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Product category: Electromechanical Components
News Release from: Farnell
Edited by the Electronicstalk Editorial Team on 10 December 2004

Bosch signs in record German
e-procurement deal

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Farnell InOne has won a new contract with Robert Bosch, one of the world's leading manufacturers of power tools and automotive equipment.

Farnell InOne has won a new contract with Robert Bosch, one of the world's leading manufacturers of power tools and automotive equipment The agreement - for the supply of electronic and electromechanical components to all of Bosch's European sites - is expected to generate sales of Eur 7.5 million (GBP 5 million) over three years, and is the largest ever contract won by Farnell InOne Germany

Major benefits to Bosch will include an online e-procurement solution to increase purchasing control, as well as supplier reduction from many to just one - Farnell InOne.

The e-procurement system will enable Farnell InOne to supply Bosch - through Click2procure, an electronic marketplace - with an online catalogue.

Bosch purchasers will have access to a tailored product range of 80,000 electronic and electromechanical components from Farnell InOne.

A spokesperson for the central purchasing department at Bosch, commented: "We were looking for a supplier which especially matched our e-procurement requirements".

"Farnell InOne secured the contract as a result of its flexibility as a dedicated provider of multiple sales channels and value-added services".

Martin Tinter, Corporate Account Manager, Farnell InOne, added: "This is a major achievement for Farnell InOne Germany".

"To provide an e-procurement solution to Bosch - a name synonymous with high performance and innovation - is a credit to the hard work of our eCommerce team".

"E-procurement solutions really are the future of business, and Farnell InOne will continue to innovate and work with its customers to provide them".

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