Volkswagen Does Its Own Thing And Creates Global B2B Auction Model
Volkswagen Taps eBreviate to Create Global Auction Model; Contract Extends Online Auction Program That Has Enabled $5.2 Billion in Spending
WALNUT CREEK, Calif., July 11 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,
Czechoslovakia, 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."
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 http://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 and the London
Stock Exchange. EDS can be found online at http://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.
EDS does not announce the existence of specific contracts prior to client
approval of the announcement. Accordingly, the value of an announced contract
may have previously been reflected in EDS' aggregate new contract signings
reported for a prior period.