Goodyear Dunlop Signs 10 year Agreement with IBM
Goodyear Dunlop Tires has announced a 10-year Business Transformation Outsourcing programme worth an estimated 50 million Euros in cost savings in two years. The agreement to partner with IBM on a procurement-to-payment program for indirect supplies represents another step in the company’s effort to reduce costs by 1.5 billion US dollars by the end of 2005. Goodyear Dunlop Tires Europe will retain its core purchasing competencies, the activities of between 50 and 80 Goodyear Dunlop employees will be transferred to IBM, on a phased basis.