|
|
|
|
|
|
|
||||||||||||||||||||||||||||||
Enporion Press Releases |
||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||
|
Enporion Delivers Key Message at Inaugural Utility Supply Chain Conference CEO Gordon Urges Emphasis on Supply Chain Practices to Impact Bottom Line ORLANDO (January 30, 2003) -- The Center For Business Intelligence's "Strategic Supply Chain Management for Utilities" conference came to a close Tuesday with energy e-marketplace leader Enporion making a strong case for the improvement of supply chain efficiency throughout the energy industry. Attended by more than 75 companies, including key industry suppliers, the conference focused on achieving savings through effective implementation of strategic sourcing coupled with electronic purchasing strategies and technologies. Fifteen utilities presented case studies at the conference on topics ranging from streamlining supply chains during mergers and acquisitions to using management structures to help implement e-procurement. "In a time when utilities, more than ever, must find ways to reduce costs in order to stay competitive in both regulated and deregulated markets, many are discovering supply chain efficiencies are a way to impact the bottom line," said Enporion Chairman and CEO George Gordon. "A 10 percent reduction in a utility's non-fuel spend can translate to a 21 percent increase in earnings per share." Gordon served as conference chairman and delivered the opening remarks of the conference in his address to attendees. His major message: utilities are all driving to regain shareholder confidence and value; revenue increases are highly unlikely, but significant reduction in purchasing costs can be achieved and flow directly to the bottom line. "A crucial part of this strategy is the contribution to be made by business-to-business e-marketplaces, but only if they provide real value," said Gordon. "And, at last, some marketplaces are now clearly demonstrating this value: in 2002, there were $167 billion in e-marketplace transactions completed - a 245-percent increase from the prior year. "In fact, this total represented 20 percent of all e-commerce transactions. Predictions that e-marketplaces would simply go away are being proven to be premature every day. Successful e-marketplaces are rising from the dot.com ashes." Several of the utility case studies presented at the conference clearly demonstrated the savings results that can be obtained. Many are already far along in the journey to supply chain optimization and predicted that future process savings - for both buyers and suppliers - will be as significant as early purchase price savings. However, many others have barely begun to achieve the potential 15-to-20 percent savings predicted by consultants and analysts, and now being demonstrated by some of Enporion's own members and other leading utility companies. "Companies simply have to go back to the basics and recognize the values that streamlining the supply chain and curtailing maverick spend can bring to an institution," said Gordon. "If you show a CEO that his or her company can save eight to 12 percent of its $500 million supply chain costs each year, you can be sure they'll be willing to listen." Gordon's speeches were complemented by presentations from Enporion members PPL and KeySpan Energy Delivery. PPL's Director of Supply Chain Joe Zelechoski told the story of his company's success in implementing smarter supply chain practices in a presentation entitled "Driving Operational Efficiencies Through Supply Chain Excellence." Zelechoski reported significant results to date summarized as average annualized savings of 11 percent, with some of Enporion's Group Contracts delivering savings as high as 38 percent. "This is not necessarily an easy process," Zelechoski explained; "but the rewards are substantial. You must focus on change management, striving for multi-disciplinary cooperation, and constantly demonstrate senior executive commitment and leadership." Lonny O'Rourke, Manager, Materials Management for KeySpan Energy Delivery, presented his company's case study entitled "The Online Utility Procurement Marketplace." O'Rourke traced KeySpan's decisions to drive supply chain optimization, its choice of Enporion as an e-marketplace partner, and its savings to date which have averaged 9% through Enporion's Group Contracts, and 20 percent through the use of auctions. "We've learned a lot about this process," said O’Rourke. "It's all about so much more than just technology; it's about effectively including and dealing with the interests of all the stakeholders - our employees, our suppliers, our customers, and our partners." The conference, held at the Crowne Plaza Universal in Orlando, Fla.,
also featured presentations and case studies by AEP, TXU, National Grid
USA, Pepco Holdings, Inc., Northeast Utilities System, PSE&G, JEA,
Ameren Services, Memphis Light, Gas & Water, Orlando Utilities Commission,
Colectric Partners, Southern California Edison, and the Tennessee Valley
Authority. About Enporion |
||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||
Enporion and CN Utility Consulting Announce Joint Alliance to Deliver Vegetation Management Solutions to Utilities Alliance partners will combine to deliver e-commerce benefits to utilities and their vegetation management suppliers TAMPA (Sept. 17, 2002) -- Enporion, the energy industry eMarketplace helping buyers and suppliers achieve supply chain excellence, and CN Utility Consulting, a leading consultant organization to utilities and their suppliers in vegetation management, today announced the companies have signed a marketing alliance agreement that will expand Enporion's e-commerce offerings. In the electric utility industry, the encroachment of trees and vegetation into overhead power lines is one of the leading causes of electric outages. Maintaining the vegetation around overhead power lines is also typically one of the largest maintenance costs associated with electric transmission and distribution systems. Utility companies currently spend more than $2.5 billion per year on vegetation management. Enporion's marketing alliance with CN Utility Consulting will combine the subject matter expertise of CNUC and Enporion's Dynamic Commerce Services to significantly reduce this major expense to utility companies. Enporion's members will be able to receive more favorable contracts with major vegetation management companies by aggregating their spend for these services and by standardizing terms and conditions. Vegetation management suppliers will realize increased business volumes, more efficient electronic processing of orders, and can also take advantage of Enporion's services to reduce the costs of their own procurement activities. "We are pleased to be able to offer an additional suite of services to the utility industry. Members of Enporion are realizing savings of 10-to-20 percent of their spend on direct and indirect purchased goods and services," said Enporion CEO George Gordon. "This alliance with CNUC will offer our members, both buyers and suppliers, the opportunity to achieve the same savings in vegetation management procurement." "We believe the combination of Enporion's supply chain management expertise and our concrete understanding of the utility vegetation management industry will result in many new and valuable tools for the Utility Arborist. This is a big step forward for our very specialized industry and we are excited to be a part of it, " said CNUC Partner Stephen Cieslewicz. About Enporion About CN Utility Consulting |
||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||
| Indus and Enporion Sign Alliance to Extend eCommerce Solutions Connection to Enporion Marketplace Adds Flexibility
