A.T. Kearney Procurement Solutions and Austin-Tetra Formalize Partnership

Set up content database with detailed supplier information

Set up content database with detailed supplier information

Chicago, IL  August 13, 2004  A.T. Kearney Procurement Solutions, the sourcing technologies and services unit of A.T. Kearney, a global management consulting firm, and Austin-Tetra, a supplier of intelligence for the global supplier and sourcing market, today announce that they have signed a long-term contract for enhanced supplier content and enterprise spend diagnostic services.

The contract provides A.T. Kearney Procurement Solutions clients with access to the most comprehensive intelligence on global suppliers available through supplier information provided by Austin-Tetra, including business demographics, corporate ownership, product and service categorization, socioeconomic information, and business risk analysis.

"This partnership enables us to provide our customers with the best information available on each of their incumbent or prospective suppliers," said Joseph Raudabaugh, president of A.T. Kearney Procurement Solutions. "The content provided by Austin-Tetra enhances the spend analysis functionality already available in our suite of services and technologies, providing faster access to more comprehensive information on global suppliers."

"We are delighted to be working with A.T. Kearney Procurement Solutions," said Phil Berkebile, president and CEO, Austin-Tetra. "Merging the service and technologies of A.T. Kearney Procurement Solutions with the content and diagnostic services of Austin-Tetra provides value to our respective customers. We share a common goal of providing our clients with better spend management and analysis information, insight into enterprise-wide supplier initiatives, as well as comprehensive supplier information."

A.T. Kearney Procurement Solutions teams, working directly with Austin-Tetra's best-in-class content and service team, will provide clients with spend analysis and supplier insight as a part of their strategic sourcing and accelerated sourcing services. They will work with customers to ensure the right tools and content are deployed to improve the long-term value of the sourcing activities. Initial joint clients for this partnership include a Fortune 1000 customer as well as a leading public sector customer.