Quadrem

Quadrem is a commercial corporation originating from the Mining Industry. It is one of the eMarketplace launched in the early year 2000 to support the purchasing process of industries with similar interests. Collaboration in the purchasing practices and creation of international standards were now becoming possible with the wider use of Internet. In 2007, very few of those eMarketplace survived. Quadrem is one of the few remaining active most likely for 2 main reasons: it's direct global world approach and a strong sponsoring from its founding industry (mining). Its activities now include promotion of durable economy and technology developments aiming at the empowerment of minorities. It is also taking an active role in the UNSPSC classification program and standardization of communication between suppliers and purchasers.

History

Quadrem is a world wide procurement and strategic sourcing provider. It was created in October of 2000 during a trend of eMarketplace creation. It originates from the mining industry with those founding members:
*Alcan Inc
*Alcoa Inc
*Anglo American plc
*Barrick Gold Corporation
*BHP Billiton
*Companhia Vale do Rio Doce (CVRD)
*Corporacion Nacional del Cobre de Chile (Codelco)
*De Beers Consolidated Mines Ltd
*Glencore International AG
*Imerys
*Inco Limited
*Newmont Mining Corporation
*Pechiney
*Penoles
*Phelps Dodge Corporation
*Rio Tinto
*Votorantim Group
*WMC Limited
*Xstrata PLC

From its origins, Quadrem's specificity has been to be a global player in the industry. The mining industry being much spread around the world, Quadrem supports their procurement and strategic sourcing in remote areas of the world, on all continents.

Quadrem has transformed the practices of purchasing for the Mining Industry. It has also driven the standardization of this business notability by helping develop and support Electronic Commerce Code Management Association's (ECCMA) ECCMA Open Technical Dictionary (eOTD) standard.

Since 2005, Quadrem actively support emerging market economies by providing portable eprocurement technology for local suppliers of mining industries in Africa.

Activities

Quadrem has since then diversified and now works with companies in different sectors such as
*Mining
*Consumer Goods
*Utilities
*Public Sector

Its activities aim at covering the entire Source-to-Procure-to-Pay process for large organizations. Strategic sourcingOffering both SAS (Software as Service) applications and services, the activities of Quadrem focus on the following 3 large segments:
*Spend Intelligence
*Sourcing Tools (Quotes, Auctions and Contract Management)
*Sourcing Strategy

ProcurementFor the procurement activities, Quadrem offers works with different technologies to offers some of the following services:
*Catalogues Management
*Electronic Purchasing
*Electronic Invoicing
*Automated Payment Services

Expert ServicesFinally, other services are offered either as a strategy or on a consultancy approach. Those are:
*Content services (Content Cleansing and Organization)
*Sourcing Strategy (seminars, workshops, consultancy)
*Technology advice for connectivity
*Minority Empowerment

Presence

Quadrem's presence is global. It currently (2007) has offices on all continents, in many different countries.

References

* [http://www.forrester.com/Research/Document/Excerpt/0,7211,42018,00.html Quadrem Is A Good eProcurement Solution For Companies With Ops In Developing Countries] Research by Forrester
* [http://www.tcs.com/NAndI/default1.aspx?Cat_Id=222&DocType=323&docid=1132 E-commerce application] - Tata Consulting Services
* [http://www.austrade.gov.au/eMarket-services/default.aspx eMarket Services] Australia Trade Agency