Vinimaya Receives 2007 'Executive 100' Award From Supply & Demand Chain Executive Magazine For The Second Consecutive Year

For the second year in a row, Vinimaya Inc., the leading provider of next generation supplier enablement solutions for e-procurement, has been named one of Supply & Demand Chain Executive Magazine's "Executive 100" innovators for its successful deployment of a global e-catalog purchasing portal for a Fortune 50 client.

Supply & Demand Chain Executive is the executive's user manual for successful supply and demand chain transformation. The annual listing acknowledges innovative solution providers, consultants and other organizations that are leading the way in transforming companies' supply and demand chains.

The winning case study examined how Vinimaya deployed their patent-pending ViniSyndicate Catalog Integration System for this client in less than three months, enabling both online and stored supplier catalogs covering the majority of the client's targeted Indirect spend. ViniSyndicate now powers this client's company-wide supplier portal, allowing users to place orders from preferred supplier catalogs at negotiated prices right from their desktop browsers. The portal is fully integrated with the client se-procurement systems, and is used worldwide, currently serving operations in North American, South America and Australia. In addition to increasing user adoption and spend capture, ViniSyndicate helped the client dramatically reduce supplier enablement and user training costs, as well as improved supplier contract price compliance.

The ViniSyndicate Catalog Integration System is based on Vinimaya's patent-pending Intelligent Agent Server platform, which uses real-time distributed Internet search, business process automation and high performance data parsing technologies to search suppliers' online catalogs and web sites real-time and enable suppliers faster, easier and non-invasively, eliminating the need for large, centralized catalog databases and the costly and complex XML Punchout connections used in traditional supplier networks. ViniSyndicate is targeted toward companies using e-procurement systems such as Oracle iProcurement, Ariba Buyer, PeopleSoft Enterprise E-Procurement and SAP EBP and provides users with key functionality like federated search, item compare, saved carts, favorite's lists and price auditing, none of which is supported by XML punchout.

This year, the award criteria focused on building the 21st century supply chain. "Our readers turn to Supply & Demand Chain Executive to learn about new solutions and best practices for enabling the supply chain, to understand trends in supply chain technology, and to benchmark their own companies' enablement initiatives with those of other enterprises across industry verticals," explained Andrew K. Reese, editor of Supply & Demand Chain Executive. "The corporate executives and line-of-business leaders who rely on the magazine want to know what the different supply chain solution and service providers are doing to help them meet the challenges of the 21st century supply chain."

"Being named to the Supply & Demand Chain Executive 100 two years in a row is an honor," said Gary Hare, president and CEO of Vinimaya. "We are bringing a 21st century solution to a problem which has plagued e-procurement since its earliest days, namely supplier enablement."

Leading Fortune 500 companies including Sunoco, 3M, Corning and Agilent Technologies among others have adopted ViniSyndicate. Vinimaya also offers EasyOrder, a low cost Internet EDI solution for both Buyers and Suppliers, and EasyPortal, a standalone ePurchasing solution that combines the market leading capabilities of ViniSyndicate with the simplicity of EasyOrder.

About Vinimaya
Vinimaya, Inc. is a privately held software solutions company that provides Supplier Enablement Solutions for E-Procurement for both buyers and suppliers based on the patent-pending Vinimaya Intelligent Agent Search (IAS)(TM) that are 100% compatible with e-procurement systems such as Ariba Buyer, SAP EBP, Oracle iProcurement and PeopleSoft Enterprise eProcurement among others. Visit www.vinimaya.com .

SOURCE Vinimaya Inc.