JOHANNESBURG, June 14, 2010 /PRNewswire/ -- Quadrem, a global supply management solutions leader, has reached a milestone by exceeding US$100 Billion in cumulative spend (throughput) via its global supply network. Quadrem continues to succeed in its global vision of simplifying and streamlining business by deploying 100% On Demand solutions that remove costs for both buyers and suppliers. These realized savings are the driving force that has allowed Quadrem's cumulative throughput to pass US$100 Billion.
(Logo: http://photos.prnewswire.com/prnh/20100614/DA19308LOGO)
It is our customers' commitment to advance supply management processes that has allowed Quadrem to achieve this goal, said Quadrem CEO Charles Jackson.
Mr. Jackson, who has been an executive with Quadrem since its formation and seen first-hand its steady growth, says that it's a not only a positive for the company, but its customers as well.
Given the current global economic climate, these automated procurement processes are essential to companies' in improving efficiencies and growing collaboration, resulting in lower costs and better supply chain performance, he said. Consequently, this is a win-win for Quadrem and its customers.
Deon Mocke, Regional VP of Quadrem Africa, said that in today's business world, where security of information, spend control and transactional efficiency are so crucial, we're very proud to be associated with enterprises that have taken their procurement processes so seriously.
It's especially encouraging to see the positive impact it's had on their bottom-line results, corporate governance and transformation, said Mocke. In the South African context, executives are rapidly catching on to the fact that procurement is a key strategic enabler to class-leading performance, which is excellent news for our future competitiveness in the global village.
About Quadrem
Quadrem is a global provider of Supply Management Solutions. Customers include Anglo American, Nestle, Alcoa, Accenture, Total, Rio Tinto, and BHPB Billiton and over 65,000 connected suppliers in more than 50 countries. Quadrem delivers on-demand solutions that enable buyers and their suppliers around the world to automate processes, improve performance and reduce supply chain costs. We provide Services and Solutions to optimize: Sourcing, Procurement, Settlement, Master Data Management and Supplier Collaboration processes. Established in 2000, Quadrem has locations in Australia, Brazil, Canada, Chile, Costa Rica, France, Mexico, The Netherlands, Peru, Singapore, South Africa, the United Arab Emirates and the United States.
Available Topic Expert: For information on the listed expert, click appropriate link. Christopher Haydon https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=79724
SOURCE: Quadrem
CONTACT: Christopher Haydon of Quadrem , +1-214-872-1360,chaydon@quadrem.com
Comments