JAGGAER Presents Bühler AG With Annual Vision Excellence Award for New Digital Category Management Solution
- Category Management
- Press Release
Munich, Germany: June 27, 2018 – JAGGAER, the world’s largest independent spend management company, proudly announces that Bühler AG has won the JAGGAER 2018 Vision Excellence Award, for a jointDigital Category Management (DCM) solutioninvolving machine learning. Bühler is a global technology and engineering company.
The two companies worked closely to utilize JAGGAER Direct’s Category management software for Bühler’s globally marketed products. “We need to source materials for every project individually,” explains Hansjörg Ill, Head of Global Procurement at Bühler. “This is why we have a wide range of differentiated categories, and we needed a software that could help us manage them more effectively.”
Bühler needed to share a consistent category management strategy across several groups, collect KPIs for each category, and required more transparency in supplier development. Bühler also wanted a “Recommendation Engine” that could independently make suggestions when searching for suppliers based on KPIs. JAGGAER created a new DCM tool based on these requirements, which has allowed Bühler to successfully implement their digital procurement strategy, track their efficiency, and automate their decision-making processes with machine learning algorithms.
The DCM tool is scheduled to become the central module for all processes in digital supplier management and will be rolled out in all of Bühler’s international locations. This will enable Bühler to increase transparency and improve the organization of category management, while also allowing the company to monitor the global implementation of their category strategies. Overall, these benefits will secure Bühler’s competitive market advantage, representing a milestone in the company’s digital transformation.
“We’d like to congratulate Bühler for their innovation, teamwork and forward-thinking in spearheading this lighthouse project. We know that strategic category management is an absolute must to increase efficiency in their procurement activities, and required a new technology solution. This project exemplifies our corporate position of collaborating with our customers to foster market innovation,” says Robert Bonavito, CEO of JAGGAER.
About JAGGAER: Procurement Simplified
JAGGAER is the world’s largest independent spend management company, with over 1,850 customers connected to a network of 3.7 million suppliers in 70 countries, served by offices located in the Americas, Europe, the Middle East, Australia and Asia. JAGGAER offers complete SaaS-based indirect and direct eProcurement solutions with advanced spend analytics, complex sourcing, supplier management, contract lifecycle management, savings tracking, and intelligent workflow capabilities. We have pioneered spend solutions for over two decades and continue to lead the innovation curve by listening to customers and analyzing the market. Our solutions suites are trusted by the world’s largest education, manufacturing, health care, retail, consumer package goods, logistics, construction, utilities companies and public service organizations. Additionally, JAGGAER holds 38 patents–more than any other spend management company.
About Bühler AG
Every day, billions of people use Bühler technologies and solutions to satisfy their basic needs for food, mobility, or communication. Bühler strives for innovations for a better world, with a special focus on healthy, safe, and sustainable solutions. The company contributes significantly to feeding the world’s population, while setting the focus on food security and safety. Bühler solutions and technologies enable efficient and clean mobility. The company holds globally leading market positions in technologies and methods for processing grain into flour and feed, as well as for the production of pasta and chocolate, in die casting, wet grinding and surface coating. The company’s core technologies are in the areas of mechanical and thermal process engineering. In 2017, around 11,000 employees in over 140 countries generated a turnover of CHF 2.7 billion. As a globally active Swiss family-owned company, Bühler is particularly committed to sustainability.