Blog

Why a CRM system is out of place in purchasing

In many companies, the customer relationship management (CRM) system forms the basis for most sales, marketing and customer activities. Overwhelmed, some misuse their CRM system in the hope that they can use similar functions to sales for purchasing management. However, using a CRM system as a replacement for an SRM is not a pragmatic solution, but a dangerous dead end that massively jeopardizes the success of purchasing.

Mastering the REACH Regulation in the long term: How an SRM system supports the implementation of the REACH Regulation and upcoming tightening measures

The increasing regulations surrounding PFAS and REACH could pose major challenges for many companies. For industrial SMEs, however, procurement offers the opportunity to gain an advantage through proactive action and strategic foresight. Those who check their supply chains for PFAS today, identify alternative materials and minimize compliance risks at an early stage not only strengthen their resilience, but also secure their long-term competitiveness. An effective SRM system can help here.

From operational to strategic purchasing in 5 steps - a guide for small and medium-sized companies

Strategic purchasing is often underestimated in medium-sized industrial companies. Low sales power and a lack of personnel in the purchasing departments of small and medium-sized companies often lead to the assumption that you have to adapt to your suppliers and global commodity prices. However, small and medium-sized companies in particular can benefit greatly from a strategic orientation of their purchasing and secure a competitive advantage.

The sourcing guide for medium-sized purchasing companies

In industrial SMEs, purchasing is more than just a cost center - it is a strategic lever for securing competitiveness. In view of volatile raw materials markets, complex supply chains and increasing compliance requirements, a well thought-out sourcing approach is crucial to optimizing costs and ensuring security of supply.

Recommendations for action for SMEs in purchasing in times of crisis

Find out how SMEs can reduce their costs, stabilize the supply chain and secure competitive advantages in times of crisis through strategic purchasing and the use of an SRM system.

ERP as a foundation - SRM as an extension: why both are indispensable

In medium-sized industrial companies, the ERP (Enterprise Resource Planning) system is often the backbone of all central business processes. It forms the basis for managing resources, finances, production and logistics. Nevertheless, companies are increasingly coming up against the limits of a classic ERP system, particularly in the areas of purchasing and supplier management. This is because while an ERP efficiently controls operational processes, the strategic component of supplier management often falls by the wayside. Data is often intransparent or inadequately prepared, which limits flexibility and agility in purchasing.

Reverse price increases from recent years

The shift to a buyer's market offers companies the opportunity to question past price increases and optimize costs. By building price transparency and using data-driven negotiation strategies, supported by tools such as Tacto, companies can take advantage of this opportunity while preparing for future market changes.

A template for the ESG score calculation

An efficient calculation of suppliers' ESG (Environmental, Social, Governance) scores is crucial to assess their sustainability performance and reliability and to ensure that they meet the company's requirements and expectations. Especially in the wake of growing regulatory requirements and rising sustainability and compliance standards, it is becoming increasingly important for companies to maintain a comprehensive overview of the ESG assessment of their suppliers, as this increasingly serves as a decisive basis for the selection and evaluation of suppliers.