JAGGAER, the world’s largest independent spend management company, today announces a partnership with Weidmüller Group, a German electrical connectivity and electronics technology company, for a complete digital transformation of Weidmüller’s procurement processes, beginning with supplier management.
Weidmüller selected JAGGAER to extend the digitalization of strategic and operational procurement, replace legacy systems and enhance process automation. The Weidmüller project team sought a procurement technology partner with industry expertise, a clear understanding of purchasing processes, and an extensive product portfolio that offers even more opportunities for purchasing process automation in the future. By requirement, the selected solution would have to map all essential processes and data on one platform.
“Our goal is to make the company’s procurement competitive today and for the future. The opportunities offered by digitalization are an important element in this. With the JAGGAER solution, we are implementing a central platform for all systems and data sources for strategic purchasing as well as for operational order processing,” explains Claas Radtke, Executive Vice President Global Procurement at Weidmüller.
The JAGGAER ONE spend management platform provides Weidmüller with an innovative solution that can grow with the company, providing enhanced transparency to the entire purchasing process. In the future, 70% of orders will be mapped in a highly automated procure-to-pay process.
“With the JAGGAER solution, we are counting on a supplier portal that is as simple, flexible and transparent as our CRM," says Stephan Brakmann, Head of Procurement Excellence at Weidmüller.
“JAGGAER is delighted to be working with an innovative customer like Weidmüller, that understands the power of a digital transformation initiative. The company’s many years of vertical sector expertise and our flexible solution platform provide a perfect starting point for long-term cooperation and a close partnership with this premier technology company,” says Robert Bonavito, CEO, JAGGAER.
The first implementation phase of JAGGAER’s supplier management solution has already been initiated, and the JAGGAER SCM solution is in preparation. In the future, day-to-day operational processes will be automated. Strategic purchasing and operational supply chain management will have more resources at their disposal to concentrate on core tasks and will be able to focus on further digitalization and innovation development.
