Webinar
Webinar Recording: Revolution of the Procurement Department with DOYMA: Transformation of Procurement in Mid-Market - Part 2
We increasingly observe rising regulatory requirements, more complex supply chains, and personnel shortages in mid-market procurement departments. These challenges leave no time for strategic development of procurement. However, a transformation and strategic repositioning can unlock untapped potential and establish the procurement organization as a critical value driver for the company.
In our live webinar "Revolution of the Procurement Department with DOYMA: Transformation of Procurement in Mid-Market - Part 2" with Pascal Linde, Head of Procurement & Disposition, and Karoline Rückerl, Product Expert at Tacto, we show you with practical examples how to revolutionize your procurement department and reposition it strategically within your organization.
Procurement plays a central role at DOYMA, as up to 70% of total costs arise from procurement of goods and services. Efficient procurement processes increase competitiveness, ensure product quality and sustainability, and foster innovation.
In the first part of the webinar series, the initial transformation process was presented. The focus was on converting procurement from a purely operational function to a strategic potential department. Through Tacto implementation, DOYMA was able to structure its procurement processes more efficiently and contribute to cost reduction and improved supplier satisfaction.
Through collaboration with Tacto and further development of strategic procurement, concrete goals were defined and costs were saved. These include:
- Increasing inquiry intensity
- Reducing procurement volume by 2.5%
- Building alternative suppliers
- Centralizing procurement for the entire holding
- Reducing inventory by 12%
- Digital and centralized management of supplier documentation
DOYMA successfully implemented these goals through targeted collaboration with Tacto:
- Digitalization of LkSG requirements
- Automation of supplier management
- Automation of document and certificate management
- Automation of price inquiries
- Analysis of price outliers for inventory optimization
Outlook
Tacto acts as a complementary SRM system for managing strategic processes in procurement and across the supply chain. Through the partnership with Tacto and the automation and digitalization of processes, DOYMA was able to revolutionize its procurement department and realize significant efficiency gains and cost savings.
In our live webinar "Revolution of the Procurement Department with DOYMA: Transformation of Procurement in Mid-Market - Part 2" with Pascal Linde, Head of Procurement & Disposition, and Karoline Rückerl, Product Expert at Tacto, we show you with practical examples how to revolutionize your procurement department and reposition it strategically within your organization.
