Turnpoint Solutions Deploys Procurement System for Portman Limited


PERTH, Australia, May 16, 2008 (PRIME NEWSWIRE) -- Turnpoint Solutions, LLC, a leading provider of business and process driven IT consultancy services for the mining, transportation, and utility industries, announced today that it recently completed project delivery of a new procurement system for Portman Limited, a West Australian based supplier of high-grade iron ore. With principal assets in Koolyanobbing and Cockatoo Island producing 8 mtpa, Portman services the Asian iron ore markets with direct-shipping fines and lump ore.

Portman engaged Turnpoint for the management, design and implementation of the purchase-to-pay ERP systems functionality across its business operations in order to support ongoing growth targets with effective management and controls. Deployment of the new system will facilitate an improved efficiency to ensure correct and appropriate expenditure approvals processes, as well as the availability of automated capital and operational commitments as part of corporate governance and compliance requirements.

Chris Hunt, General Manager Finance & Administration at Portman stated, "The unqualified success of the project was a result of the effective collaboration of the entire project team and their commitment to delivering the outcomes necessary to meet our business objectives. Adopting an automated systems approach will enhance productivity and the ability for Portman to report, access and make procurement decisions across our corporate and mine operations as part of our best practice commitment."

Leveraging Portman's major shareholder Cleveland-Cliffs' shared facilities and services from the USA, the project delivery team combined the IS program management office for Cleveland Cliffs Inc. and the Turnpoint project team, which worked directly with Portman staff in Perth WA (Australia).

Turnpoint's Australasia Managing Director, Adrian Hale added, "With the support of a strong international team that consistently focused on local needs, the project delivery was achieved on time and on budget, ultimately securing the advancement of Portman's objective to meet and optimize its operational demands. The success of the project is a testament to the culture, professional commitment and teaming that Portman, Cleveland Cliffs and Turnpoint possess."

About Turnpoint Solutions LLC

Turnpoint Solutions is a leading provider of business domain and process driven IT consultancy services for the mining, transportation, and utility industries. We work with clients to develop innovative yet attainable business transformation strategies and we focus on the strategic application of technology in the areas of asset management, customer care and workforce optimization.

By combining vertical industry subject matter expertise, vendor/technology experience, and proven program management we ensure that our client's technology investments deliver measurable, sustainable competitive advantage. Additional information is available on line at www.turnpoint-solutions.com.

The Turnpoint Solutions LLC logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=5051



            

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