Published: 26 November 2001
ID: G00189523
Analyst(s): Rekha Waheed
Within a year, Volkswagen Group claims to have recouped the investment costs for VWGroupSupply.com, its supplier portal. It has made more than 500,000 transactions with approximately 4,000 suppliers and has conducted more than 500 auctions. For Volkswagen, this is only the beginning of a wider e-business strategy that will start with directing its entire EUR 50B procurement strategy through VWGroupSupply.com.
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