Founded with Direct Procurement’s needs in mind.
The History of Allocation
Founded in Munich, Germany to help manufacturers with their complex direct procurement sourcing projects.
Upon receiving many industry awards for projects within tier-1 manufacturers, Allocation secures first Automotive OEM as a client.
Allocation introduces Collaboration to complete the Part Lifecycle needs of our customers.
Allocation is recognized as the “Value Leader” for Sourcing Solutions and Supplier Relationship Management; Allocation leads the Automotive industry with 4 Automotive OEMs and 24 Tier-1 suppliers; and, Allocation serves a variety of other industries, such as: diversified manufacturing, food & beverage, finance, pharmaceutical, utilities, government, and more.
Allocation Network GmbH was founded in Munich, Germany in 1998 by Bernhard Soltmann, Andreas Vollmann and Andreas Prohaska – each with a passion to apply their knowledge of procurement, manufacturing, and technology to offer a solution better suited for direct procurement.
In 1998, Allocation unveiled their first eRFx product, specifically designed to handle the extreme complexity of part/material events. In 2000, Allocation unveiled their e-Auction solution to further assist in creating negotiated savings. As Allocation’s success throughout Europe grew, so did the request to “complete the picture”. As such, Allocation continued to develop wider and deeper across the part lifecycle for supply chain, adding full supplier management and collaboration capabilities, while increasing part/material management functionality.
Today, Allocation is widely considered the “go to” solution within strategic purchasing and quality management – and we are proud to serve many of the most respected organizations in the world, such as: BMW, Siemens, MAGNA, and many more.