DALLAS and AMSTERDAM – The number of purchase orders flowing through QUADREM’s global transaction hub reached an all-time high of 180,000 orders worth US$1.1 billion in the month of March. Throughput value is more than 100% higher than in March 2005 when 117,000 orders worth US$489 million were transacted.
“We’re supporting transactions worth more than $1 million every houra point that really underscores the value our supply chain solutions deliver,” said Charles Jackson, Quadrem CEO. “And I’m very pleased to point out that Quadrem’s growth continues to be equally distributed across our global regions, and stems from new customer additions as well as Quadrem’s expanded value delivery to current customers.”
Quadrem (www.Quadrem.com) provides supply chain solutions that connect buyers and suppliers, reducing costs for both sides. Established in 2000, Quadrem has locations in Australia, Brazil, Canada, Chile, France, Korea, Mexico, The Netherlands, Peru, Singapore, South Africa, the United Arab Emirates and the United States.
The company recently reported two consecutive years of revenue growth exceeding 60%. Order throughput value for all of 2005 was US$7.2 billion.