Wexford, PA (PRWEB) October 15, 2013
Directworks, a leading provider of direct materials sourcing software, today announced the extension of their five-year partnership with TRW for an additional three years.
“Our ongoing commitment to this partnership with TRW is driven by our shared vision and mutual commitment to managing product costs and improving profitability,” said Greg Anderson, President of Directworks, “We are excited to continue this relationship and support TRW in their strategic sourcing and direct materials management initiatives.”
TRW uses Directworks’ cloud-based software solutions to streamline direct materials management, including the automation of RFQ activities and other key business processes across their worldwide manufacturing operations.
With 2012 sales of $16.4 billion, TRW Automotive ranks among the world's leading automotive suppliers. Headquartered in Livonia, Michigan, USA, the Company, through its subsidiaries, operates in 25 countries and employs approximately 65,000 people worldwide. TRW Automotive products include integrated vehicle control and driver assist systems, braking systems, steering systems, suspension systems, occupant safety systems (seat belts and airbags), electronics, engine components, fastening systems and aftermarket replacement parts and services. All references to "TRW Automotive", "TRW" or the "Company" in this press release refer to TRW Automotive Holdings Corp. and its subsidiaries, unless otherwise indicated. TRW Automotive news is available on the internet at http://www.trwauto.com.
Directworks helps manufacturers save time and money by simplifying the way they source and manage direct materials. Manufacturers strive to select the right suppliers for the direct materials they use to build their products. Directworks provides cloud-based sourcing software built for manufacturers to engage suppliers, create cost transparency, securely collaborate on product design, efficiently analyze quotes, and assess the critical factors required to make the best cost-for-value sourcing decisions.