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PurchasingNet President & CEO Named "Pro to Know"
by Supply & Demand Chain Executive


P2P Visionary Tim McEneny Wins Industry Accolade for the 2nd Time in 3 Years
 
Red Bank, NJ
 

March 20, 2007 - PurchasingNet, Inc. (www.PurchasingNet.com) today announced that company President & CEO, Tim McEneny, is the recipient of the coveted 2007 "Pro to Know" Award by Supply & Demand Chain Executive. This is the second time in three years McEneny has achieved "Pro-to-Know" status.

The 7th Annual Supply & Demand Chain Executive "Pros to Know" feature highlights professionals who are driving the transformation initiatives and achieving the successes that help Supply Chain earn recognition as a true strategic partner within organizations. This year, S&DCE added the Provider "Pros to Know" category to recognize executives at Supply Chain solution and services providers who have made significant contributions to elevating the performance and status of Supply Chain.

"One of the P2P megatrends we are seeing is the desire to automate all Procure-to-Pay transactions in the mid- to large- sized companies," stated award winner, McEneny, "We anticipated this trend back in 1996 when we introduced the first-ever, Web-based eProcurement system. It is nice to see we are receiving industry recognition for pioneering the P2P automation business," he concluded.

"CEO's and CFO's are coming to understand the Supply Chain's impact not only on the bottom line but on the top line as well," said Andrew Reese, Editor, S&DCE. "Solution Providers, who give the Supply Chain the tools they need to raise the bar within their companies and their industries, deserve special recognition," Reese concluded.

McEneny will be giving awards instead of receiving them later this month when he bestows 14 Annual Achievement Awards on PurchasingNet, Inc.'s most successful customers during the 2007 PNet Client Forum in Orlando, FL.

About Tim McEneny

McEneny is responsible for the overall direction and management of PurchasingNet, Inc. and is the driving force behind the creation of the company's products. He is widely acknowledged as one of the world's leading authorities on Procurement and Accounts Payable. He is credited with developing the first-ever Windows-based and Web-based Procurement system, PNet.

Prior to co-founding PurchasingNet, McEneny was a leading international management consultant to companies implementing various ERP/MRP II software packages. As a practitioner, Mr. McEneny was a Materials Manager at Singer, IBM, and Sara Lee.

McEneny is a frequent speaker at international conferences for APICS (American Production and Inventory Control Society) and the Institute for Supply Management™. Recently, he was featured in "Net Future," a New York Times Bestseller, authored by Internet expert, Chuck Martin. McEneny authored the book, "Up the Manufacturing Organization: The Modern Materials Management Guide to Survival" and contributed the eProcurement Chapter to "The Handbook of eBusiness."

McEneny is certified at the Fellow Level by APICS and earned a Bachelor of Sciences Degree in Industrial Engineering (BSIE) from Lehigh University.
 

 
About PurchasingNet, Inc.
 

PurchasingNet, Inc. (www.PurchasingNet.com) is a leading provider of Web-based eProcurement and ePayables software to mid- and large-sized companies. The company has over 1,400 customers in Financial Services, Retail/Consumer Products, Professional Services, Media/Publishing, and a variety of other industries.

Founded in 1983, PurchasingNet has focused exclusively on the development and implementation of Procurement and Payables applications since inception. In addition to building an extensive, blue-chip client base, PurchasingNet possesses deep domain expertise in Purchasing and Payables business processes. The average length of service at PurchasingNet is 8 years per employee.

PurchasingNet's customers include US Bank, Navy Federal Credit Union, American Financial Group, Liz Claiborne, HBO, EarthLink, XM Satellite Radio, Black & Decker, Kroger, and General Mills.

 
For Details, Contact:
 
Erinn Tarpey
Marketing Manager

PurchasingNet, Inc.
732-212-1500 x 3173
 
Key terms: Supply & Demand Chain Executive, Pros To Know, Tim McEneny, APICS, ISM
 
Related topics: PNet Solutions Overview, Management
 
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