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LexisNexis Expands Offering for Purchasing Professionals
New One-Stop Information Resource Changes the Way Knowledge is Managed
DAYTON, OH, April 26, 2004 - Institute For Supply Management (ISM) Annual International Conference, The Philadelphia Marriott Booth #401, April 26, 2004 – As procurement professionals are challenged with reducing costs and business risks, LexisNexis U.S., a leading provider of legal, news and business information services, today announces the availability of a one-stop information resource to help meet these challenges.
"What’s exciting about this offering is that it dramatically cuts down on the amount of time it takes to locate and qualify potential suppliers," says David Marantes, vice president of purchasing and supply chain management for LexisNexis. "Our jobs require very strategic decisions, so it’s important to have access to credible news, business, and legal sources that will allow you to track the stability of vendors and analyze industry trends."
Procter & Gamble’s purchasing team understands the value and necessity of strategic intelligence, too. "Purchasing people see improved knowledge management as a source of competitive advantage," says Rob Patton, P&G’s purchasing group manager. "We’ve found that when it comes to news and information in the public domain, the real challenge lies in digging through mountains of information to find what’s topical and reliable. With the help of LexisNexis, we were able to create and integrate within our Intranet a customized Purchases Community page with relevant and valuable information that has dramatically changed the way we gather and share information every day."
LexisNexis® Purchasing and Supply Chain Solutions was designed by purchasing professionals to drive and integrate strategic intelligence into day-to-day sourcing decisions. In addition to key purchasing publications online, such as Purchasing Magazine and Supply Chain Management Review, LexisNexis offers access to more than 30,000 news, business, and legal sources that enable its customers to make better business decisions by providing access to the right content for the job-specific needs.
For more details, visit www.lexisnexis.com/purchasingsolution.
About LexisNexis
LexisNexis® (www.lexisnexis.com) is a global leader in comprehensive and authoritative legal, news and business information and tailored applications. A member of Reed Elsevier Group plc [NYSE: ENL; NYSE: RUK] (www.reedelsevier.com), the company does business in 100 countries with 13,000 employees worldwide. In addition to its flagship Web-based research service, LexisNexis, the company includes some of the world’s most respected legal publishers such as Martindale-Hubbell, Matthew Bender, Butterworths, Les Editions du Juris-Classeur, Abeledo-Perrot and Orac.
LexisNexis offers an extensive range of products and customized tools that address job-specific and organization-wide information needs, driving productivity and confident decision-making.
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