consists of three modules: Supply Spend Analysis, which helps customers find the money in their supply base; Supply Intelligence, which helps customers get the money faster to the bottom line; and Supply Base Optimization, which helps customers keep the money coming with a renewable and repeatable approach. The system is technology agnostic and the modules can work in tandem or independently to meet each customer’s specific needs. The Supply Spend Analysis module uses the D-U-N-S Number and the UNSPSC to give customers an in-depth, actionable analysis of what each supplier is providing, what is being purchased and exactly how much is being spent across the enterprise while assessing the overall risk associated with each supplier. This insight provides a roadmap on how to realize bottom-line savings from their supply management process. The Supply Intelligence module provides a detailed market analysis of trends, competitors and opportunities for a specific industry. Customers then use Web-based analytical tools to locate suppliers from a universe of 73 million businesses in the D&B global database and qualify them based on specific business requirements. This immediate access to the external market reduces the sourcing cycle time. The Supply Base Optimization module ensures the customer’s supply management process becomes renewable and repeatable and is powered by a robust decision analytical tool that customers use to continuously update their supply base and keep the information as dynamic as the market. "We’re enhancing our current business by combining information, technology and expertise to deliver an end-to-end supply management solution. Our Supply Management System will help our customers make better, more confident sourcing and supply management decisions, while rapidly improving their bottom-line performance," said Mary Rhodes, Leader – Global Supply Management Solutions, D&B. # # # About D&B D&B (NYSE: DNB) provides the information, tools and expertise to help customers Decide with Confidence. D&B enables customers quick access to objective, global information whenever and wherever they need it. Customers use D&B Risk Management Solutions to manage credit exposure, D&B Sales & Marketing Solutions to find profitable customers and D&B Supply Management Solutions to optimize their supply base and drive profit to the bottom line. D&B’s E-Commerce Solutions are also used to authenticate and verify potential trading partners online, increasing trust and confidence in e-commerce transactions. Over 90 percent of the Business Week Global 1000 rely on D&B as a trusted partner to make confident business decisions. For more information, please visit www.dnb.com. Tara Lynch (Media) 908.665.5639 Sandy Parker (Investors/Analysts) 908.665.5098 |