Iasta Announces the Launch of eSourcingWiki for Procurement Professionals

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Open source knowledge center for supply management best practices -- the first of its kind to benefit procurement practitioners.

Iasta.com, Inc., is fast-becoming the leading innovator of e-Sourcing software and services for global supply management. In an effort to promote increased knowledge sharing of supply management best practices, the company announced that it had launched eSourcingWiki.com. The new web site is intended to contain a series of documents which are meant for global review, collaboration, edit and publishing. Although Iasta is writing the initial content versions, the company is encouraging readers to participate in the evolution of the content to keep it current and useful.

Traditionally known as "white papers," Iasta has decided to transform the aspect of information distribution in a new way that reflects the changing environment of the Internet and community based mind-share. Though white papers distribute information in a clear, concise manner, their biggest limitation is that they quickly become stagnant and lose usefulness. Iasta's goal is to ensure dynamic content by allowing any registered user to make edits to the papers or even submit their own ideas and content which advance the profession of supply management. Users will drive the direction of eSourcingWiki. This new website follows the overwhelming success of eSourcingForum.com; the first vendor sponsored blog dedicated to strategic sourcing and supply management which has experienced exponential growth since its launch in 2005.

"We have been surprised and honored by the incredibly positive reaction and growth of our blog. Exploding web traffic and consistent double digit monthly growth at eSourcingForum have clearly shown an insatiable thirst for knowledge within the professional purchasing community. eSourcingWiki will continue the process of showing that Iasta is a leader in eSourcing technology, evangelism, promotion, and knowledge transfer." stated David Bush, SVP Business Development and Iasta founder.

The first three wiki series are titled Strategic e-Sourcing Best Practices: A Total Value Management Perspective, On-Demand / SaaS Application Platforms:

Introduction to a Rapid Software Deployment Model and Spend Analysis and Opportunity Assessment . The website and wiki series are free to read and are available at http://www.esourcingwiki.com. Additionally, the blog is available at http://www.esourcingforum.com.

About Iasta

Iasta is a software and global service provider of cost-effective Supply Management solutions. We help companies of all sizes and locations make better purchasing decisions -- about the right product, the right provider at the right price. Companies use Iasta's product platforms to automate their strategic sourcing processes and provide buyers with the ability to collect and analyze supplier information. Iasta SmartSourceā„¢ enables companies to communicate with buyers and suppliers through built-in, integrated components such as: e-RFx / Auction, Project Management, Decision Optimization, Document Library, Contract Management and Management Dashboard. Customers include industry leaders such as YUM! Brands, Monsanto, ServiceMaster, Timex, OfficeMax, Burlington Coat Factory and Brunswick. These customers and many more extract value through Iasta optimization-based sourcing products and services -- the Power to Decide. For more information, please visit http://www.iasta.com or call 317.594.8600.

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DAVID BUSH
IASTA
317-594-8600
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