ATLANTA and TAMPA, Fla., June 10, 2002 - Indus International Inc. (NASDAQ: IINT), the leading global supplier of enterprise asset management software and services¹, and Enporion, the energy industry eMarketplace helping buyers and suppliers achieve supply chain excellence, today announced the companies have signed a business alliance agreement to better serve joint customers. As a result of this agreement, Indus customers who are Enporion customers will have access to the Enporion Marketplace via IndusBuyDemand. The award-winning² IndusBuyDemand solution adds powerful eProcurement capabilities to Indus International's enterprise asset management (EAM) solutions. The Indus/Enporion customers have access to the Enporion supplier content and can also automatically process stock replenishment orders through the Enporion Marketplace. In addition to providing eProcurement functionality, Indus and Enporion are collaborating to provide solutions supporting surplus processing and sourcing of engineered parts. "This agreement with Enporion demonstrates our continued commitment to offer seamless connections with leading online marketplaces and thereby deliver the full flexibility of IndusBuyDemand to our customers," said Indus Vice President of Product Strategy Bob Hofer. "Providing an 'onramp' to the Enporion Marketplace via IndusBuyDemand will enable customers to optimize the efficiency of their eProcurement activities, and it extends the value delivered by our solutions by leveraging negotiated contracts with Enporion's products and services suppliers." "Customers of Enporion can expect to save 10-20 percent of their spend on direct and indirect purchased goods and services," said Enporion CEO George Gordon. "This business alliance with Indus means that Enporion members who use IndusBuyDemand can easily and quickly connect to Enporion's marketplace and achieve this level of savings in the shortest time possible." The Indus/Enporion business alliance agreement is effective immediately. ¹ According to ARC Advisory Group's Enterprise Asset Management (EAM/CMMS) Software & Services Worldwide Outlook (Market Analysis and Forecast Through 2005). ² IndusBuyDemand was named a 2001 Product of the Year in Plant Services MRO Marketplace Magazine. About Enporion About Indus International Safe Harbor Statement Indus is a trademark of Indus International Inc.
Enporion is a trademark of Enporion. Other company and product names may
be trademarks of the respective companies with which they are associated. |
||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||
| Enporion Appoints Craig Sanders as Vice President of Sourcing Operations TAMPA, Fla. (April 2, 2002) - Enporion, the energy industry e-marketplace helping buyers and suppliers achieve supply chain excellence, today announced the appointment of Craig Sanders as Vice President of Sourcing Operations. Mr. Sanders' responsibilities will include direct interface and support of Enporion's supplier community, creation of sourcing initiatives to meet buyer requirements, and dynamic commerce operations. Mr. Sanders 23-year business career includes 19 years with W. W. Grainger, Inc. He has extensive experience in sales and supplier management, operations and new business start-up. He has served in a variety of roles including District Sales Manager, Division Manager, Director of Operations and Supply Chain, and Vice President. In this last role, with Grainger Integrated Supply, he helped create and grow a business that managed indirect supply chains on behalf of Fortune 500 companies. He managed a team of procurement professionals delivering e-procurement and supply chain management functions at various client locations throughout North America. Most recently, Mr. Sanders was Director, Internet Commerce, for W. W. Grainger's mroverstocks.com. He managed both business development and supply chain areas for this start-up e-commerce business, providing an on-line auction service for manufacturers and distributors needing to sell excess inventories. "Sourcing Operations is the day-to-day production activity of our business - it is the focal point where requirements and satisfaction of both buyers and suppliers will be realized," said Enporion CEO George Gordon. "We are extremely fortunate to have someone with Craig's background to lead this area for Enporion and for Enporion's constituents in our marketplace." "Enporion truly understands it can differentiate itself in the e-commerce world by driving benefits for both buyers and suppliers," said Sanders. "I believe my background with a major supplier to the energy industry can be extremely beneficial in realizing this vision. It's a pleasure to join the Enporion team." About Enporion |
||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||
| Enporion Elects James Wood to Board of Directors Experienced energy business supplier chosen to serve as outside director TAMPA, Fla. (January 29, 2002) - Enporion, the energy industry e-marketplace helping buyers and suppliers achieve supply chain excellence, today announced the appointment of former Babcock & Wilcox Company President and COO James F. Wood to its Board of Directors. Mr. Wood will serve as one of three outside directors. The Enporion board also includes three members from its founders and CEO George Gordon. Mr. Wood brings to Enporion more than 35 years of experience in energy business operations and management. Most recently, as President and COO of Babcock & Wilcox Company, he led a $1.5 billion global power and environmental business that provides engineering and fabrication services to the utility, oil and gas industries, and the U.S. Government. Wood successfully repositioned the company in the global after-market service business and initiated an e-commerce business segment, the first such initiative in the industry. Under his guidance the company made key acquisitions and divestitures and acquired new technologies related to nano-materials. His international work experience includes assignments in Europe, South America and Asia. Mr. Wood is a graduate of Clarkson University, where he now serves as a trustee, and holds an MBA from Kent State University. He is an ASME Fellow and a trustee of the ASME Foundation, and has served on advisory boards to the Secretary of Energy and Vice President of the United States. "We are thrilled and excited to have Jim Wood join our Board of Directors," said Enporion CEO George Gordon. "His expertise and experience as a supplier to energy companies, as well as his extensive business and management knowledge, will be of great value to our customers as well as to our organization." "Enporion is a successful and goal-oriented enterprise, served by a strong backbone of executives," said Wood. "I am both pleased and honored to be elected to the Board, and look forward to continued success with the company and its members." About Enporion |
||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||
