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A.T. Kearney
Procurement Solutions Announces Services Agreement with WorldWide
Retail Exchange
Premier B-to-B Retail and Manufacturing Exchange to Gain Access
to Customized Sourcing Services Augmenting its WorldSOURCE solution
suite
CHICAGO, Illinois (May 27, 2004) A.T.
Kearney Procurement Solutions, the eSourcing technologies and services
unit of A.T. Kearney, a global management consulting firm, today announced
that they have signed an agreement with the WorldWide Retail Exchange
(WWRE®). The agreement gives the WWRE access to a Supplier Repository,
in the form of customized supplier search capabilities, and also provides
its members access to Supply Market Solutions, a web-based resource
for strategic sourcing content and methodologies. By enabling members
with access to knowledge repositories and ready-to-use sourcing/procurement
templates for data gathering, these services will expand the WWRE
WorldSOURCE suite, which contains Negotiations/Auctions and Collaborative
Procurement offerings. The relationship with A.T. Kearney Procurement
Solutions allows us to provide our members with valuable sourcing
services that enhance the procurement process, said Sally Herbert,
Chief Commercial Officer of the WWRE.
A.T. Kearney Procurement Solutions has created customized sourcing
support services and business tools which can be tailored to our members'
specific sourcing and procurement requirements, adds Pete Plotas,
Director of Strategic Alliances, WWRE. This relationship will
benefit any WWRE member with a focus on sourcing.
This agreement is the first of its' kind, says Joe Raudabaugh,
CEO of A.T. Kearney Procurement Solutions. We are happy to be
working with a forward-thinking group like the WorldWide Retail Exchange.
They built their organization on the same principles as A.T. Kearney
Procurement Solutionswith a focus on eliminating inefficiencies
in the supply chain. We applaud their efforts and are glad to be one
of their partners in delivering value to their clients.
About WWRE
The WWRE is the premier Internet-based business-to-business exchange
for retailers and suppliers. Designed to facilitate and simplify trading
between retailers, suppliers, partners and distributors, the WWRE
currently consists of members from Africa, Asia, Europe, North America
and South America with combined sales of approximately U.S. $900 billion.
To date, the WWRE has saved its members over $1.6 billion through
the use of online negotiations, its first product offering. For more
information, visit the website at www.wwre.org
or www.worldwideretailexchange.org.
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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