PHILADELPHIA, April 12, 2012 (GLOBE NEWSWIRE) -- Procurian, the leading specialist in comprehensive procurement solutions, held its second consecutive Executive Forum, a unique council dedicated to bringing together executives to discuss key challenges and share solutions for funding innovation and growth. James Kilts, chairman of the board of Nielsen, former Gillette CEO, and Wall Street Journal dubbed "brand mechanic," kicked-off the event with a discussion on "Total Innovation," a combination of Big Bang innovation, continuous improvement and incremental innovation to drive sustained growth. Executives in attendance shared their experience, advice and best practices around driving transformation and innovation across multiple industries and global organizations.
"Total Innovation can move companies to a higher level of performance and is essential to achieve accelerated future growth," said Kilts. "There are three critical factors for success: structure, which means changing the fundamentals of a company; strategy, a clear vision and an effective plan, creating operational excellence and value; and culture, which is translated into a confidence throughout the organization that innovation is wanted."
Carl Guarino, CEO of Procurian, added, "In today's increasingly competitive market, companies must find ways to drive innovation in all facets of the business to sustain strategic advantage. At Procurian, we are solely focused on enabling Procurement to play a bigger and more direct role in supporting innovation and growth by achieving a new standard of excellence we call The New ProcurementTM. The New Procurement calls for a fundamental shift in the way companies manage spending by optimizing 100% of expenditures globally, applying real-time market intelligence and delivering continuous cost innovations while supporting strategic objectives like sustainability and growth."
Companies such as Kimberly-Clark, Elizabeth Arden and Whirlpool use Procurian's Specialized Procurement Infrastructure™ which combines dedicated teams of specialists with deep category expertise, real-time market intelligence, comprehensive processes and a sophisticated set of proprietary tools and technology to accelerate their path toward The New Procurement.
About Procurian, Inc.
Procurian is the leading specialist in comprehensive procurement solutions. Forward-thinking business leaders partner with Procurian to transform procurement and drive sustainable changes to their cost structures. Global industry leaders, including Kimberly-Clark, Hertz, Symantec, Timken and Whirlpool, have chosen Procurian to accelerate this transformation. Procurian's built-out Specialized Procurement Infrastructure™ integrates with businesses to optimize spending and deliver real savings that equal a margin point or more. Procurian is an ICG (Nasdaq:ICGE) company.
The Procurian, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=12383