Rising material costs and volatile raw material prices are putting a strain on purchasing in medium-sized industrial companies. But how can companies optimize their costs without sacrificing efficiency or quality?
HYMER Leichtmetallbau has adapted a data-based purchasing strategy that combines automated price analyses with intelligent savings tips. With the help of the Tacto software, the company has already been able to save over €260,000 - and the potential is far from exhausted.
Rising material prices, fluctuating commodity markets and increasing uncertainty in the supply chain pose growing challenges for industrial SMEs. HYMER Leichtmetallbau, a leading supplier of access and vehicle technology, is meeting these challenges with an innovative, data-based purchasing strategy.
In the webinar, Alexander Frei (Head of Purchasing at HYMER) and Julius Reinboth (Customer Development at Tacto) show how HYMER has realized cost savings of over €260,000 through automated price analyses and intelligent tips.
The increasing complexity in purchasing with hundreds of suppliers and articles requires a central database in order to be able to make well-founded decisions. HYMER recognized early on that the key to sustainable savings lies in holistic transparency across the entire purchasing portfolio.
"Without systematic analysis, cost drivers often remain undetected and potential savings are not exploited." - Julius Reinboth, Customer Development at Tacto
With the supplier relationship management software (SRM) from Tacto, HYMER implemented a solution that continuously analyzes purchasing data and provides buyers with valuable recommendations for action.
A central element of HYMER's data-based purchasing approach is the use of automated price analyses. The Tacto software provides support here:
This systematic approach has already enabled HYMER to realize savings of over € 260,000 and the company aims to further increase this amount in the coming years.
"The visualizations from the Tacto system have significantly strengthened our negotiating position. If we can show a supplier that their price increase is significantly higher than the market average, this usually leads to constructive discussions and better conditions." - Alexander Frei, Purchasing Manager at HYMER
The introduction of digital price analyses has helped HYMER to align its purchasing more strategically and efficiently. Thanks to Tacto's intelligent analysis functions, cost trends can be identified at an early stage and actively managed. At the same time, the central database improves cross-departmental collaboration and facilitates reporting to management.
With its data-driven approach, HYMER ensures that price negotiations are based on sound knowledge and not solely on past experience or individual supplier offers. This not only strengthens the purchasing department's negotiating position, but also enables a more resilient and cost-efficient supplier strategy in the long term.
By combining intelligent price monitoring, proactive savings tips and data-based decision-making, HYMER has reached a new level of purchasing optimization. The Tacto software provides automated analyses that increase transparency, facilitate negotiations and sustainably reduce costs.
The trend towards data-driven purchasing processes will continue to grow. HYMER plans to continue using the AI-based functions of the Tacto platform in the future. With advanced AI algorithms, price developments can be predicted even more precisely and potential savings can be identified earlier - a decisive competitive advantage in economically challenging times.