LLamasoft and Trade Extensions Partnership Offers Complementary Supply Chain Design and Strategic Sourcing Solutions
August 31st, 2011
Ann Arbor, MI U.S.A. – LLamasoft and on-line sourcing and optimization leader Trade Extensions, have signed an agreement that enables each to offer the other’s solutions to its customers.
Trade Extensions, with US headquarters in Houston, TX, provides global strategic sourcing solutions to large companies, including Cargill, BP, Alcan, Kimberly-Clark and Unilever. One of Trade Extensions’ strengths is supply chain tendering which allows companies to run sourcing events that span the entire supply chain instead of the traditional approach of tendering each component in isolation. LLamasoft will now be able to offer this solution to its customers and Trade Extensions will be able to introduce LLamasoft’s Supply Chain Guru, and consulting services, to its own customers.
“The combination of our sourcing expertise coupled with LLamasoft’s outstanding products and services make this an ideal partnership. ,” said Chetan Raniga, General Manager, Americas with Trade Extensions. “We look forward to working with LLamasoft to showcase the benefits strategic sourcing brings to supply chain optimization.
Toby Brzoznowski, LLamasoft’s Executive Vice President added, “Trade Extensions’ strategic sourcing solutions enhance our offerings. We’re excited to work with Trade Extensions to help support its customer’s ongoing supply chain improvement initiatives.”
About Trade Extensions
Trade Extensions sets new standards for on-line sourcing and optimization. Its unique sourcing software helps organizations achieve their strategic buying objectives by specifying sourcing events, collecting offers and, most significantly, optimizing the results. On-line sourcing projects generate millions of variables and it is the algorithm design that underpins the success of Trade Extensions’ software and means solutions can be identified in seconds. Trade Extensions also provides integrated spend analysis to help organizations identify and exploit sourcing opportunities.