Bristlecone Supports Newell Rubbermaid's Global Go-Live of SAP® BusinessObjects™ Spend Performance Management

MOUNTAIN VIEW, Calif., June 29 /PRNewswire/ -- Bristlecone, a trusted SAP services partner and one of the industry's most experienced supply-chain business advisors and solution providers, today announced that Newell Rubbermaid, a global marketer of consumer and commercial products, utilized its services to implement the SAP® BusinessObjects™ Spend Performance Management application.  The deployment, which addresses Newell Rubbermaid's global spend spread across its supply base, will provide Newell Rubbermaid clear visibility into its spend patterns and provides its sourcing community with a consolidated view of data.  This solution will enable Newell Rubbermaid to achieve lower costs through better visibility into spend activities as well as leverage its purchasing power, increase operational and manufacturing efficiencies, and enhance supplier relationships.

Newell Rubbermaid leveraged Bristlecone's deep expertise with the entire spend-analysis process to implement the SAP BusinessObjects Spend Performance Management application and integrate the results from spend analysis seamlessly into their global and centralized sourcing process.

"This deployment has given us visibility into our spend-analysis process across the entire company and tremendously increased user acceptance in our sourcing and procurement community," said Mike Corriveau, vice president of Indirect Sourcing and vice president of Program Management Office, Newell Rubbermaid. "It has helped us to achieve our goals of balancing costs, identifying hidden savings and supplier risk factors, as well as rationalizing our supply base. We selected Bristlecone as our provider based on their combination of deep understanding of spend management processes, as well as functional, project management and technical expertise in SAP BusinessObjects Spend Performance Management. They were very responsive to our specific needs and helped us work through a tight implementation timeline."

"Our team worked collaboratively with the Newell Rubbermaid team to deliver business value by deploying SAP BusinessObjects Spend Performance Management in 15 weeks," said Naresh Hingorani, global practice leader, Integrated Sourcing and Procurement Practice at Bristlecone.  "Bristlecone continues to be a key line of business partner for customers worldwide in implementing SAP Spend Performance Management."

In order to optimize spend by all of its global business units, Newell Rubbermaid selected SAP BusinessObjects Spend Performance Management for its ease of use, data connectivity and consumer product goods footprint.

"By teaming with Bristlecone on this implementation of SAP BusinessObjects Performance Management, we've been able to deliver even greater value to our joint customer, Newell Rubbermaid," said Thad Dungan, vice president, Solutions Management, SAP. "Through this cooperation, Newell Rubbermaid is able to boost global insight into the company's purchasing behavior, enabling employees to identify opportunities for cost-savings."

About Bristlecone

Bristlecone, (www.bcone.com) is a leading consulting and systems integration firm focused on helping clients maximize the strategic value of their supply chains. Headquartered in Silicon Valley, CA, Bristlecone helps clients across North America, Europe and the Asia/Pacific regions realize high business impact from improved operations through advisory, systems implementation and managed services. In the area of Integrated Sourcing and Procurement, Bristlecone services address client needs for Spend and Risk Analysis, Strategic Sourcing, Contract Lifecycle Management, Operational Procurement and Analytics, and Data Cleansing, Normalization and Enrichment. Bristlecone provides these services via traditional on-premise, hosted, Software as a Service (SaaS) and BPO models. Bristlecone has been continually acknowledged by industry analysts and customers as a leader in solutions for the extended supply chain. Bristlecone clients include globally recognized companies such as Credit Suisse, Callaway Golf, Tellabs Inc, Steelcase, Newell Rubbermaid, Wells Fargo, ABB, Exxon/Mobil, Freescale Semiconductor, LSI, Mahindra & Mahindra, Qatar Petroleum, Petronas, Ranbaxy, Silicon Labs, Sony, Unilever and Whirlpool. For more information please visit www.bcone.com

SAP and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries.

Business Objects, BusinessObjects and the Business Objects logo are trademarks or registered trademarks of Business Objects in the United States and/or other countries.  Business Objects is an SAP company.

All other product and service names mentioned are the trademarks of their respective companies.

SAP Forward-looking Statement

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

CONTACT: Michael Hartman, Bristlecone, +1-404-964-8966, [email protected]

SOURCE Bristlecone

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