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Webinar recording: Simple ways to achieve material price transparency in medium-sized procurement - how Herma counters price volatility

published on
30.11.2023

More than 64% of buyers in medium-sized industrial companies have to contend with non-transparent price developments and cost drivers. Particularly volatile energy and raw materials markets as well as high inflation make costing, negotiations and budget planning difficult.

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Learn how you can create material price transparency in procurement with the help of digital tools in our webinar "Simple ways to material price transparency in medium-sized procurement" from Tobias Demmer, Group Procurement Director at HERMA, Maximilian Neuber, Strategic Buyer at HERMA, and Johannes Groll, Managing Director at Tacto. In the webinar, Mr. Demmer, Mr. Neuber and Mr. Groll specifically address the needs of medium-sized companies and use a practical case study to explain how a digital solution for material price transparency was found through a co-innovation between Herma and Tacto.

The speakers will address the following topics, among others:

✅ Current challenges for buyers on the commodity market

✅ Strategies to fend off price increases & save costs

✅ Added value of the Tacto digital solution to create material price transparency

Tobias Demmer and Maximillian Neuber have more than 20 years of combined experience in industrial procurement, which they bring to HERMA, one of Europe's leading manufacturers of labels and labeling machines with more than 1100 employees and approximately €400 million in sales.

If you are unable to attend the webinar but would like to obtain more information on the topic, please download here our results of the industry survey on raw material price developments in industrial medium-sized companies.

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