Case Study: Vonovia achieves fairer purchasing prices and 1 million euros in annual savings with XPLN

Vonovia Market data in purchasing fair purchase prices and strategic supplier relationships

Vonovia, Europe's leading private housing company, faced challenges in its purchasing department due to rigid, long-term supplier contracts. These contracts did not account for market price fluctuations, leading to high costs and strained supplier relationships. Their manual process of checking prices online was slow and inefficient. Vonovia enlisted the vendor XPLN to find an automated solution for market and price monitoring.

XPLN implemented its automated monitoring tool to track prices for thousands of items across various online marketplaces. This provided Vonovia's buyers with objective, real-time data, transforming their quarterly negotiations into a transparent, open-book process. The solution from XPLN delivered significant results, including 15% cost savings per item, a 50x faster price checking process, and annual purchasing savings of one million euros, all while strengthening strategic supplier partnerships.

Vonovia

Dennis Westkamp

Head of Sourcing Indirects