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Article: Royal Mail Drives Major Cost Savings Through FreeMarkets; UK Postal Service Achieves Significant Return on Investment Using FreeMarkets Global Supply Management Solutions.
- Article from:
- Business Wire
- Article date:
- December 15, 2003
CopyrightCOPYRIGHT 2003 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
PITTSBURGH--(BUSINESS WIRE)--Dec. 15, 2003
FreeMarkets, Inc. (Nasdaq:FMKT), the leading provider of global supply management (GSM) solutions, today announced that it is working with Royal Mail Group plc, the United Kingdom's public mail service company. Under the terms of a recently signed agreement, Royal Mail is using FreeMarkets' GSM solutions, including FreeMarkets(R) FullSource(TM), FreeMarkets(R) QS(TM) and supporting services, to lower its costs and reduce supply risk. The agreement follows the completion of a successful pilot project.
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