Press Release – March 2013

Press Release

FOR IMMEDIATE RELEASE

“Paladin Associates Inc. Partners with MFG.com to Offer LiveSource to their OEM Clients”

Atlanta, March 20, 2013LiveSource platform offered by Paladin Associates to help drive efficiency with their clientsFOR IMMEDIATE RELEASE

Atlanta, GA – Paladin Associates, Inc., a provider of strategic sourcing solutions with expertise in sourcing, finance and operations management, has partnered with MFG.com, the leader in manufacturing sourcing technology, to bring the LiveSource cloud sourcing solution to mid-sized enterprises.

Paladin Associates Inc., whose staff brings deep spend category experience and knowledge of best practices at Fortune 500 companies, now offers the LiveSource tool to deliver swift time-to-benefit for client sourcing initiatives. Paladin’s use of LiveSource will enable their clients to achieve new cost reduction results across a wide range of direct material spend areas, while reducing supply chain risk and improving overall operational efficiencies.

“This partnership will enable us to help our customers close a significant solution gap that exists within their sourcing process. LiveSource is an effective optimization-driven sourcing tool that can dramatically improve efficiency for our clients’ sourcing process,” said Don Hoeppner, Executive Partner at Paladin. “LiveSource will allow our expert sourcing teams to deliver this real life solution to clients that can help them for years to come”, added Bob Matthews, Executive Partner at Paladin Associates Inc.

“We are excited to partner with Paladin Associates Inc. and help bring cloud based sourcing solutions to their expansive list of customers. The tool helps organizations to become more effective in managing their supply chains and reduce direct material spend dramatically. We believe this is a great partnership for both organizations,” said Roger Blumberg, Vice President of LiveSource for MFG.com.

About Paladin Associates Inc.:

Paladin Associates Inc. is a Sourcing Services company staffed by veteran professionals from GE, P&G and similar industry leaders. All Associates have over 25 years of business experience.

Services include staff augmentation, strategic sourcing projects, technology implementations, spend analysis, complex optimization projects, sourcing event management, strategic sourcing skills training, procurement transformation, and other cost reduction initiatives. Projects have generated savings of 5% to over 25% across a wide variety of diverse Spend Categories, in both direct materials and indirect expenses.

Rather than outsourcing or adding resources, clients can utilize Co-Sourcing with Paladin to ID tangible cost saving opportunities, utilize Paladin’s Leveraged Purchase Agreements, engage experts with broad and deep financial/operating expertise in various industries and apply Six Sigma methodologies for continuous improvement. For cost reduction projects, Paladin offers a performance based fee option.

For more complete information, visit: www.PaladinAssociatesInc.com

About LiveSource by MFG.com:

LiveSource is a cloud based eSourcing tool that combines the power of advanced supplier management with the global reach of the world’s largest manufacturing marketplace—MFG.com. LiveSource helps companies discover, collaborate and work with qualified global suppliers, resulting in smarter spending, reduced product costs, shorter delivery times, and a more flexible supply chain without adding IT infrastructure costs.

To learn more about LiveSource from MFG.com, please visit www.livesource.com.

Press contact:

Renee L. Libby
Paladin Associates, Inc.
(770) 335-2020

RLLibby@PaladinAssociatesInc.com
www.PaladinAssociatesInc.com