I would like to identify and minimize risks at an early stage.
Data-driven risk analyses help prevent negative consequences for procurement proactively and ensure material supply
Challenge: Supply chain risks are complex to identify and difficult to mitigate.
Transparency in the supplier base is lacking
Data from suppliers is stored in an unstructured way (e.g. self-disclosures) and external sources of information are hardly used (e.g. financial information)
Evaluations are difficult to perform
Risk analyses are usually conducted in Excel, making them time-consuming and with limited significance
Measures are not tracked
Derived measures are not adequately documented, and the follow-up is insufficient, resulting in the persistence of risks
Managing risks successfully.
With Tacto, risk analyses can be automated and mitigated through structured measures.
360° analysis of suppliers and articles based on all data sources
Suppliers, articles and categories are systematically analyzed and potential risks are presented transparently
Digital supplier evaluation with hard and soft facts
All hard facts (e.g. country risk) and soft facts (e.g. reliability) are combined in a supplier evaluation to form a risk profile
Structured collection and documentation of measures
Digital derivation of internal and external preventive and corrective actions, as well as transparent implementation control within the tool
Intelligent alerts in the event of potential risks
AI-based alerts help identify risks in the supply chain and enable early response
As a company in the chemical industry, SONAX places particularly high demands on its suppliers, which must be met for compliance reasons. With the help of Tacto, we are able to mitigate risks and create transparency.
Dr. Stephanie Burghart (Chief Procurement Officer, SONAX)
We have already activated 150 existing suppliers via the onboarding process in Tacto and will achieve cost savings of €157,000 in 2024 via the price outlier tool.
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.
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.
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With Tacto, we've succeeded in automating complex and manual processes such as supplier requests, freeing up time for value-adding and strategic work in procurement!
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.
"We onboard 4-5 new suppliers per month. With Tacto, we save ourselves 30-60 min of time per supplier."
"We just sent Tacto a file and an unedited SAP export. Within 2 weeks we had a solution that fit for us."
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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.
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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.
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Learn how SONAX manages risks in the supply chain.
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