| Enporion Names Fritz Gautschi to Board of Directors Executive brings international business expertise to Board TAMPA, Fla. (January 22, 2002) - Enporion, the energy industry e-marketplace helping buyers and suppliers achieve supply chain excellence, today announced the appointment of former ALSTOM, Inc. President and CEO Fritz Gautschi to its Board of Directors. Mr. Gautschi will serve as one of three outside directors. The Enporion board also includes three members from its founders and CEO George Gordon. Mr. Gautschi's 35 years of experience in management and international business operations culminated in his role as President & CEO of ALSTOM USA where he oversaw an organization with $3.5 billion in sales. ALSTOM, a global specialist in energy and transport infrastructure, is active in the fields of power generation, power transmission & distribution, and power conversion. It serves the transport market through its activities in rail and marine. Prior to joining ALSTOM, Mr. Gautschi served as executive vice president at ABB USA Power Generation where he was responsible for a substantial profitability improvement in just three years. Prior to that, Mr. Gautschi served as president of ABB's worldwide Gas Turbine & Combined Cycle Power Plant Business. Mr. Gautschi is a graduate of the Swiss Federal Institute of Technology, has pursued postgraduate studies at Carnegie Mellon University, and has completed the Senior Management Program at Harvard University. "Fritz Gautschi is an accomplished business leader," said Enporion CEO George Gordon. "His experience in the international energy market, as well as his proven successes, are of great value to our organization. We're thrilled to have him on our Board." "Enporion is a clear leader in global e-procurement within the energy industry," said Fritz Gautschi. "I am honored to be named to the Board of Directors, and look forward to working with an experienced and knowledgeable group of executives." About Enporion |
||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||
| Enporion Appoints Mike Grohman as Vice President of Marketing and Business Development TAMPA, Fla. (January 15, 2002) - Enporion, the energy industry e-marketplace helping buyers and suppliers achieve supply chain excellence, today announced the appointment of Mike Grohman as vice president of Marketing and Business Development. As a new member of the Enporion family, Grohman's responsibilities include overseeing the company's marketing, communications and media relations, as well as cultivating Enporion business with current and new members. Mr. Grohman's career includes 29 years at IBM, where he held many different positions in sales and marketing, including four years in Paris, France, as General Manager of the IBM Global Network for Europe, Middle East and Africa. He was part of the Global Network team that developed and deployed a worldwide EDI service, utilized by thousands of companies to improve business productivity. In his last position, Vice President, Global Sales, Mr. Grohman was heavily involved in the sale and subsequent transition of the Global Network to AT&T. Most recently, Mr. Grohman was serving as senior vice president of Sales and Marketing at emWare, Inc. in Salt Lake City, Utah, focusing on opportunities in the emerging intelligent device-networking market. "Mike Grohman is an experienced leader and proven performer in defining and executing global information technology and communications strategies," said Enporion CEO George Gordon. "He brings to Enporion sales and business leadership abilities that will be extremely beneficial to our customers, our business partners, and to Enporion's success in business-to-business services for the energy industry." "I am excited to be a part of Enporion as it strengthens its position as a leader in e-marketplaces," said Grohman. "Enporion's commitment to benefiting both its buyers and suppliers creates an important differentiator to properly position itself in the ever-changing economic landscape." About Enporion Enporion is an electronic marketplace, founded by gas and electric energy companies, to improve the efficiency of business transactions between buyers and suppliers. Enporion's goal is to simplify the buying process and to drive operational excellence through supply chain improvement. By reducing cycle times, lowering inventories, and reducing transaction costs, buyers and suppliers will realize enhanced profitability. Enporion buyers access new suppliers, and experience supply chain process improvements, thus lowering overall operating costs. Suppliers reap the benefit of a smoother interface and exposure to new customers, while having their voices heard through a permanent Enporion Supplier Council. Founding members of Enporion include Allegheny Energy, Inc., Allete, Ameren Corporation, CMS Energy Corporation, Keyspan Corporation, PPL Corporation, and UGI Corporation. The company's Web address is www.enporion.com. |
||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||
|
Enporion Announces Bill Browne as Vice President of Sales TAMPA, Fla. (January 8, 2002) - Enporion, the energy industry e-marketplace helping buyers and suppliers achieve supply chain excellence, today announced the appointment of Bill Browne as vice president of sales. As part of his new position, Browne will be responsible for the development and cultivation of energy company membership in the e-marketplace. Mr. Browne brings with him more than 25 years of experience in business development and management in both business-to-business (B2B) and government-to-business (G2B) markets for Web based e-commerce solutions. Prior to joining Enporion, Mr. Browne served as vice president and general manager of Digital Commerce Corporation, where he was responsible for managing the development, sale and implementation of the only statewide, fully operational G2B internet based e-commerce procurement solution in the United States. As an experienced business planner, Mr. Browne also co-founded and served as President of Infomark, Inc., a software and systems company that grew to $11 million in annual sales under his direction. "Bill Browne has a proven track record in e-procurement success," said Enporion CEO George Gordon. "He is an experienced business planner, who has repeatedly built and executed successful business plans to meet company objectives. This is a very key appointment for Enporion." "Enporion has positioned itself as a leader in B2B e-marketplaces," said Browne. "I am delighted to be joining a growth-oriented corporation where my leadership and business development skills will impact profitability and productivity for our buyers and suppliers." About Enporion |
||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||
|
Enporion Names Keith Stanton Vice President of Administration TAMPA, Fla. (December 4, 2001) - Enporion, the energy industry e-marketplace helping buyers and suppliers achieve supply chain excellence, today announced the appointment of Keith Stanton as vice president of administration. He will be responsible for all aspects of finance, human resources, contract management, and investor and community relations. Stanton has been part of Enporion since the development stages and has served as interim vice president since the company's inception in August 2000. He also functions as Secretary to the Board of Directors and Treasurer of the Corporation. Before joining Enporion, Stanton was employed by Cap Gemini Ernst and Young Corporation (CGEYC) in their utilities sector, working in both the United States and Canada. He specialized in the areas of human resource strategy, organization development, change management, and supply chain optimization. Before CGEYC, Mr. Stanton was a business consultant to utility companies for Andersen Consulting, specializing in human capital management and organizational development. Mr. Stanton also worked for Entergy Corp., designing and implementing system-wide organizational programs. "Keith Stanton is a key appointment to the management of Enporion," said Enporion CEO George Gordon. "Keith has been with Enporion since its inception, and his knowledge of business administration brings internal efficiency to the organization that is critical to our long-term business success." "Enporion has positioned itself as a leader in bringing efficiency to its member buyers and suppliers," said Stanton. "I understand and welcome the challenge of bringing that same efficiency to the Enporion organization." About Enporion Enporion is an electronic marketplace, founded by
