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LA CROSSE, Wis. -- Kwik Trip Inc. extended its agreement with Category One for its eRFX reverse auction platform to support the next two years of sourcing.
"Over the last two years, Category One has delivered their technology flawlessly with virtually no down time and great Web site performance," said Bob Thorud, vice president at Kwik Trip, in a released statement. "More importantly, we continue to see cost reductions in the items we run through the Category One Sourcing process. Category One provides us with supplier contacts, ideas and strategies that drive results year in and year out. We were comfortable extending our relationship through 2010."
The announcement comes after two successful years of applying the Category One process in a range of commodities—including foodservice ingredients, packaging and store supplies—utilizing Category One's broad supplier database, reverse auction Web site, and category sourcing strategies to achieve double-digit savings on many items, according to the company.