Close
  • Latest News
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Logo
Logo
  • Latest News
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home Latest News

      Volkswagen Steering Online Auctions In-House

      By
      eWEEK EDITORS
      -
      July 16, 2001
      Share
      Facebook
      Twitter
      Linkedin

        Volkswagen may become the first old Economy company to bring electronic auctions within its own operations on a large scale. The German automaker said it is taking control of its auction process for privacy reasons.

        The company said it doesnt want to risk exposing its parts contracts and prices on a third partys system.

        Volkswagen has already become one of the worlds biggest corporate users of auction services. In the last eight months, it bought $5.2 billion worth of goods in 270 different events. The company plans to initiate a total of 700 auctions this year.

        “Ive been covering auctions for two years. VW is the only one Ive heard of that has run that many,” said Gartner analyst Emily Andren. “Theyre busy.”

        Now, Volkswagen plans to take those auctions in-house, licensing the technology from eBreviate, the Electronic Data Systems subsidiary that currently hosts Volkswagens auctions. The automaker will adopt a 24-hour helpdesk, auction scheduling and other support operations that eBreviate currently provides.

        Managing auctions over computer networks is an inherently difficult task, but Volkswagen is aggressive despite inexperience. “A lot of things can go wrong if youre inexperienced,” Andren said.

        After conducting some pilot auctions in spring 2000, Volkswagen jumped into auctions in a big way in December. The company has been soliciting bids for the parts used by its factories and brands worldwide, including Audi and Skoda Auto. The software lets suppliers see how their bids fare against rivals on up to 19 different parameters.

        “It gives them a good benchmark.” said Meike-Uta Hansen, head of Volkswagens auctions.

        Volkswagen already saves an average 15 percent per transaction on the total cost of the goods it buys, through lower bids, said Sarah Pfaff, executive vice president of eBreviate.

        eWEEK EDITORS
        eWeek editors publish top thought leaders and leading experts in emerging technology across a wide variety of Enterprise B2B sectors. Our focus is providing actionable information for today’s technology decision makers.

        MOST POPULAR ARTICLES

        Big Data and Analytics

        Alteryx’s Suresh Vittal on the Democratization of...

        James Maguire - May 31, 2022 0
        I spoke with Suresh Vittal, Chief Product Officer at Alteryx, about the industry mega-shift toward making data analytics tools accessible to a company’s complete...
        Read more
        Cybersecurity

        Visa’s Michael Jabbara on Cybersecurity and Digital...

        James Maguire - May 17, 2022 0
        I spoke with Michael Jabbara, VP and Global Head of Fraud Services at Visa, about the cybersecurity technology used to ensure the safe transfer...
        Read more
        Cloud

        IGEL CEO Jed Ayres on Edge and...

        James Maguire - June 14, 2022 0
        I spoke with Jed Ayres, CEO of IGEL, about the endpoint sector, and an open source OS for the cloud; we also spoke about...
        Read more
        Applications

        Cisco’s Thimaya Subaiya on Customer Experience in...

        James Maguire - May 10, 2022 0
        I spoke with Thimaya Subaiya, SVP and GM of Global Customer Experience at Cisco, about the factors that create good customer experience – and...
        Read more
        Big Data and Analytics

        GoodData CEO Roman Stanek on Business Intelligence...

        James Maguire - May 4, 2022 0
        I spoke with Roman Stanek, CEO of GoodData, about business intelligence, data as a service, and the frustration that many executives have with data...
        Read more
        Logo

        eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site’s focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

        Facebook
        Linkedin
        RSS
        Twitter
        Youtube

        Advertisers

        Advertise with TechnologyAdvice on eWeek and our other IT-focused platforms.

        Advertise with Us

        Menu

        • About eWeek
        • Subscribe to our Newsletter
        • Latest News

        Our Brands

        • Privacy Policy
        • Terms
        • About
        • Contact
        • Advertise
        • Sitemap
        • California – Do Not Sell My Information

        Property of TechnologyAdvice.
        © 2022 TechnologyAdvice. All Rights Reserved

        Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

        ×