gas and electric energy companies, to improve the efficiency of business
transactions between buyers and suppliers. Enporion's goal is to simplify
the buying process and to drive operational excellence through supply
chain improvement. By reducing cycle times, lowering inventories, and
reducing transaction costs, buyers and suppliers will realize enhanced
profitability. Enporion buyers access new suppliers, and experience supply
chain process improvements, thus lowering overall operating costs. Suppliers
reap the benefit of a smoother interface and exposure to new customers,
while having their voices heard through a permanent Enporion Supplier
Council. Founding members of Enporion include Allegheny Energy, Inc.,
Allete, Ameren Corporation, CMS Energy Corporation, Keyspan Corporation,
PPL Corporation, and UGI Corporation. The company's Web address is www.enporion.com. |
||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||
| Enporion Elects Kevin Moonan to Board of Directors TAMPA, Fla. (November 27, 2001) - Enporion, the energy industry e-marketplace helping buyers and suppliers achieve supply chain excellence, today announced the election of Kevin Moonan to the company's Board of Directors. Mr. Moonan, the first board member to be elected outside of Enporion's founding members, brings to the board three decades of technology and business experience. Mr. Moonan has extensive expertise in engineering, information technology, business, and marketing communications. He spent 34 years with IBM, beginning as a systems engineer. He then joined the U.S. sales team, and eventually served in a variety of executive positions including Networking Systems director for the IBM U.S. marketing and services organization. After spending four years as general manager for the Utility & Energy Services Industry for North America, Moonan was named vice president of sales and marketing for all the IBM Global Industries. He was a member of the IBM Senior Management Group and on the board of IBM Credit Corporation. Moonan also spent time in Japan serving as the group director of business plans for IBM's Asia/Pacific Group and in London as assistant general manager of marketing, for Networking Systems. "Kevin Moonan's business and technology experience represent the focus of Enporion in the months and years ahead," said Enporion CEO George Gordon. "His appointment to the Board brings a broad background that will represent the interests of both buyers and suppliers and drive the innovative solutions that will benefit both." "Working with many energy companies in North America has convinced me there is tremendous need and opportunity for the Enporion electronic marketplace," said Moonan. "I'm very excited to be helping to create the premier B2B service for this industry." About Enporion Enporion is an electronic marketplace, founded by gas and electric energy companies, to improve the efficiency of business transactions between buyers and suppliers. Enporion's goal is to simplify the buying process and to drive operational excellence through supply chain improvement. By reducing cycle times, lowering inventories, and reducing transaction costs, buyers and suppliers will realize enhanced profitability. Enporion buyers access new suppliers, and experience supply chain process improvements, thus lowering overall operating costs. Suppliers reap the benefit of a smoother interface and exposure to new customers, while having their voices heard through a permanent Enporion Supplier Council. Founding members of Enporion include Allegheny Energy, Inc., Allete, Ameren Corporation, CMS Energy Corporation, Keyspan Corporation, PPL Corporation, and UGI Corporation. The company's Web address is www.enporion.com. |
||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||
| Enporion to Auction 20 Ready-to-Install Gas Turbines First-of-its-kind event will help ease demand for generation TAMPA (July 24, 2001) - Enporion, the open, global supply chain e-marketplace for the energy industry, today announced its Dynamic Commerce team will host an auction for 20 Gas Turbines. In a time when energy supplies are tight worldwide and with order and production lead times for new turbines running up to three years, this first-of-its-kind event presents an unprecedented opportunity for companies to increase generation capacity in a matter of months, rather than years. The auction will take place beginning August 7, 2001, at 8:00 A.M. Eastern Time. One day later, on August 8, 2001 at 4:00 P.M. Eastern Time, the first two auctions will close. Using a staggered-auction cycle, Enporion will put to bid all 20 turbines, with two auctions beginning and ending every 14 days. According to the supplier, the turbines for auction are comparable to the GE Model LM2500, with capacities ranging from 21 to 28 megawatts. Each unit is approximately 10 years old with less than 40,000 total hours of use. Commerce One, Inc. (Nasdaq: CMRC), the e-marketplace company, is providing the technology solution for this and all of Enporions auctions. Commerce One Auction Services has become a staple within the e-commerce industry for handling auctions and other dynamic commerce activity. Once auctioned, the buyers will have the choice of configuring the turbine to run on distillate, natural gas or dual fuel. Each unit comes with a one year, 8,000 fired hours warranty. Additional warranty, as well as on-site service and repair contracts may be purchased at the time of sale. Once units are purchased, final configuration to meet buyer specifications will take place and the units will be shipped ready-to-install. Brokers will be excluded from bidding. All bidders for this event must pre-qualify through Enporion. Pre-qualification for this event is available online at auctions.enporion.com/bidder/registerapplicant.asp. "This auction represents an unusual, and perhaps unique, opportunity for companies ranging from energy generators to large institutions and manufacturers to increase generation capacity rather quickly, in the face of high energy demand," said George Gordon, CEO of Enporion. "The fact that Enporion has been selected by the owner to present these turbines for auction reflects well on both our technology and our philosophy of mutual gain. Certainly, we are the first in our industry to use auction capabilities to benefit both our suppliers and bidders in an event of this magnitude." According to Terry Ray, vice president of Energy Information Strategies for META Group, Inc., Using the auction method for purchasing high ticket items should appeal to savvy buyers able to fast-track approvals within their organizations. The ability to shave two to three years of lead time off a purchase of this type makes this auction attractive, especially in this critical supply/demand period in the energy industry. "The series of turbine-generator auctions represents not only a major transaction, but the increased use of e-marketplaces to move complex, business-critical goods and products via the Internet," said Dennis Jones, president and vice chairman of Commerce One. "Commerce One focuses primarily on helping its customers to move business processes online to save time and money. Enporion has taken a leadership role in enabling its members to leverage the benefits of e-commerce and we look forward to helping Enporion realize further efficiencies." For more details on this and other Enporion auctions, please see Auction Events. Product Specifications:
