SEPTEMBER 17, 2003 | The Pantellos Principle brings you news and infomation from the Pantellos Marketplace.



New Supply Management Solution Coming Soon

Pantellos is working aggressively to partner with a leading enterprise e-sourcing solution provider to... Read on...

Pantellos Customers Save $17 Million in August

Customers achieved average procurement savings of 12 percent through Pantellos Dynamic Services auctions last month. Twelve utilities reported aggregate savings of $17 million on record total auction expenditures of more than $147 million... Read on...



Totals to Date:

Customer Reported Savings Approx. $260 million

Marketplace Spend
Approx. $600 million

Auction Spend
Approx. $1.3 billion

Total Spend through Pantellos
Approx. $1.9 billion



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FirstEnergy Saves Millions Through Online Auctions
Collaborative effort produces significant savings on nearly $200 million in spending.

FirstEnergy knows first-hand the benefits of using online auctions. Over the past two years, FirstEnergy has sourced almost $200 million...Read on...
 
MRO Maverick Spend Pack Reduces Off-Contract Buys

MRO supplies and equipment are some of the most common off-contract purchases in the utility industry. Because operating requirements change daily...Read on...


Industry News: Internet-Based Purchasing of Direct Goods Surpasses Indirect Goods


In case you missed it, according to the second-quarter Report on eBusiness released by the Institute for Supply Management (ISM) and Forrester Research, Inc., companies over the last three months purchased more... Read on...
Supplier Spotlight
Diebold, Incorporated

Heightened security concerns are affecting the utility industry, along with the rest of the nation. Operators of nuclear plants, for example, are under increased pressure...Read on...


 



Pantellos Hosts Free Web Seminar on Electronic Settlement


Buyer and supplier customers are invited to participate in a free Web seminar about the cost and efficiency benefits of the Pantellos eSettlement Network.

Hosted by Pantellos and its e-settlement partner, Xign Corporation, the seminar will feature a case study presented by Ben Shaffer, Manager of Accounts Payable at PG&E. The seminar will be held Thursday, September 18, from 3–4 p.m. EDT (2–3 p.m. CDT)...  Read on...



Pantellos Launches New Collaborative Sourcing Initiatives

Several Pantellos customers have expressed an interest in collaboratively sourcing two frequently purchased categories— automotive and light-duty truck tires and NOx abatement chemicals. In response, Pantellos is launching collaborative auction events... Read on...

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