GMH Group Digitizes Procurement Processes with JAGGAER

VIENNA, AUSTRIA – October 3, 2017 – JAGGAER, producers of the world’s most comprehensive Source to Pay (S2P) solutions suite, announced today that the GHM Group, a leading European supplier of bar, crude, and bright steel, will be using JAGGAER’s intelligent procurement solution to digitize and increase the efficiency of their procurement processes.

“We selected JAGGAER’s procurement solution to improve communication with our suppliers. We also plan to increase efficiency by enabling RFQs and purchase orders to be processed centrally through the convenient online portal, ”said Ralf Tepe, Purchasing Manager, Georgsmarienhütte Holding GmbH.

“We are committed to developing long-term relationships with our customers, and are looking forward to collaborating with the GMH Group and supporting their success,” said Thomas Dieringer, Managing Director, EMEA, JAGGAER.

About GMH Group

The familiar red logo of the GMH Group is representative of 22 independent, medium-size companies. They are located in Germany, Austria, Australia, and the USA. Their expert knowledge, innovative skills and customer focus make them perfect partners for projects in the fields of mobility (automotive, shipbuilding), energy and mechanical engineering. As diverse as our companies may be, they all have the same goal in common: to continually seek new fields of application for iron and steel materials and to harness them for the benefit of our customers. The focus in doing so is at all times on flexibility, speed, and quality.

The GMH Group is one of the market leaders in the field of stainless steel, as a manufacturer of variable interlocking steering technology as well as cap rings for the turbine industry. Increasingly, energy efficiency, and cost-effectiveness are becoming more important in mechanical engineering and the automotive industry. In lightweight construction optimized steels from the GMH Group make a significant contribution here – for example significant weight savings that reduce CO2 emissions. The GMH Group generated sales of EUR 2.1 billion in 2016 and currently employs about 7,000 people.

About JAGGAER: Global Indirect and Direct Spend Management Solutions

JAGGAER offers the only comprehensive and complete spend solution suites enabling commerce between any businesses, anywhere. We pioneered spend solutions over two decades ago and have continued to lead the innovation curve by listening to customers and analyzing the market. Our solutions suites are trusted by the world’s largest higher education, manufacturing, pharmaceutical, life sciences, automotive, engineering, construction equipment, serial production and medical technology companies. Our indirect and direct spend solutions suites collectively form a global network processing billions of dollars in annual spend between 1,000+ customers and 2.5 million suppliers. JAGGAER’s SaaS based, Source to Pay (S2P) solutions enable an efficient relationship between buyers and suppliers, covering the entire spectrum of needs, from spend analysis to sourcing, through contract and supplier relationship management. Additionally, JAGGAER holds 38 patents, more than any other spend management company, and acquired POOL4TOOL, a direct solutions company, in 2017.

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