About Enporion Enporion is a global procurement e-marketplace that focuses on building relationships that benefit both buyers and suppliers. Enporion's goal is to simplify the buying process to drive operational excellence through supply chain improvement. By reducing cycle times, lowering inventories, and reducing transaction costs, buyers and suppliers will realize enhanced profitability. Enporion buyers will access new suppliers, and will experience supply chain process improvements, thus lowering overall operating costs. Suppliers will reap the benefit of a smoother interface and exposure to new customers, while having their voices heard through a permanent Enporion Supplier Council. Founding members of Enporion include Allegheny Energy, Inc., Allete (formerly Minnesota Power), Ameren Corporation, CMS Energy Corporation, Keyspan Corporation, PPL Corporation, and UGI Corporation. The Company's Web address is www.enporion.com. |
||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||
| Enporion Names George Gordon President and CEO Veteran CEO and supply chain expert chosen to lead e-procurement marketplace TAMPA, Fla. (June 21, 2001) - The Board of Directors of Enporion, the global supply chain e-marketplace for the energy industry, today announced the selection of George Gordon as the company's President and Chief Executive Officer. Mr. Gordon succeeds Joe Zelechoski, who has served as Enporion's interim CEO since the company's inception in August 2000. Mr. Gordon brings to Enporion experience in supply chain marketplaces, e-procurement, and the development and building of small, entrepreneurial companies. Most recently, he served as President and CEO of FastParts.com, a privately held company located in San Jose, California. FastParts.com was founded as an electronic bulletin board-based trading exchange to help procurement professionals streamline their company's supply chain process. In 1996, FastParts.com launched the first B2B Internet marketplace for buyers and sellers of electronic inventory, allowing companies to purchase and sell products and goods without disrupting existing sales channels. Before joining FastParts.com, Mr. Gordon was founder, Chairman and CEO of Datamatix, Inc., an electronic commerce trading exchange specializing in public sector procurement services. Previously, Mr. Gordon held the position of President and CEO of SPD Technologies, Inc. He created SPD by leading a management buyout from Gould Inc., establishing SPD as a world leader in advanced shipboard electrical distribution, monitoring, control, and interior communication systems for the U.S. Navy's fleet of combatant ships. "We chose George Gordon because of his vast knowledge and expertise in procurement and e-marketplaces," said Ken Emery, an Enporion director and a senior vice president of CMS Energy, one of Enporion's founding members. "Based on his track record in the supply chain industry, we believe that Mr. Gordon will successfully lead and grow Enporion's e-marketplace so we can continue to provide a marketplace beneficial to buyers and suppliers." "At this point in the economic cycle, energy companies should be looking to Enporion because of its demonstrated ability to lower supply chain costs and enhance the bottom line," said Gordon. "What attracted me to Enporion was its ability to provide energy companies with easy access to an array of suppliers, and also provide suppliers expanded business opportunities in an efficient and cost-effective marketplace." About Enporion Enporion is a global procurement e-marketplace that focuses on building relationships that benefit both buyers and suppliers. Enporion's goal is to simplify the buying process to drive operational excellence through supply chain improvement. By reducing cycle times, lowering inventories, and reducing transaction costs, buyers and suppliers will realize enhanced profitability. Enporion buyers will access new suppliers, and will experience supply chain process improvements, thus lowering overall operating costs. Suppliers will reap the benefit of a smoother interface and exposure to new customers, while having their voices heard through a permanent Enporion Supplier Council. Founding members of Enporion include Allegheny Energy, Inc., Allete (formerly Minnesota Power), Ameren Corporation, CMS Energy Corporation, Keyspan Corporation, PPL Corporation, and UGI Corporation. The Company's Web address is www.enporion.com. |
||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||
| Enporion and MegaSys Announce Full Third-Party Logistics Offering TAMPA (April 18, 2001) Enporion, Inc., a global procurement e-marketplace for the energy industry, and MegaSys, Inc., a leading provider of third-party logistics solutions, today announced a joint service offering that allows Enporion customers to take full advantage of the exceptional logistics capabilities of MegaSys through an integrated interface. Customers of Enporion can receive the full range of logistics services available from MegaSys, Inc. including in-bound freight management, intra-company transportation, outage and project logistics including temporary warehousing, and full freight management services such as audit and claims handling. In addition, customers using the new offering can take advantage of significant aggregated freight contracts available through the alliance. The service is offered on a no-fee basis to customers of Enporion and has proven to save utility companies and their suppliers an average of 15% over in-house freight operations. This value added service is another example of how Enporion is the leader in providing the utility industry with high value, exchange based services. This service is here, its proven and is available today, said Joe Zelechoski, CEO of Enporion. According to Rob Richardson, CEO of MegaSys, Its quite an honor to have Enporion place its logistics program in the hands of MegaSys. Our new partnership with Enporion not only brings us tremendous worldwide exposure, but it also validates the fact that MegaSys has, indeed, become the premier logistics provider to the utility industry. About MegaSys MegaSys is a third party logistics provider with over fifteen years of experience in supply chain management. Through its value-added partnerships and the latest in information technology, MegaSys has become a successful innovator in the field. MegaSys is a non-asset based company that works closely with companies to design programs of logistic solutions specifically tailored to meet their needs, whether that includes only a handful of specific services or a total outsourcing of logistic requirements. MegaSys champions the methodology that clients are best served by having tactical logistics decisions made by peer-level teams. The company is therefore organized into specialized teams that focus on groups of services including new client integration, information technology, freight bill services, and international support. MegaSys has twenty offices in North America. About Enporion Enporion is a global procurement e-marketplace that focuses on building relationships that benefit both buyers and suppliers. Enporion's goal is to simplify the buying process to drive operational excellence through supply chain improvement. By reducing cycle times, lowering inventories, and reducing transaction costs, buyers and suppliers will realize enhanced profitability. Enporion buyers will access new suppliers, and will experience supply chain process improvements, thus lowering overall operating costs. Suppliers will reap the benefit of a smoother interface and exposure to new customers, while having their voices heard through a permanent Enporion Supplier Council. Founding members of Enporion include Allegheny Energy, Inc., Allete (formerly Minnesota Power), Ameren Corporation, CMS Energy Corporation, Keyspan Corporation, PPL Corporation, and UGI Corporation. The Company's Web address is www.enporion.com.
