Enron Mail |
-----Original Message-----
From: John Manfredonia [mailto:manfred@bellatlantic.net] Sent: Thursday, May 10, 2001 1:29 PM To: Kenneth.Lay@enron.com Cc: Jeffrey.Skilling@enron.com Subject: Business Development Opportunity Mr. Kenneth Lay Chairman Enron Corporation 1440 Smith Street Houston, Texas 77002 Dear Mr. Kenneth Lay: This brief note concerns an innovative business development opportunity in the rapidly expanding field of B2B eProcurement/e-commerce. I am trying to initiate a system to fully integrate an industry that is fragmented and in need of adding scalable 'process' efficiencies. This will require substantial resources that are not available to me. These resources would be less significant to a company like Enron Corporation. However the upside potential would, I believe, be significant to your corporation. The risk reward ratio in this marketplace favors the upside potential significantly. This market is ripe for innovation because of the fundamental need to improve product and service delivery in a cost effective and timely manner. The process has already begun but will require a critical mass player that can deliver open-market eProcurement. The process related savings alone will be approximately $11 billion annual when an effective supply chain system is implemented. The timing is critical since in the next 18- 36 months the winners and losers would have already lined up for success and failure. A linchpin is needed and it could well be Enron. I have little doubt that Enron could do the job and become the stand-alone leader in this field. I am writing to Enron Corporation to determine your potential interest in a very large global marketplace that is poised for transformation and transition. This marketplace is currently valued in excess of $300 billion annual worldwide with high profit margins as well as large continuing revenue growth rates in excess of 10% annually. There are buy and sell side opportunities for revenues as well as a transactional fee opportunity. What I am proposing would be the critical next innovative step to enter a new level of global sourcing, purchasing, risk management and distribution for this industry. I realize the vagueness and brevity of my comments but without an existing level of confidentiality I cannot expand these thoughts. If you have interest in taking one additional step to determine if my strategic concept has merit please let me know. Best regards, John Manfredonia 267-987-5456 manfred@bellatlantic.net Box 72 Buckingham,PA 18912 cc: Mr. Jeffrey K. Skilling President and CEO
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