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KIMBERLY-CLARK CHOOSES EMPTORIS CONTRACTS AND SOURCING SOLUTIONS FOR MANAGEMENT OF ITS GLOBAL PROCUREMENT INITIATIVES
Burlington, MA (May 31, 2007) – Emptoris, Inc., the leading provider of enterprise supply and contract management software, today announced that Kimberly-Clark Corporation (NYSE: KMB), has selected the Emptoris Contract Management software to manage the company’s procurement contracts and the Emptoris Sourcing software to manage its direct materials procurement.
“Emptoris has a proven track record of success with large, global, enterprise-wide implementations,” said Bob Reilly, Vice President of Sourcing and Supply Management, Kimberly-Clark. “Through these software programs, we will further improve our team’s ability to provide top-level sourcing and supply management support to the organization.”
Emptoris Contract Management delivers greater control over procurement contracts by automating and optimizing the management of contracts from creation and execution through performance monitoring, analysis, and re-negotiation. Emptoris Sourcing automates all sourcing events from reverse auctions to complex multi-stage negotiations and empowers companies to realize the best value, not just the best price, from a supply base by factoring in performance drivers into decision-making.
“Kimberly-Clark is clearly dedicated to enhancing their world-class operations and further improving their procurement function,” said Avner Schneur, Chief Executive Officer, Emptoris. “We will work closely with Kimberly-Clark to implement a program that will provide both process improvements and cost savings for the company.”
About Kimberly-Clark
Kimberly-Clark Corporation (NYSE: KMB) and its well-known global brands are an indispensable part of life for people in more than 150 countries. Every day, 1.3 billion people – nearly a quarter of the world's population – trust K-C brands and the solutions they provide to enhance their health, hygiene and well-being. With brands such as Kleenex, Scott, Huggies, Pull-Ups, Kotex and Depend, Kimberly-Clark holds No. 1 or No. 2 share positions in more than 80 countries. To keep up with the latest K-C news and to learn more about the company's 134-year history of innovation, visit www.kimberly-clark.com.
About Emptoris
Emptoris is the world leader in innovative supply and contract management software solutions that empower enterprises to realize best value and accelerate profitable growth. Emptoris solutions are used by successful Global 2000 companies in every industry. Customers include American Express, Boeing, Cigna, ConocoPhillips, GlaxoSmithKline, Kraft, Motorola, Owens Corning, Syngenta, UnitedHealthCare and Vodafone.
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