Press
Category One, Inc. Launches On-Line Delivery of Its
Platform, Tools and Services
PHILADELPHIA, PA, April
25, 2004 -- (www.cat-one.com)– Category One,
Inc. today announced the expansion of its operations to
include delivery of its world-class sourcing platform, tools
and services on-line. The Company’s aim is to make
its products and services available to customers in as easy,
accessible and customized a format as possible.
“It’s all about giving
the customer only what they want or need, and delivering
it to them faster. We want to remove any barriers that may
exist between us and our customers saving time and money,”
explains Category One president and CEO Joe Buchanan. “We
want buyers and purchasing agents to think of Category One as
just another useful button to click on their desktop –
a button we think they’ll soon wear out when they
see how much savings is involved.”
Category One, a San Francisco-based technology
company, is one of the first e-sourcing companies to offer
an ASP (application service provider) version of its software
available by credit card. Category One differentiates itself
further with an impressive offering of weekly on-line training
seminars and instant messaging support, plus an exceptionally
easy-to-use, intuitive platform and toolset. Buchanan adds,
“Offering a self-powered solution means Category One can
get almost any company’s purchasing department up
and running negotiations in as little as a week.”
It was customer feedback that inspired Category One
to make the changes. “Customers always tell us how
easy it is to use our tools versus other companies. The
Internet provides the optimal way for us to demonstrate
that ease-of-use and deliver our product and services,”
explains Buchanan.
The other clear advantage Category One offers
its customers is low cost. “What our competitors and
their consultants are charging for on-site implementation
is outrageous,” says Buchanan. “We knew the
Web was the far more cost-effective way to scale implementation
and training. Plus, our customer’s team gets trained
at their desks. If they want to attend more than one session,
or have to miss a part, it won’t cost anything more
to pick it up again later in the next training cycle, when
it fits their schedule.”
The primary tools available from Category One
today are RFX (request for quotes, proposals, and information),
Auctions (reverse and forward), and Supplier Manager,
a supplier profiling tool.
Buchanan says to look for Category One’s
newest product, Contract Manager, in Summer 2004. Contract
Manager will allow buyers and purchasing agents to store
contracts, terms and revisions in an easy-to-use format.
Customers will be able to screen suppliers with an eRFI,
launch an eRFQ to collect preliminary quotes, finalize leading
edge pricing using the reverse Auction tool, and store
the contract terms for future use. These tools are launched
from the buyer’s desktop, as the system requires only
the supplier’s email address and basic contact information.
Here are a couple of the enthusiastic testimonials
Category One has received from customers:
"Having not spent much time
on the Internet, or on computers for that matter, I was
surprised to find the eRFP questions simple to answer and
the site easy to navigate"
-- Gary Thomas, Specialty Foods
“…in the first 3 months
of using the platform we saved over $600,000, …. for
an investment under $20,000…”
-- Bill Ruggles, Purchasing Director, Sheetz, Inc.
Category One, Inc. is dedicated to providing better, far
more affordable, easier-to-access sourcing and purchasing
technology. Based in San Francisco, California, the Company’s
driving principle is to make on-line e-sourcing available
to any company that wants to become leaner, meaner and more
competitive by cutting its supplier costs today. This customer-focused
thinking has made Category Onew the leading provider of
e-sourcing on-line.
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