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| | Data Pinching - Emerson Electric Co. |
 | | What Emerson is doing—using the Net to find places where, say, orders placed by individual divisions can be combined and leveraged for greater savings—"is far more difficult and time-consuming, but ultimately should reap deeper savings over time," he says. |
| | Emerson's installation three years ago of a $12 million, state-of-the-art in-house communications network is helping those responsible for Emerson's $5 billion annual purchasing budget to push prices down and streamline and reform sloppy purchasing practices. |
| | Before Emerson rolled out its new Materials Information Network—MIN, for short—purchasing execs at three of the 18 factories run by Emerson's Fisher Valves division, for example, had unknowingly been buying the same 12-foot stainless steel tubing from two suppliers at three different prices—which varied by as much as 35 percent. |
| www.cioinsight.com /article2/0,1397,6031,00.asp (1233 words) |
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