PITTSBURGH (Sept. 6)—FreeMarkets Inc., a well-known provider of software and services enabling online procurement, said Tomkins P.L.C. will use the firm's services to source a variety of goods and services for its global operations. Tomkins is the parent company of the Gates Group of Companies in North America, which includes Gates Rubber Co., Trico Corp. and Schrader-Bridgeport International Inc. The agreement follows a successful pilot program the two firms conducted in November. "Tomkins is aggressively pursuing technology that drives out inefficiencies in our supply chain, increases our overall speed of decision making and execution and reduces our overall procurement costs," Chris Ehrhard, Tomkins' director of e-procurement, said in the release.
Tomkins to use FreeMarkets for procurement
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