- Products & Services
- Knowledge Base
The requisition, sourcing, and management of direct materials, which is significantly more complicated than indirect, has more impact to non-services companies and is more strategic to their success.
ATLANTA, GA, May 07, 2019 /24-7PressRelease/ -- Allocation has been named a 2019 Provider to Watch by Spend Matters. Spend Matters released its 6th annual '50 Providers to Watch' lists in conjunction with the annual ISM conference.
The recognition highlights Allocation's award-winning portal, which enables complex manufacturing organizations the seamless integration of supplier, material group, part/item, strategy, and collaborative participation in order to: requisition necessary parts; source parts; award business; and, manage tool and part readiness, supplier quality, non-conformance, incidents, and change requests.
Spend Matters routinely reviews the latest procurement technology and service offerings to help organizations make wise and effective vendor selection decisions. The 50 Providers to Watch lists are the result of deep analysis and corroboration among all Spend Matters analysts and reflect the publication's unbiased, independent view of the organizations to know and watch.
"It's an honor to be named at one of the 50 Providers to Watch," Bernhard Soltmann, Allocation Network's co-founder and CEO, claims. "For many years organizations have focused on indirect spend, due to the sheer number of suppliers; however, the requisition, sourcing, and management of direct materials, which is significantly more complicated than indirect, has more impact to non-services companies and is more strategic to their success."
"Spend Matters continues to cover the rapid evolution of procurement technology and solutions, and the 50 Providers to Watch are independently selected by our analyst team. Where applicable, every 50/50 technology provider has completed rigorous SolutionMap vetting based on neutral data points," says Spend Matters founder Jason Busch. "We are thrilled Allocation has earned a deserved spot among the providers worth watching in 2019."
Procurement service providers can create a free listing in Spend Matters' vendor directory, the Almanac, to be considered by the analyst team constructing next year's 50 to Watch list. The Almanac contains 450+ vendor descriptions across 25 service/technology categories as well as Spend Matters' unbiased reviews and related articles. It is a valuable resource for procurement practitioners seeking insider intel on procurement service providers.
About Spend Matters - Solution Intelligence for Procurement
Spend Matters is the leading solution intelligence source for procurement and supply chain professionals. Combining deep technology analysis and tailored advisory services with daily news coverage and subscription research, Spend Matters is trusted by CPOs, consultants, investors and solution providers alike as their procurement technology intelligence partner. Spend Matters is owned and managed by Azul Partners, Inc.
Sam Rea, Marketing Manager, Azul Partners, Inc.
About Allocation Network GmbH
Allocation Network GmbH was founded in 1998, with headquarters in Munich, Germany and Chicago, Illinois. Our solutions are designed to optimize customer and supplier relationships within strategic direct materials purchasing.
As an expert in software solutions and services in strategic purchasing and quality management, Allocation Network is a long-standing partner of companies such as BMW Group, Siemens, Magna and many more. With our e-sourcing, e-auctions and supplier management software, our customers optimize their processes, achieve better results and achieve the highest level of compliance and collaboration.
Nowhere else can companies manage the direct materials engagement from requisition, to sourcing, through quality control and change requests.
Learn more about Allocation http://www.allocation.net
Doug Markle, Allocation North America, Inc.
# # #