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    Press Release

    JAGGAER Sourcing at Suntech, Powering a Green Future

    Sourcing

    World’s leading manufacturer of solar panels is “powering a green future”, using a localized version of JAGGAER ONE for sustainable procurement.

     

    Shanghai, August 4, 2021: JAGGAER is working with Suntech Power, one of the world’s leading manufacturers of solar panels, to make sustainable energy more cost-effective and greener than ever. JAGGAER users in Suntech’s purchasing department currently buy from more than 2,000 suppliers, with 1,800 tenders issued to date and 600 negotiations taking place annually. The JAGGAER ONE platform has been highly localized for the Chinese market.

    Suntech’s mission is “powering a green future” through the research and development and production of crystalline silicon solar cells. Founded in 2001 and based in Wuxi in Jiangsu province, China, the company is the world’s leading manufacturer of photovoltaic (PV) modules, more popularly known as solar panels. Indeed, the company’s headquarters features the world’s largest building integrated solar façade.

    “We are devoted to improving conversion efficiency of our products, continuously enhancing new technologies, and improving our manufacturing techniques. We’re one of the world’s most powerful forces driving the grid parity of photovoltaic power generation,” said Mr. Wu, Chief Procurement Officer, Suntech.

    Simplifying Complex Sourcing

    An important element in Suntech’s success is the sourcing of reliable, high-performance materials and components. Today, digital production allows Suntech to trace all incoming materials from suppliers during the production process from the beginning to final product. This is vital to the rigorous quality control along the entire manufacturing process at Suntech.

    The company had faced a number of challenges as new competitors entered the market for solar panels, imposing the need for greater efficiencies in procurement. At the time, Suntech had no formal process for sourcing and supplier management and no understanding of the supplier base.

    Suntech looked for a solution partner to guide it through its digital transformation of procurement, and selected JAGGAER. “JAGGAER entered the Chinese market very early compared with other spend management vendors,” Mr. Wu said. “Its team has grown and matured to provide good local support.”

    “JAGGAER is committed to continuous development to meet local market requirements,” Mr. Wu said. “JAGGAER analyzed the current processes and designed and developed a roadmap for taking us from the ‘as-is’ to the ‘should-be’ situation, and helped us through the change management process,” he added.

    First Year Savings (approx. USD) $1.6M

    The results so far are playing a role in Suntech’s success story. “Already in the first full year we saw savings of RMB 10M [approx. US$ 1.6M] by sourcing with JAGGAER,” Mr. Wu says. Since then, Suntech has enlarged the scope of sourcing via JAGGAER to a wide range of direct and indirect categories, such as aluminum frames, copper belts, graphite, sea freight and services.

    Purchasing and senior managers also have much better visibility into projects and sourcing activities, as everything is tracked within the system. Today, purchasing plays a significant role in Suntech’s intelligent manufacturing value chain: getting quality materials and components into the warehouse just in time and interacting with Suntech’s in-house manufacturing execution system.

    “JAGGAER has helped make Suntech the benchmark and reference for purchasing within the solar power industry, and is therefore contributing to a sustainable future,” Mr. Wu concluded.

     

    Click here to read full Suntech Customer Success Story.

     


     

    About Suntech Power

     

    Cumulative historical shipments of Suntech PV modules exceed 25 GW. It serves three main market segments: utilities, commercial & industrial, and residential customers, for whom Suntech “turns the gift of the sun into green energy for the world”. Suntech is represented in more than 100 countries around the world and in 2019 drove operating revenues of US$ 11.15 billion, a year-on-year growth of 4 percent.

    Suntech is driven by innovation and quality, the owner of more than 500 authorized patents.

    www.suntech-power.com

     

    About JAGGAER: Procurement Simplified

    We drive customer value for buyers and sellers through our global connected network served by offices located in the Americas, APAC, Asia and EMEA. JAGGAER develops and provides comprehensive source-to-settle SaaS-based solutions, including advanced Spend Analytics, Category Management, Supplier Management, Sourcing, Contracts, eProcurement, Invoicing, Supply Chain Management and Inventory Management. These all reside on a single platform, JAGGAER ONE. JAGGAER has pioneered spend management solutions for more than 25 years and continues to lead the innovation curve by listening to customers and stakeholders in all industry sectors, public services and academia.

    jaggaer.com

     

    Contact

    Craig Avery

    cavery@jaggaer.com

    JAGGAER APAC
    Suite 807, 109 Pitt Street
    Sydney, NSW, Australia, 2000
    Phone: +61 (0) 2 8072 0644

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