General Motors Signs on to printCafe e-Procurement Solution
Press release from the issuing company
Pittsburgh, PA (Aug 2, 2001) -- printCafe™, the operating system for print™, announced today that it has signed an agreement to provide enterprise-wide print procurement solutions to General Motors Corporation (NYSE: GM), the world’s largest automaker.
"The US corporate print buying market is in excess of $200 billion annually and General Motors is among the fast-growing list of corporations implementing Web-based print buying as part of their larger e-procurement strategy," said Marc Olin, president and co-CEO of printCafe. "This is very exciting for the print industry because it highlights the compelling and growing synergy between print procurement and the Web."
printCafe is a leading developer of supply chain management software for the printing and publishing industry. The company provides print management systems for publication, commercial and print on demand printers and also provides custom-branded and configured Web sites for the procurement of print across all facets of the print supply chain including large corporate print procurement organizations, printers, and printers’ smaller print buyers. General Motors joins the numerous other printCafe corporate print buying customers which include AOL Time Warner (NYSE: AOL) and The Hewlett-Packard Company, and printer customers such as Mail-Well (NYSE:MWL).
"We’re very pleased that, after exploring a variety of e-procurement solutions, GM chose printCafe to help them increase savings and efficiencies in their print buying processes," said Olin. "Clearly, GM recognizes the value of our stability, expertise, and commitment to supporting our Impresse product."
"This is good news for print houses as well," said David Holt, chief technology officer at Mail-Well, a printCafe customer and GM print supplier. "This agreement paves the way for a more tightly integrated print supply chain. The result will be additional cost savings through increased efficiencies, reduced waste, and tighter relationships for all."
About General Motors
General Motors (NYSE: GM), the world's largest vehicle manufacturer, designs, builds and markets cars and trucks worldwide. In 2000, GM earned $5 billion on sales of $183.3 billion, excluding special items. It employs about 372,000 people globally. GM also operates one of the largest and most successful financial services companies, GMAC, which offers automotive, mortgage and business financing and insurance services to customers worldwide. GM is investing aggressively in digital technology and e-business within its global automotive operations and through such initiatives as e-GM, GM BuyPower, OnStar and its Hughes Electronics Corp. (NYSE:GMH) subsidiary. More information on General Motors can be found at www.gm.com.
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