From mid-cap industrials for mid-cap industrials
Tacto is the leading procurement operations system for mid-cap industrials. For this, we were also awarded the BME Procurement Excellence Award (SME) by the German Association of Materials Management, Procurement and Logistics (BME).
Leading medium-sized companies trust us:
Cost optimization in purchasing through the automated connection of price indices
Challenge
Two and a half years ago, Weinmann had no digital purchasing solutions and only used traditional tools such as an ERP system, Word and Excel. Jan Herburg recognized the need for digitalization to cope with unstable supply chains and unpredictable bottlenecks, especially due to events such as the Suez Canal blockade and the COVID-19 pandemic.
Successes
- Comparison of paid prices with modeled target prices at the touch of a button
- Cost savings through the identification of negotiating leeway
- Identification of price outliers at the touch of a button
"With Tacto, I can compare prices paid with the modeled target prices at the touch of a button and call up this data immediately for every negotiation. Tacto offers an outstanding opportunity to reverse price increases from the past. And that is now one of the main tasks of purchasing: to reverse price increases!"
Direct increase in efficiency in terms of time and costs through data and spend transparency
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Challenge
In the procurement department at SED Flow Control, one of the biggest challenges was the lack of transparency regarding supplier data and the procurement volume. There was no option to evaluate suppliers in the ERP system, nor was there a supplier information tool or cockpit through which data about suppliers could be obtained.
Successes
- Holistic data transparency about suppliers and their procurement volumes and price developments
- 80% time savings in preparation for supplier negotiations and 50% time savings in internal discussions on supplier developments
- Direct cost savings by leveraging price potentials, which are identified at the push of a button by Tacto
"With Tacto, around 20% of the time previously spent preparing for supplier meetings is no longer needed. Sales and price developments can be viewed at the touch of a button. Tacto also displays the general supplier performance and development at the touch of a button and thus immediately identifies risks that can be addressed directly in discussions with the supplier."
Efficient centralization of purchasing across three locations
Challenge
Due to the decentralized organization at WEGU, considerable challenges arose in purchasing, including duplicate work processes and inefficient data management. The use of Excel for supplier evaluations and manual processing led to incorrect results and increased time expenditure. By implementing a central purchasing system, WEGU was able to overcome these problems. Automated processes and a standardized database reduced manual effort and significantly improved efficiency, allowing strategic projects to be driven forward.
Successes
- Centralization of essential purchasing processes across all locations (TISAX, NDAs, LSAs, etc.)
- Massive time savings in operational purchasing
- Fast response and adaptability to upcoming challenges in purchasing and therefore better planning in purchasing
"Our aim is to return to a central purchasing organization with central processes (e.g. TISAX) and at the same time to establish a uniform product group management system. This comprehensive project can only be realized through the use of Tacto. Tacto is essential for us to successfully implement our transformation process towards centralized purchasing."
Evaluate suppliers, develop them strategically and manage them in line with corporate goals
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Challenge
The overriding challenge at Hesse Lignal was to transform purchasing, establish it as a strategic value driver for the company and develop it in line with the company's objectives.
Successes
- 80% time savings thanks to the digitalization of supplier queries and certificate management as well as the reminder function
- 60% time savings in the supplier evaluation process
- Strategic alignment of purchasing through massive time savings in operational activities
"With the support of Tacto, we can devote ourselves to the really important and strategic questions in purchasing, namely 'How do we manage the product groups and suppliers based on our strategic goals?"
More than 80% time savings in supplier evaluation thanks to process automation
Challenge
The strong growth of Oculus brought with it considerable challenges in purchasing. Manual procurement processes and decentralized data management led to inefficient work and a lack of transparency. Sven Weber was looking for a tool that would make the data situation visible and transparent and at the same time automate supplier management. With the introduction of a modern purchasing operating system, Oculus was able to streamline processes, drive forward strategic projects and efficiently ensure security across all parts.
Successes
- With Tacto's "one face to the supplier" approach, Oculus was able to centralize and optimize the entire supplier management process
- Tacto enabled Oculus to retrieve and evaluate all supplier data and queries such as SSAs and LLEs transparently and automatically at the touch of a button
- By continuously and automatically evaluating suppliers with Tacto, Oculus was able to increase efficiency by more than 80% and achieve significant cost savings
"By implementing the supplier management system, we not only have transparency about which suppliers we order which parts from and in what quantities, but we also have information about the capabilities and certificates of these suppliers - all in a single tool."
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