Case Study: Oculus achieves over 80% time savings in supplier evaluation with tacto

More than 80% time savings in supplier evaluation thanks to process automation

Oculus Optical Instruments GmbH, a medical technology company, faced significant procurement challenges due to its rapid growth. Its processes were manual and lacked transparency, with supplier data spread across multiple systems. A major pain point was the immense manual effort required for thorough supplier evaluations, which was critical for patient safety but took over three months to complete for more than 170 suppliers. Seeking to centralize data and automate processes, Oculus turned to the vendor tacto for its procurement solution.

tacto provided a centralized platform for all supplier information and automated key processes. The implementation of tacto's analytics and supplier management modules automated data collection and evaluation, enabling continuous supplier assessment. This resulted in time savings of more than 80% in supplier evaluation and led to significant cost savings in the five-digit range for Oculus. The solution also provided the data transparency needed to develop new sourcing strategies and mitigate risks.

OCULUS

Sven Weber

Head of Operations