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Connection to Supplier Community and Streamlined RFQ Management
Help Spectral to Speed Quote Process by Up to 50%
Pasadena, CA October 9, 2001 eConnections,
the provider of extended supply chain intelligence solutions
for the electronics industry, announced today that Spectral
Response has been able to significantly reduce its quote processing
time since becoming a subscriber of the eConnections Quote
Manager, "Quotility" service in April 2001. eConnections
Quote Manager is the only net-native solution that is designed
specifically for the electronics industry and provides connections
to a community of more than 1500 of the world's leading suppliers,
distributors and manufacturers' representatives.
Spectral, one of the leading contract electronics manufacturers,
has been able to speed its entire quote process by up to 50%
due to key benefits offered by Quote Manager, including:
- One-click RFQ Distribution. Fast, easy access to
a community of over 1500 world-class suppliers.
- Intelligent Multi-level BOM (Bill of Material) Processing.
Automatically upload multi-level BOMs and consolidate common
components for more competitive volume pricing.
- Automatic Data Mapping. Eliminates the need for
manual data formatting.
"eConnections' Quote Manager provides us with an effective
quote management solution that has been fully embraced by
the electronics community," said Kevin Melendy, vice
president of sales for Spectral Response. "With Quote
Manager we can process quotes and bids faster than ever, eliminating
time spent on redundant data entry. eConnections' exceptional
customer support has been a great asset in helping us implement
Quote Manager in days, resulting in immediate ROI.
Spectral Response, headquartered in Duluth, GA, is one of
the largest contract electronics manufacturers in the Southeastern
US, serving leading electronics OEM companies in the industrial,
commercial, instrumentation and medical market sectors.
Previously, Spectral had implemented a quoting tool, but
the software did not have the acceptance of the supplier community.
Recognizing the advantages of engaging with an industry endorsed
solution Spectral implemented the hosted service, first as
a beta user, and then as a full subscriber in April 2001.
Spectral quickly realized the benefits of being able to rapidly
consolidate and review data from the world's leading suppliers.
In addition Quote Manager's analytics allows for rapid competitive
evaluation of all quote criteria enabling Spectral to make
faster, more informed purchasing decisions.
"eConnections' automated RFQ management capabilities
coupled with a single point of access to the world's leading
suppliers provides Spectral with an exceptional competitive
advantage" said Rob Rodin, president and CEO of eConnections.
"By using eConnections' Quote Manager Spectral has been
able to achieve demonstrable ROI in a very short space of
time"
About Spectral Response
Established in 1987 to provide electronic contract manufacturing
services to the southeastern region of the United States,
Spectral Response, Inc. is a well established, widely respected
organization with a proven track record of quality and customer
satisfaction. Locally owned and operated, the Duluth, GA-based
company consistently delivers quality products and customer
focused service. This performance has enabled Spectral to
develop a loyal customer base that includes leaders in industrial,
commercial, instrumentation and medical market sectors. For
more information, contact www.spectralresponse.com.
About eConnections
eConnections is the leading provider of extended supply chain
intelligence solutions specifically designed for collaboration
to manage the electronics industry's global marketplace. eConnections
offers hosted supply chain services that combine embedded
domain expertise with authorized connections to a community
of more than 1500 of the world's leading suppliers, distributors,
and manufacturers' representatives. eConnections provides
electronics companies with trusted, net-native solutions that
streamline the complexity of the supply chains in which they
operate and enable them to get the right product to the right
place, at the right time, in the most efficient way possible.
eConnections, a privately held company, is headquartered in
Pasadena, Calif. For more information, please visit www.eConnections.com.
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