Portum provides companies and marketplaces with web-based software to simplify and support strategic sourcing and purchasing processes. The tools, which offer online negotiations, online request for quotations and supplier management, facilitate collaboration, communication and information management between buyers and suppliers.
A broad service portfolio ensures rapid implementation and use of these tools. Portum solutions significantly enhance the performance of supply chain professionals by improving processes, reducing product costs and facilitating objective decision-making.
Portum AG was founded in 1999. Investors include Siemens Venture Capital, Techinvest associated company and Fiador. The company’s head office is located in Frankfurt am Main, and there are branches in London, Paris, San Francisco and in Madrid.
Since the first transaction in February 2000 more than 8.1 billion euros worth of business have been have been carried out on the platform with savings averaging 16 percent. Portum’s customers include Siemens, Deutsche Telekom, Tchibo, TOTAL, EADS and marketplaces such as Trade-Ranger, Rubbernetwork and click2procure.
A broad service portfolio ensures rapid implementation and use of these tools. Portum solutions significantly enhance the performance of supply chain professionals by improving processes, reducing product costs and facilitating objective decision-making.
Portum AG was founded in 1999. Investors include Siemens Venture Capital, Techinvest associated company and Fiador. The company’s head office is located in Frankfurt am Main, and there are branches in London, Paris, San Francisco and in Madrid.
Since the first transaction in February 2000 more than 8.1 billion euros worth of business have been have been carried out on the platform with savings averaging 16 percent. Portum’s customers include Siemens, Deutsche Telekom, Tchibo, TOTAL, EADS and marketplaces such as Trade-Ranger, Rubbernetwork and click2procure.
Facts and figures

Founding date: June 1999

Employees: 50

Headquarters: Frankfurt am Main

Board:

Traded volume: 8,1 bn €

Users: > 50.000

Completed projects: > 6.000




