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A.T. Kearney Procurement Solutions Announces Rapid Increase in Customer Adoption and Spend Through its eSourcing Solutions

V.P. Carrie Ericson Honored By Supply & Demand Chain Executive Magazine as One of Top Provider Pros to Know in 2004

CHICAGO, Illinois (April 6, 2004) A.T. Kearney Procurement Solutions, the eSourcing technologies and services unit of A.T. Kearney, a global management consulting firm, today announced increased corporate momentum for its leading eSourcing solution and a top industry honor for its executive leadership. Marking two major milestones, February was the strongest month ever for A.T. Kearney Procurement Solutions. A.T. Kearney's total spend negotiated through its eSourcing Suite surpassed $123 billion from its nearly 230 customers. In addition, Carrie Ericson, A.T. Kearney Procurement Solutions Vice President of Global Customer Service and Delivery, was named as one of the industry's Top Provider Pros to Know for 2004 by Supply & Demand Chain Executive Magazine.

“We are enthusiastic about the increase in procurement spend processed through our technologies and the recognition in the marketplace for our sourcing innovation and leadership,” said Joe Raudabaugh, President of A.T. Kearney Procurement Solutions. “Large global organizations are accelerating their use of our sourcing and supply management solutions, leading them to significant increases in savings and process efficiencies. The variety of spend categories and the frequency with which our customers are using our eSourcing technologies to address the amount they spend with outside vendors is up significantly year on year. The average number of sourcing events per customer has grown from an “experimental” or “pilot” level of less than nine per year in 2002 to over 40 in 2003 as industry leaders embed our eSourcing Suite into their processes. Sophisticated users are addressing a full range of categories, from direct to indirect goods and services.”

A.T. Kearney eSourcing Suite customers are achieving nearly 18 percent savings on average realized savings through a total of over 3,700 electronic RFPs and 7,200 Auctions that have been processed through the technology, involving a total of nearly 47,000 suppliers.

Ericson's honor as a Provider Pro to Know places her among an elite group of individuals from supply and demand chain software providers who exhibit deep domain knowledge and innovative thinking within the industry. Leaders were nominated by peers and selected for dedication to continued improvement in supply chain technology.

A.T. Kearney Procurement Solutions delivers immediate savings with unprecedented speed to nearly 230 customers through immediate access to a full range of technologies and services. A.T. Kearney Procurement Solutions offers a variety of industry-leading sourcing solutions, including eBreviate Auctions, eBreviate RFP / Sourcing Surveys, Spend Management, Deal Management, Sourcing Team Tools, Supply Market Solutions, Academy of Excellence, Leveraged Sourcing Networks, and Product Lifecycle Sourcing.

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 and fastest-growing 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.

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