Walnut Creek, CA April 18, 2001 Home-improvement retailer Home Depot will use software from eBreviate for Internet negotiations and electronic sourcing of certain product categories, under an agreement announced today.
The one-year agreement provides Home Depot with unlimited use of eBreviate's Internet negotiations application, which provides for online auctions and requests for proposal (RFPs). Home Depot will also have the option to use eBreviate's Web-based educational services and classroom instruction provided through the software provider's training group, dubbed eBreviate Academy.
Terms of the agreement were not disclosed. Initial categories for online auctions and RFPs are likely to include store fixtures, office supplies and temporary labor, according to a statement from eBreviate.
"Our procurement goals are to drive both time and cost from our purchasing cycle and we believe our use of eBreviate's tools will get us there faster and more efficiently," said Kent King, director of procurement at Home Depot. "Our contract with eBreviate represents an excellent alignment of strategy and technology."
"The Home Depot is a market leader in the retail home improvement industry and, as this new agreement clearly shows, it is also a leader in deploying new and highly effective e-sourcing tools and technologies across its enterprise," said Niul Burton, president of eBreviate, which is a division of EDS.
eBreviate's online auctions and RFP tools are part of its end-to-end suite of eSourcing products and services that include Spend Management, Deal Management, Sourcing Team Tools, Supplier Search and value-added services including Supply Market Solutions, eSourcing managers and eBreviate Academy.
Atlanta-based Home Depot currently operates 1,166 stores in 48 states, Puerto Rico, seven Canadian provinces, Chile and Argentina. The company was recently named sixth in the Top Ten Most Admired Companies in America.