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| A&P Supermarket
Chain to Utilize A.T. Kearney Procurement Solutions eSourcing Services
and Technologies Powered by eBreviate Supermarket Operator Selects eSourcing Provider for RFP, Auction and Supply Market Solutions Tools PLANO, Texas (June 5, 2003) A.T. Kearney, the global management consulting subsidiary of EDS, today announced that The Great Atlantic & Pacific Tea Company, Inc. (A&P), has signed a contract with A.T. Kearney Procurement Solutions for the use of its eSourcing negotiations technologies and services. The contract includes access to the eBreviate RFP and Auction technologies, as well as the Supply Market Solutions tool, a web-based resource for intellectual capital, content and methodologies on strategic sourcing. “We are privileged to be working with a company like A&P, whose goal is to use our technologies to cut costs and improve their profits,” said Michael Sorensen, vice-president of worldwide sales and marketing, A.T. Kearney Procurement Solutions. “In our early days, some retail customers—and particularly those that sold perishable goods—had difficulty seeing how they could use eSourcing technologies to lower their costs, and hence were slower in adopting them. A&P is joining a group of clients who now see the impact that strategic sourcing tools can have on their bottom line.” ABOUT A&P Founded in 1859, A&P was one of the nation's first supermarket chains, and is today one of North America's largest. The Company currently operates approximately 680 stores in 11 states, the District of Columbia and Ontario, Canada under the following trade names: A&P, Waldbaum's, The Food Emporium, Super Foodmart, Super Fresh, Farmer Jack, Kohl's, Sav-A-Center, Dominion, the Barn Markets, Food Basics and Ultra Food & Drug. The Company also manufactures and distributes the Eight O'Clock line of whole bean coffees. About A.T. Kearney A.T. Kearney Procurement Solutions (www.atkearneyprocurementsolutions.com) provides comprehensive strategic procurement services to clients with needs that range from tactical cost savings to outsourced strategic sourcing services to complete procurement transformation. A.T. Kearney Procurement Solutions augments the strategic sourcing expertise of A.T. Kearney (www.atkearney.com), one of the world's largest management consulting firms. With a global presence that includes more than 60 offices in 37 countries, spanning major and emerging markets, A.T. Kearney provides strategic, operational, organizational and technology consulting and executive search services to the world's leading companies. A.T. Kearney is the high-value management consulting subsidiary of global services leader EDS. About EDS EDS, the leading global services company, provides strategy, implementation, business transformation and operational solutions 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 60 countries. EDS reported revenues of $21.5 billion in 2002. The company’s stock is traded on the New York Stock Exchange (NYSE: EDS) and the London Stock Exchange. Learn more at www.eds.com. # # # |
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