Case Study: The Beumer Group achieves more accurate commodity price forecasting with Mintec

Mintec helps the Beumer Group an international leader in manufacturing intralogistics systems for conveying, loading, palletising, packaging, sortation, and distribution

Beumer Group, an international leader in intralogistics systems with 4,500 employees and annual sales of about €950 million, needed better forecasting tools to move beyond speculation on future commodity prices. The company turned to Mintec and its price forecasting and market intelligence solution to support its global strategic procurement team with more accurate insight for pricing strategy and supplier negotiations.

Mintec provided Beumer Group with data, forecasts, and analysis that improved purchasing and pricing decisions across the business. With Mintec’s support, Beumer was able to prepare stronger supplier negotiations, deliver cost savings, proactively adjust prices to cover rising material costs, and respond quickly when input costs fell—helping improve competitiveness and deliver efficiency gains.

The Beumer Group

Anders Søndergaard

Head of Global Strategic Procurement