Case Study: Vacuumschmelze streamlines procurement with Onventis TradeCore

Vacuumschmelze - Customer Case Study

Vacuumschmelze, a global leader in magnetic materials, sought to modernize its purchasing processes by replacing its outdated procurement software. The company chose Onventis and its e-procurement platform, TradeCore, to implement an integrated supplier relationship management (SRM) system and digitally transform its source-to-settle process.

Onventis provided a modular and scalable solution that streamlined Vacuumschmelze's procurement. The implementation of Sourcing, auctions, and order management modules, with standard integration to SAP, resulted in automated processes and a seamless digital data flow. This significantly reduced the time between inquiry and delivery and lowered costs, providing greater transparency and efficiency in both operational and strategic purchasing.

Vacuumschmelze

Stefan Schilling

Business Administration Purchasing