Allocation Network: Expanding on the Periphery of Sourcing Tools (Background) [PRO]

Spend Matters recently caught up with the founder and CEO of Allocation Network, a München, Germany headquartered sourcing provider with capability that extends outside of just the eRFx range. Founded in 1998 – only 3 years after FreeMarkets opened its doors – Allocation Network’s first product was a solution focused on the inventory (asset) disposition market. But gradually, this product grew into something more like “FMKT Deutschland” – although Allocation Network was developing its business model independently; unaware of what FMKT was up to at the time!

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