Have Profit Rebounds at Fortune 1000 Companies Been Driven by Strategic Supply Management Programs and Technologies?
BURLINGTON, MA and LONDON, Sep. 15, 2010 (Marketwire) — BURLINGTON, MA and LONDON — (Marketwire) — 09/15/10 — Emptoris, Inc., a leading provider of strategic supply and enterprise contract management software, announced today the results of Supplier-Side Economics, a benchmark survey of CFOs and senior financial executives at Fortune 1000 companies conducted by CFO Research Services. The results quantify major inroads in strategic supplier management efficiency that experts say may be contributing to the recent rebound in the growth of earnings reported by the world’s largest global companies. “Companies employing strategic supply management programs fared better than their competitors during the recent economic downturn in delivering value to the bottom-line and shareholders. We believe these survey points clearly demonstrate the impact the growing adoption of strategic supply management technologies has on companies,” said Patrick Quirk, President and Chief Executive Officer of E