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Simple ways to achieve material price transparency in procurement - how HERMA counters price volatility

I would like to understand the cost drivers of our articles & suppliers

With transparent cost models, you can protect yourself against inflation and volatile raw material and energy prices

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The procurement operating system for medium-sized industrial companies tacto.ai

Challenge: Volatile cost drivers lead to price increases and non-transparent negotiation basis

From the industry for the industry

A wide variety of articles and volatile cost drivers make it difficult to gain an overview

Volatile raw material and energy prices as well as inflation lead to a fluctuating cost base for suppliers, but there is no transparency.

Data science straight from research

Price increases were passed through - savings were not

Increases in the cost base have been passed through to ensure material supply, but savings are not returned.

Digitize your procurement processes with one single tool

Negotiating basis is poor due to a lack of transparency

The complexity of the article portfolio and procurement markets in general leads to a lack of transparency regarding starting points and cost-saving potentials

Transparent cost models with automatic updates

With Tacto, you can transparently track the cost basis of your articles and suppliers.

Flexible creation of cost models for your portfolio

Cost factors can be stored in a structured manner for each article, so that they are available at any time.

Linking the cost models with your request process

The cost factors can either be entered manually or imported directly from a request

Automatic updates of cost drivers based on indices

Cost factors can be linked to indices (e.g. steel price) so that prices are automatically adjusted

Intelligent notifications for identified cost-saving potential

AI-based alerts help identify cost-saving potential by highlighting price outliers or declining cost factors

The preparation for supplier negotiations has significantly reduced thanks to the cost analysis tool and functionalities of Tacto, providing the opportunity for data-driven price renegotiations.

Tobias Demmer (Procurement Manager, HERMA)

We didn't need a tool that we have to invest 100 hours in, we needed 'plug & play' - and that is 100% given with Tacto.

Dr. Stephanie Burghart, Chief Procurement Officer

What particularly impressed us was the quick and smooth implementation, along with the enthusiastic adoption by our employees from day one. Employees proactively request access to the software and are extremely satisfied with its usability.

Robin A. Lippmann , Head of Procurement and Materials Management - MOBIL ELEKTRONIK

Tacto is the optimal partner for us because Tacto is perfectly tailored to the customer needs of medium-sized businesses. For example, with Tacto we can eliminate manual, non-value-added activities and get an overview of categories, articles and suppliers at the push of a button.

Tobias Demmer, Group Procurement Director - HERMA

"We onboard 4-5 new suppliers per month. With Tacto, we save ourselves 30-60 min of time per supplier."

Zvjezdan Garic, Head of Supply Chain - Belimed Life Sciences

"We just sent Tacto a file and an unedited SAP export. Within 2 weeks we had a solution that fit for us."

Sebastian Vey, Deputy Procurement Manager - HUBTEX

With Tacto, we are significantly advancing the digitalization of our procurement process. Thanks to the user-friendly software accessible to all employees, we are transitioning away from Excel-based processes toward a fully digitalized procurement system. Just a few months after implementation, we have already observed substantial cost-saving potentials.

Matthias Schlotter, Head of Procurement - Schwäbische Werkzeugmaschinen

With Tacto, we have found a partner for the digitalization of our procurement process. We highly appreciate the collaborative approach, fostering exchange, and smooth implementation.

Mario Koch, Head of Procurement - KNOLL Maschinenbau
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