|
||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||
| Enporion Conducts First International Auction with Electricité de France International auction signifies global utilization of online energy industry exchange TAMPA, Fla. (February 13, 2001) Enporion, Inc., an open global supply chain e-marketplace for the energy industry, and Electricité de France (EDF), a French-based global company that generates, transmits and strategically distributes electricity in France, and around the world through many subsidiaries (London Electricity, LIGHT, EDENOR, ENBW etc), today announced the successful completion of the first international transaction through Enporions online energy marketplace. Enporion hosted a single-day auction for EDF that produced bids on 4,000 kilometers of cable from seven suppliers in four European countries. The transaction not only produced savings in time and money for EDF, but the French company now has a new fixed wiring cable supplier. An auction, nearly four hours in length, was conducted in both French and English and generated 38 bids in Euros from participating suppliers. EDF said the company hopes to develop an ongoing relationship with the winning bidder, a first-time fixed wiring cable supplier to EDF. EDF realized a cost-savings of approximately ten 10 percent below the previous price. At the same time, the process time for an auction of this magnitude, was reduced to less than four hours. Our expectations for this transaction were exceeded, and we are considering making full use of Enporions exchange in the future. E-Marketplaces like Enporion represent the future in supply chain process improvements for our industry, said Paul Mazeres, executive vice president, purchasing division of EDF. Yves Corre, senior vice president, e-procurement of EDF said: I am very pleased with the efficiency of Enporions marketplace and its auction services. They provided us with the training and support we needed to conduct a successful auction. We have learned much about using Enporion to streamline the supply chain function. We will consider more auctions through Enporions energy exchange in the future. EDF selected Enporion to work with its buyer group to develop an online, reverse auction that would incorporate Europes regulatory procurement parameters. Enporions expertise and extensive knowledge sharing with the EDF group helped EDF leverage the electronic medium to conduct the purchase of 4,000 kilometers of cable. The successful EDF transaction represents Enporions first use of its energy e-marketplace for international transactions. This auction succeeded in bringing international buyers and suppliers to its site. Enporion CEO Joe Zelechoski, expressed his enthusiasm about the teamwork between Enporion and the EDF group. Both EDF and the participating suppliers went through extensive training to ensure that all were fully prepared for Enporion to conduct a successful auction. We are very pleased with EDFs success, our relationship with the company, and the resulting expansion of Enporions global market. This is concrete proof that Enporions business model works for international buyers and sellers. About EDF The EDF Group is currently one of the major players
on the world electricity market that provides a range of energy services
at the service of companies and local authorities in France and Europe
and the rest of the world through several subsidiaries (LIGHT, EDENOR
etc). EDFs areas of specialization include engineering, electrical
engineering, thermal engineering, and climatic engineering. While playing
an active role in building the European single market, EDF intends to
contribute to the development of emerging countries by providing them
with capital, techniques and know-how. EDF has a full array of industrial
facilities ranging from power plants (hydro, fossil-fired and nuclear
power, new energies) to distribution systems, including research and development
facilities. Its performances ensure that its customers obtain a competitive
edge and allow EDF to be a major player in economic development in France
and beyond French borders. The Companys Web address is About Enporion Enporion is a global procurement partnership that focuses on building relationships that benefit both buyers and suppliers. Enporions goal is to simplify the buying process to drive operational excellence through supply chain improvement. By reducing cycle times, lowering inventories, and reducing transaction costs, buyers and suppliers will realize enhanced profitability. Enporion buyers will access new suppliers and will experience supply chain process improvements, thus lowering overall operating costs. Suppliers will reap the benefit of a smoother interface and exposure to new customers while having their voices heard through a permanent Enporion Supplier Council. Founding members of Enporion include Allete (formerly Minnesota Power), Allegheny Energy, Inc., Ameren Corporation, CMS Energy Corporation, Keyspan Corporation, UGI Corporation, and PPL Corporation. The Companys Web address is www.enporion.com. |
||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||
| Enporion Chooses Tampa For Permanent Headquarters Tampa welcomes arrival of new energy e-marketplace TAMPA (January 9, 2001) Enporion, an open, global supply chain e-marketplace for the energy industry, today announced the selection of Tampa as the permanent site for its Corporate Headquarters and primary operations. The announcement was delivered to various members of the Tampa community early this morning during a special breakfast event hosted by the Greater Tampa Chamber of Commerce, the City of Tampa and the County of Hillsborough. Mayor Dick Greco, County Commission Chair Pat Frank, Chamber Chairman and former Governor Bob Martinez and members of the Greater Tampa Chamber of Commerce all pointed to the value of the announcement to further growth in Tampa. "Using the latest technology to simplify business
purchasing processes, Enporion's IT focus lends greatly to the impressive
list of high-tech companies already located in Florida," said Governor
Jeb Bush. "We welcome Enporion to the Tampa-region and wish it much
success in the Sunshine Enporions selection of downtown Tampa as its headquarters showcases the Chambers long-standing economic development relationships and its ability to attract new economy/e-commerce companies. All the members of our Tampa team--the county, city, USF and private sector--were integral, working hard in a short period of time to close the deal, said Governor Bob Martinez, chair of the Greater Tampa Chamber. Incorporated in August 2000, Enporion has been operating at temporary headquarters located in Chicago. Enporion began conducting business across its exchange in October 2000. Business conducted through the marketplace saved both money and time and introduced new suppliers to utility buyers. Electric and gas energy companies in the United States annually purchase more than $100 billion worth of goods and services to operate their plants and distribution systems. The increase in B2B eCommerce technology has created tremendous potential to make business operations more efficient and effective and to produce significant cost savings. Enporion provides its buyer and supplier members a technology-based procurement process that drives supply chain operational excellence in the energy industry. Part of our growth strategy was to choose a location that would help us to compete in a dynamic market, said Joe Zelechoski, CEO of Enporion. What better place than Tampa, with its close proximity to an international airport rated #1 by Condé Nast Traveler, attractive quality of life and excellent technology infrastructure. In addition, Tampa has made us feel extremely welcome from our very first visit, and were very excited to be here. We already feel a strong bond to the community. Tampa was chosen after Enporion reviewed very competitive proposals from five U.S. locations. Enporion is completing final negotiations to secure a downtown Tampa location and anticipates occupying the site by the end of February. Initial employment projection is approximately 80 by April 2000, including some who have been already recruited from the Tampa area. About The Greater Tampa Chamber of Commerce The Greater Tampa Chamber of Commerce, www.tampachamber.com, is a membership organization of more than 2,300 members, representing 230,000 employees nearly half the workforce of Hillsborough County. The Tampa Chambers economic development group is ranked as one of the top ten development organizations in the world by Site Selection magazine. About Enporion Enporion is a global procurement partnership that focuses on building relationships that benefit both buyers and suppliers. Enporions goal is to simplify the buying process to drive operational excellence through supply chain improvement. By reducing cycle times, lowering inventories, and reducing transaction costs, buyers and suppliers will realize enhanced profitability. Enporion buyers will access new suppliers, and will experience supply chain process improvements, thus lowering overall operating costs. Suppliers will reap the benefit of a smoother interface and exposure to new customers, while having their voices heard through a permanent Enporion Supplier Council. Founding members of Enporion include Allegheny Energy, Inc., Allete (formerly Minnesota Power), Ameren Corporation, CMS Energy Corporation, Keyspan Corporation, PPL Corporation, and UGI Corporation. The Companys Web address is www.enporion.com. |
