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August 02, 2015 12:40 PM ET

Internet Software and Services

Company Overview of CombineNet, Inc.

Company Overview

CombineNet, Inc. develops and provides e-sourcing, advanced sourcing and optimization, strategic sourcing support, procurement suite, and supply chain software solutions. It provides Advanced Sourcing Application Platform, a Web-based software-as-a-service solution that allows sourcing teams in various spend categories to speed and simplify the creation, launch, and management of sourcing events. The company also offers customer support, product professional services, and training. It serves clients in consumer packaged goods, food and beverage, manufacturing, transportation and logistics, retail, automotive, and government industries in the United States and internationally. The company was...

Fifteen 27th Street

Pittsburgh, PA 15222

United States

Founded in 2000





Key Executives for CombineNet, Inc.

Senior Vice President of Sales for North America
Managing Director of European Operations
Director of Marketing Communications
Vice President of Research and Development
Vice President of Strategic Business Development
Compensation as of Fiscal Year 2015.

CombineNet, Inc. Key Developments

CombineNet, Inc., SciQuest, Inc. - M&A Call

To discuss SciQuest's acquisition of CombineNet

CombineNet, Inc. Enhances CombineNet ASAP(R)

CombineNet, Inc. announced that its e-sourcing product, CombineNet ASAP(R), has been enhanced with new features making it easier and faster for procurement team members to launch and manage sourcing events that benefit from advanced sourcing capabilities and support global supplier networks. The new CombineNet ASAP release features a streamlined sourcing event creation process for rapidly applying Expressive Bidding(R), creating tailored analytics, and optimizing award decisions for spends of any category, size, or level of complexity. In addition, CombineNet ASAP adds globalization and localization capabilities through multi-lingual supplier interfaces; capacity collection across multiple levels to help reduce supply risks; and performance enhancements to support the "big data" needs of larger-scale sourcing events. As a SaaS-based solution, CombineNet ASAP's newest enhancements are now immediately available to all users, and include: New Event Creation Wizard: provides an intuitive workflow with contextual, survey-based guidance throughout the process of creating an e-sourcing event, including options for RFI, sealed-bid RFP, and multiple E-Auction event types. This new process enables sourcing managers to more efficiently create an e-sourcing event from multiple starting points, ensures they take advantage of ASAP's most powerful event-management options, and simplifies the configuration of sophisticated capabilities necessary for advanced sourcing events; Redesigned Event Management: enables sourcing teams to better organize and manage their events through Web 2.0-type capabilities such as "pin to top," tagging, and tag clouds, while also streamlining event management with better access to real-time event information through asynchronous downloads, no matter how complex the report; Supplier-Side Globalization/Localization: allows sourcing teams to leverage higher value, regional or local suppliers in global markets, with initial support for Chinese, German, Spanish and French languages; Advanced Currency Configuration: adds additional support for global sourcing activities, so sourcing teams can configure advanced currency options, including specifying different bid currencies on items based on their business and financial needs; Capacity Across Items: enables sourcing teams to identify additional savings while reducing risk, by configuring events that collect a supplier's capacity (volume) at multiple levels as part of the bid response, including capacity at the item level and rolled-up levels such as by item family, geographic locations, or other levels. By collecting capacity at multiple levels, suppliers are able to compete on all items within the sourcing event, while buyers can determine how to best allocate their available capacity. This provides greater competition between suppliers, and more options for the buyer, without incurring the risk of awarding a supplier more business than they can support in total.

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