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Article Excerpt
In December, Emptoris, Inc. (Burlington, MA, 781-993-9212)(www.emptoris.com), a privately-held provider of enterprise supply management solutions for Global 5000 companies, today reported that The Toro Company (Bloomington. MN, 952-888-8801)(www.thetorocompany.com) (NYSE: TTC), a very significant provider of outdoor maintenance and beautification products for home, recreation, and commercial landscapes, selected Emptoris' enterprise supply management solution as the company's platform for facilitating Toro's strategic global strategic sourcing initiatives.
Emptoris' sourcing tools can complement Toro's focus on optimizing the supply chain by facilitating improved collaboration between internal stakeholders and suppliers, lowering the cost of goods and services and automating the end-to-end sourcing process for direct and indirect materials and services.
"Today, leading companies, such as The Toro Company, have a total cost focus that concentrates on improving the pricing, quality, delivery and performance of its suppliers," stated Avner Schneur, CEO of Emptoris. "Emptoris is excited to work with Toro to meet these objectives."
For the fiscal year ended October 31, 2004, The Toro...
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