||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||
| Enporion Announces Completion of Initial Transactions Five reverse auctions signal start of operation for energy industry exchange Chicago (November 30, 2000) Enporion, Inc., an open global supply chain e-marketplace for the energy industry, today announced the successful completion of five reverse auctions, spanning products and services, through its Auctions and Tenders Service. These events represent the first commercial transactions completed through Enporion. The auctions are valued at $3 million dollars, with an additional $45 million anticipated within the next two months. The first auction, completed on October 24, was conducted by founding member UGI Corporation, and included participation by six qualified suppliers. The commodity auctioned was natural gas for distribution to UGIs gas service customers for the month of November. UGI reported prices that were substantially below those that would be expected given historical data in the traditional Request For Quote (RFQ) process. Since the first auction, UGI has run an additional auction for their December supply, and recognized similar results. "We are very pleased with the success of our initial auctions and the UGI purchases that have resulted, said Vicki O. Ebner, vice president - marketing and gas supply for UGI. Enporion effectively brings together buyers and sellers of energy-related products and equipment in competitive electronic business transactions. Further, it will allow both parties to achieve cost reductions through a streamlining of the purchasing function. Since all transactions are electronic, unnecessary paperwork can be eliminated and response and processing times for purchase orders can be significantly lessened." Keyspan Corporation, another founding member, conducted two auctions on November 9 and November 28, purchasing towable compressors and truck chassis, respectively. The towable compressor auction was a complex, multi-variable auction, allowing bidders to submit bids on eight distinct variables and resulted in a seven percent savings. The truck chassis provided a savings of 30 percent. KeySpan was pleased at the process and the results of Enporions auctions, said Rick Siegel, vice president of operating services of KeySpan Corporation. Not only did we realize significant savings on our purchases, but the auctions demonstrated the value and viability of the electronic bidding process. On November 20, founder Allete (formerly Minnesota Power) accepted online bids on an RFQ for vegetation management services along 10 transmission lines. The auctions took place over several days with savings realized of greater than 20 percent. Minnesota Power was extremely pleased with
the results of our first on-line RFQ bidding process, said Don Shippar,
chief operation officer of Minnesota Power, an Allete company. The
Due to the success of the tenders/auction activity in both cost-savings and process efficiencies, there has been a great deal of interest generated. As mentioned, Enporion is scheduled to conduct numerous events in the next eight weeks involving goods and services valued at more than $45 million. Although this dynamic environment traditionally lends itself to tangible commodities and services, some utilities have expressed a desire to utilize Enporions business service to conduct financial transactions (i.e. currency purchases in the futures market and selling delinquent accounts). The benefits for both buyers and suppliers include operational efficiencies, speed and access to global markets, and reduced cycle time. The successful completion of these auctions represents an important landmark in the growth and development of Enporion, said Joe Zelechoski, CEO of Enporion. The exceptional results realized by our founders are indicative of the savings potential that awaits other utilities that use Enporions services. About Enporion Enporion is a global procurement partnership that focuses on building relationships that benefit both buyers and suppliers. Enporions goal is to simplify the buying process to drive operational excellence through supply chain improvement. By reducing cycle times, lowering inventories, and reducing transaction costs, buyers and suppliers will realize enhanced profitability. Enporion buyers will access new suppliers, and will experience supply chain process improvements, thus lowering overall operating costs. Suppliers will reap the benefit of a smoother interface and exposure to new customers, while having their voices heard through a permanent Enporion Supplier Council. Founding members of Enporion include Allete (formerly Minnesota Power), Allegheny Energy, Inc., Ameren Corporation, CMS Energy Corporation, Keyspan Corporation, UGI Corporation, and PPL Corporation. The Companys Web address is www.enporion.com. |
||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||
| Enporion Announces Alliance with White Amber to Provide Staffing Solutions As Part of Its Online Energy Industry Exchange White Amber Staffing Procurement and Management Solutions Will Further Broaden Enporion's Offerings CHICAGO (November 2, 2000) - Enporion, Inc., an open global procurement exchange for the energy industry, today announced an exclusive alliance with White Amber, Inc., a leading provider of Web-enabled solutions for Human Capital Management, to provide an integrated staffing solution for members of Enporion's Internet business-to-business marketplace. The products provided by White Amber will allow one-stop shopping where Enporion members can fully manage, source and procure their staffing service needs. With the integration of White Amber systems into the Enporion site, Enporion members will be able to manage the entire staffing process, from vendor selection through requisitions and résumé responses to timesheet, invoice processing, and payment. Enporion members will save significant time in the creation, submission and approval of staffing requisitions. Further, members will receive only one itemized bill per month. Founding members of Enporion include Allegheny Energy, Inc., Allete (formerly Minnesota Power), Ameren Corporation, CMS Energy Corporation, KeySpan Corporation, PPL Corporation and UGI Corporation. "Energy companies have a significant need for contract labor, and the White Amber solution will provide our Enporion marketplace members with a way of automating the entire process," said Joseph Zelechoski, interim president of Enporion. "White Amber allows one-stop shopping from about 150 personnel service companies, offering our members contract employees ranging from technical to trade to clerical." "Corporations continue to look for solutions that improve the efficiency of the purchasing process and provide employees with the tools they need to make better staffing decisions. The integration of White Amber within the Enporion marketplace brings new innovations to the Human Capital Management procurement landscape and achieves both of the goals," said Steve Vesce, CEO of White Amber. About White Amber White Amber is a leading provider of Web-enabled solutions for Human Capital Management (HCM). Its staffing experts and patent-pending technology combine to provide clients with an end-to-end, electronic infrastructure that enables companies to hire and manage temporary and contract workers over the Internet while significantly improving service, quality, productivity and savings. The company's Web address is www.whiteamber.com.
