Topcon Omni Systems Selects ThreeCore for Procurement Services

    DANVERS, Mass.--March 25, 2003--Topcon Omni Systems selected ThreeCore to assist in sourcing castings for their advanced line of ophthalmology equipment. Driven by a highly competitive market, Topcon utilized ThreeCore's material expertise and extensive supply base to identify qualified sources of supply. The goals of the program were to lower costs, reduce the number of suppliers, and receive finished castings.
    ThreeCore identified suppliers from Pennsylvania, Florida, Wisconsin, and Ontario to compete for Topcon Omni Systems' production contract. ThreeCore helped its customer narrow down the field to two highly competitive suppliers. The contract was awarded to a full-service supplier, resulting in an 18% material cost reduction. Topcon Omni Systems' supply chain was reduced from five suppliers to one.
    "We chose ThreeCore as a result of their expertise in sourcing production materials." said Ben Needleman, Controller of Topcon Omni Systems, "We have a small procurement team and we do not have the resources to conduct the extensive supplier search that ThreeCore used to identify qualified foundries. Their team is also helping us with the implementation phase of the program to make sure that the transition to a new supplier is seamless."
    "Topcon Omni Systems' runs a lean operation and cost reduction is imperative to their business," stated Tom Petersen, President of ThreeCore. "Our specialization in sourcing customized materials such as finished castings allowed us to work very effectively with their team. In the end, we were able to select a highly qualified supplier and provide our customer a 39% return on investment.

    Topcon Omni Systems, Inc.

    Topcon Omni Systems is a leader in the manufacture of chairs, stands and delivery systems for the Ophthalmic Industry. The Omni Delivery Systems create a state-of-the-art working environment. The systems provide functionality, flexibility and efficiency for any eye care facility. Topcon Omni also has the ability to tailor any Omni System with custom cabinetry to accommodate the practitioners' needs.

    ThreeCore, Inc.

    ThreeCore is a professional procurement firm that enables manufacturers to source and manage production materials more efficiently. The company provides a range of services including project management, staff augmentation, and procurement outsourcing. ThreeCore's technology, audited supply base and expertise in sourcing production materials allow its customers to substantially reduce material costs.