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Volkswagen Taps eBreviate to Create
Global Auction Model
Contract Extends Online Auction Program that has Enabled $5.2
Billion in Spending
WALNUT CREEK, California (July 11, 2001) eBreviate, an EDS
company offering a market-leading suite of eSourcing tools, technologies
and services, today announced it won a multi-year contract to install
its auction software within Volkswagen's (VW) information technology
infrastructure that enables the auto maker to create a complete,
self-service, global auction model.
The contract covers technology, maintenance and installation of
eBreviate's auction software, and encompasses all of VW's operating
units and brands, including VW, Audi, Seat, Skoda, VW de Mexico,
VW Brazil and others. The agreement is part of VW's strategy to
build a leading edge B2B automotive marketplace. Auctions will be
conducted at VW sites in Brazil, The Czech Republic, Germany, Mexico
and Spain, and will be supported in multiple languages and currencies.
"eBreviate's technology and approach are best suited for our
needs to drive broad adoption of online auctions across the VW organization,"
said Meike-Uta Hansen, Head of Auctions for the B2B Project at Volkswagen.
"eBreviate has the unique industry insight and expertise to
address our strategic requirements and is helping us support our
worldwide purchasing strategy."
The new agreement extends VW's use of eBreviate Internet Negotiation
technology beyond the 270 auctions already completed to date. In
the last eight months, VW has negotiated more than $5.2 billion
of direct and indirect materials and services using eBreviate's
auction technology. Materials auctioned to date range from hubcaps
and water pumps to aluminum and fax machines.
"Together with our EDS colleagues at A.T. Kearney, we began
work with VW last year with the shared
vision of going 'big' with auctions right from the start,"
said Sarah Pfaff, executive vice president of Sales,
Marketing and Strategy at eBreviate. "We believe VW has emerged
as the acknowledged industry leader
in applying new Internet technologies to its strategic sourcing
activities."
Volkswagen has showcased it's use of eBreviate products in the
following brief video:
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here to view the Windows Media Player with a slower connection (56.6k,
28.8k)
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About eBreviate
eBreviate, an EDS company, combines leading-edge technology with
market-driven content and in-field services to deliver the best
eSourcing solutions to global businesses, governments and net markets.
Located in Walnut Creek, California, with regional offices in Plano,
Texas and London, England, eBreviate enables purchasing organizations
to become razor sharp and rigorous in what they buy, from whom they
buy and under what commercial terms. eBreviate's integrated and
automated eSourcing tools take out time, cost, and inefficiency
from the procurement cycle. This automation brings greater productivity
and accountability to purchasing, while optimizing the way buyers
and suppliers qualify, negotiate, and evaluate their business relationships.
eBreviate can be found online at www.ebreviate.com.
About EDS
EDS, the leading global services company, provides strategy, implementation
and hosting for clients managing the business and technology complexities
of the digital economy. EDS brings together the world's best technologies
to address critical client business imperatives. It helps clients
eliminate boundaries, collaborate in new ways, establish their customers'
trust and continuously seek improvement. EDS, with its management
consulting subsidiary, A.T. Kearney, serves the world's leading
companies and governments in 55 countries. EDS reported revenues
of $19.2 billion in 2000. The company's stock is traded on the New
York Stock Exchange (NYSE: EDS) and the London Stock Exchange. EDS
can be found online at www.eds.com.
About Volkswagen
The Volkswagen Group, headquartered in Wolfsburg, Germany, is the
largest car producer in Europe. Its 2000 revenues set a record at
86.6 billion euros with net earnings of more than 2 billion euros.
In western Europe, the largest car market in the world, every fifth
car comes from the Volkswagen Group. Nine
independent brands from six European countries belong to the Volkswagen
Group: Audi, Bentley, Bugatti, Lamborghini, Rolls-Royce, Seat, Skoda,
Volkswagen Commercial Vehicles and Volkswagen Passenger Cars. It
is the goal of the company to offer attractive, safe and environmentally
friendly vehicles which are competitive in an increasingly tough
market and which set world standards in their respective classes.
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