Enporion Announces Additional Founding Members CHICAGO (October 2, 2000) Enporion, Inc., an open global procurement exchange for the energy industry, today announced that Ameren Corporation, CMS Energy Corporation, KeySpan Corporation, and UGI Corporation have joined Enporion as founding members. The four companies join the initial founding members Allegheny Energy Inc., Allete (formerly Minnesota Power), and PPL Corp in the exchange, originally announced on August 9. "The Enporion business model represents the way business in the utility industry will take place in the future," said Joe Zelechoski, interim chief executive officer for Enporion. "The founding members that are building the Enporion marketplace are helping to reshape and redesign procurement in the energy industry." "We have been impressed by Enporion's approach," said Ameren Chairman, President and Chief Executive Officer Charles W. Mueller. "By working hand-in hand with Enporion's purchasing and technology experts, Ameren developed detailed estimates for the savings we'd realize by purchasing through the exchange. Those estimates indicate that Enporion will significantly reduce costs in both our regulated and unregulated businesses. We believe that Enporion is large enough to achieve these cost reductions, but small enough to remain flexible in responding to the changing e-commerce marketplace." "This is a major step in taking advantage of technological capabilities to unlock superior buying power, which will achieve purchasing savings and bring more value to our shareholders. All energy utilities will be able to use this global partnership for their benefit," said William T. McCormick, Jr., CMS Energy Corporation chairman and chief executive officer. "KeySpan is pleased to be among the founding members of such an exciting venture as Enporion," said Robert B. Catell, Chairman and CEO of KeySpan Corporation. "Our participation in Enporion is another step in our strategy to take full advantage of the potential of e-commerce. We anticipate significant savings in our non-energy purchases through Enporions innovative approach to procurement." "We are excited to be a founding member of the Enporion Exchange," said Robert J. Chaney, president and CEO of UGI Utilities, Inc. "As a member of this energy industry e-procurement exchange, UGI expects to see significant savings in both operating and construction costs. The combination of innovative technology and their unique collaborative approach with suppliers strategically positions Enporion to fill a critical void in the energy supply chain." In addition to the utility partners, Enporion has established relationships with Lehman Brothers as the investment advisor, and Cap Gemini Ernst & Young as the business advisor and systems integrator. Clarke Communications Group will assist in the branding strategy as well as advertising, public relations, direct marketing and Web-based marketing programs.
Energy Companies Forming Enporion to Fundamentally Change Supply Chain Management ATLANTA--(BUSINESS WIRE)--Aug. 9, 2000--A group of North American utilities and their partners today have announced the formation of Enporion, an open global procurement exchange for the energy industry. The initial founders group includes Allegheny Energy Inc., New Century Energies, Minnesota Power, Northern States Power, and PPL Corp. Cap Gemini Ernst & Young LLC is the business advisor for Enporion. Once formed, this global partnership will focus on building relationships that benefit both buyers and sellers. With a focus on operational excellence, buyers and sellers will see reduced cycle times, lower inventories, reduced transaction costs and enhanced profitability. Suppliers will experience smoother interfaces, exposure to new markets, and, in the long run, more standardized design. Buyers will access new suppliers, and will experience supply chain process streamlining and lower overall operating costs. "By tightly linking suppliers and buyers through the Internet and this B2B exchange, we can dramatically change the way that the energy industry does business," said William F. Hecht, Chairman, President and CEO of PPL Corp. "Operational excellence in supply chain operations by the members of Enporion will allow us to manage most efficiently the Number One or Number Two controllable expense within our organizations," said Wayne Brunetti, New Century Energies Chairman and CEO. "Deregulation of the marketplace has created pressures to reduce costs, and we can work together with our customers to find opportunities for both of us to find ways to achieve this goal," said Bob Dalton, Vice President, Utility Sales and Marketing, Pirelli Cable and Systems, North America. The initiative will mark the first collaborative effort of SAP and Commerce One following the announcement of their alliance to combine their product offerings for building electronic marketplaces. "This group of companies clearly understands the value of integrating their business processes with other buyers and suppliers, and they appreciate how the SAP and Commerce One Marketplace will help them lead in the next wave of collaborative business," said Mayur Shah, president of SAPMarkets. Mark Hoffman, CEO of Commerce One, said: "The exchange represents a strategic opportunity for both Commerce One and SAP. It will allow us to show how our two companies best of class solutions will combine to create an online trading community unmatched by any other." Lehman Brothers is the investment advisor; Akin, Gump, Strauss, Hauer & Feld, LLP is legal counsel to the group, and Ernst & Young LLP is the tax advisor. Enporion also has retained Clarke Communication Group, a Boston-based integrated marketing communications firm, to assist in the branding strategy as well as advertising, public relations, direct marketing and Web-based marketing programs. Enporion is derived from the English word "emporium," meaning a marketplace that carries a diversity of merchandise. The root of the word emporium can be traced back to the ancient Greek word, "emporos", meaning a trader or traveler. The prefix "en" refers to the company's business marketplace - the energy industry. Enporion is scheduled for commercial operation by the end of the year 2000.
|