Since the merger of Synerdeal and Trade2B into Synertrade(? – question mark, yes, because when you look at the Management team…it looks more like an acquisition from the Germans) , the less one can say is that Synertrade stayed very quiet and low profile, which is not a positive sign indeed: no press release since their announcement in May 2006 of their ‘new tools’: ST6 contract managemenent and ST6 Synertools eAuctions. if you want to raise doubts, this is an excellent method!
This is pretty wierd indeed, for a company looking to expand its German-French market accross Europe (at least). Synertrade – if you don’t mind I am assuming that their website is still up-to-date – has even 2 communication managers (one for Germany and the other one for France)… So, anyone anyclue?
Hello,
As General Manager of FRance and Member of the extended board, I can explain the silence.
We just having a great 56% growth in 2006 and 2007 is going on the same way.
So customers bring customers and our ST6 is so great success.
We will restart to communicate soon. But few words.
Patrick
Nice to hear from you Patrick such a good news! This growth figure brings you at the exact level of Procuri; you are even over-performing BravoSolution. Fan-tas-tic, especially with no marketing!
I – as, no doubt, the readers of this blog – would appreciate to know more:
* which level of revenue are you reaching,
* how is structured the international team (power of decision, design, hosting etc…)?
* What are your next ambitions…
Hope to hear back from you soon, and thanks again for the info.
Jean-Philippe
Patrick,
I just read on the french “lettre des achats” a revenue 2006 of 7M€ for Synertrade which means a decrease of 30% compared to 2005. Rational: ST6, which encompass all the sourcing process from prequal to negotiation, didn’t fit right all customers. The article even says that Synertrade is re-launching Synertool (Synerdeal’s former solution) and focusing on being a software vendor, leaving consulting to parties like InterSources or Unilog Management.
Could you explain?
Jean-Philippe
Hello Jean-Philippe,
Unfortunately our dear french journalist did not understand our exact position. Nightmare for us !
1) We launched ST6 in July 2006. First sale in September. 15 sales from September to now.
Jonhson Control, PSA…
2) ST6 is a new software generation that allow partners to make parametrization. Less developpement and more parametrization.
3) ST6 is really such a tool and limits in analysis, grids, auction…are overtaken.
4) in term of numbers Turnover deacreasing AND result increasing.
Why ? because more Software sales, less services (because of partners)
5) we increase our net revenu by 56% and increase R&D by 30%
6) We are ready to partnership with consulting company.
Best regards, Patrick
Jean-Philippe,
Je reste ouvert à une collaboration.
Patrick
+33 1 56 98 24 87
After Over 6 Years of Online Negotiations Management, PSA Peugeot Citroën Chooses SynerTrade’s ST6 eAuctions to Replace its Historical Supplier
PARIS, July 24 /PRNewswire/ — SynerTrade, specialized in consulting and purchasing solutions, supplies PSA Peugeot Citroën with its solution eAuctions to support the group in its online negotiation practice.
PSA Peugeot Citroën, after several years using eAuction software, has passed from the simple bidding to a true online negotiation approach and today continues to make this practice evolve.
A dedicated team, strict business ethics, and a constant reconsideration of their practices have enabled PSA Peugeot Citroën to use eAuction software as a negotiation tool.
During its marketing reconsideration, PSA Peugeot Citroën has set out to find a supplier sharing the same view as theirs. Indeed, beyond a mechanical part of the process, online negotiation software must be suited to trade professional’s creativity: there are no negotiations similar to another, and the software editor has constantly to think about new parameters and functionalities.
More particularly, SynerTrade was chosen to support PSA Peugeot Citroën eAuction Transverse Team in the realization of over a thousand of annual events because of its creativity, its professionalism, and the functionalities of its tool.
SynerTrade eAuction Practice, proceeding for over 7 years now, constantly improves its processes and methods and have been able to prove it all along the consultation, being attentive to the needs expressed by PSA Peugeot Citroën.
Today, PSA Peugeot Citroën and SynerTrade partnership embarks on a win-win approach.
About PSA Peugeot Citroën – http://www.psa-peugeot-citroen.com
PSA Peugeot Citroën sold 3.36 million vehicles worldwide in 2006 for market share of 5.2%. Europe’s number-two automotive manufacturer, PSA Peugeot Citroën continues to grow outside Europe, especially in Latin America and China, with 1,069,000 units, which represents 32% of its total worldwide sales.
About SynerTrade – http://www.synertrade.com
SynerTrade is a European company specialized in consulting and purchasing software solutions. SynerTrade supports its customers’ buying department in the improvement of their performance by providing them software solutions designed for them alone. SynerTrade consulting teams support the deployment of purchasing solutions and realize strategic sourcing missions on behalf of them (from analysing the portfolio to contractualizing).
Press Release
Sébastien Dumas – Tel: +33-(0)1-56-98-29-47
sebastien.dumas@synertrade.com