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Volkswagen Selects A.T. Kearney

Tuesday 4 May 2004 08:22 CET | News

Volkswagen has signed a perpetual license agreement for A.T. Kearneys leading eBreviate eSourcing auction tool, fully integrated into VWs back-end systems. The agreement ensures that Volkswagen will be able to continue to take advantage of procurement savings and efficiencies from A.T. Kearney Procurement Solutions eSourcing Solution for the long term. The long-term agreement marks the first time that an automotive OEM has secured a permanent license for an online negotiation tool behind a firewall. Since Volkswagen began using the eBreviate Auction technology from A.T. Kearney Procurement Solutions in 2000, the company has transacted over $60 billion in spend through the tool through more than 4,000 individual auctions.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce