The Digital Transformation in Procurement is a Necessity, Not an Option
FACTUREE highlights: The procurement of the future must be simple
Berlin, 23 September 2024 – The German economy is facing a fundamental transformation. Supply chains are becoming increasingly fragile, skilled workers are in short supply, and rising costs are forcing companies to rethink their strategies. Procurement plays a key role in this context: those who succeed in transforming their procurement processes will remain competitive in the long term. FACTUREE (www.facturee.de), a pioneer in the field of digital procurement, demonstrates that in volatile times, simple and efficient procurement is the foundation for future-proofing. The industry is experiencing disruption, and digital solutions like those from FACTUREE offer answers to the growing challenges.
„Die Krisen der vergangenen Jahre haben eindrücklich gezeigt, wie fragil traditionelle Beschaffungswege sein können. Unternehmen, die auf starre Lieferantenstrukturen setzen, stehen vor immensen Herausforderungen. „Wir sehen, dass der klassische Beschaffungsprozess angesichts der dynamischen Entwicklungen in der Industrie oft zu starr ist. Flexibilität und Geschwindigkeit sind entscheidend, und das lässt sich nur durch Digitalisierung und Teilautomatisierung erreichen”, erklärt Moritz König, CEO von FACTUREE, und ergänzt: „Gleichzeitig bleibt der persönliche Kontakt wichtig, um maßgeschneiderte Lösungen für unsere Kunden zu finden. Viele Unternehmen investieren zu viel Zeit in das Management von Lieferanten und die Koordination – Zeit, die für strategischere Aufgaben genutzt werden sollte.”
Industry in Transition: Efficiency through Digitisation is Becoming a Survival Factor
The industrial sector is currently undergoing a paradigm shift. Traditional procurement methods are increasingly being replaced by disruptive technologies. Companies need to rethink, adapt processes, and radically simplify. Digital procurement is not just a technological advancement – it represents a fundamental change in the way businesses operate.
"The demands on buyers and engineers are increasing dramatically – from shortened time-to-market cycles to the need to react quickly and flexibly to market changes. In a time when traditional procurement pathways are reaching their limits, digital transformation plays a crucial role," says König.
FACTUREE is at the heart of this development, offering companies the opportunity to significantly streamline processes and mitigate risks through its digital procurement approach. With a network of over 2,000 manufacturing partners worldwide, the company drastically reduces its customers' dependency on individual suppliers. Tedious sourcing and cumbersome communication processes are a thing of the past, thanks to FACTUREE's digital procurement solutions. "From supplier sourcing to technical consultation, production, and post-processing—everything is handled through us as a single point of contact. This reduces the need for coordination and minimises the potential for errors. At the same time, thanks to our broad network, we can always find a solution and quickly respond to supply chain disruptions by reallocating resources – a capability that is increasingly critical in the face of geopolitical tensions, natural disasters, or shortages," König adds.
Strategic Procurement as a Competitive Advantage
Efficiency and risk reduction are not the only central themes in digital procurement. A major leverage point lies in the strategic alignment of companies. By automating standard processes, companies can focus more on innovation and strategic projects. FACTUREE supports this not only operationally but also through consulting. "Our customers benefit not only from our extensive and highly flexible supplier network but also from our expertise and know-how in strategic planning. We offer personalised, individual consulting for every customer. At the same time, our digital procurement solution enables significant cost savings for our customers – a decisive advantage given the increasing cost pressures in the industry," says Moritz König.
Conclusion: Future-proofing through Simplicity
Process simplification is becoming a prerequisite for companies that want to succeed in a volatile market environment. FACTUREE opens the door to radical process optimisation through digitisation and shows that simplicity is the key to future-proofing. "Our goal is to make companies not only more efficient but also more resilient. In a world marked by uncertainty, our digital approach enables companies to manage procurement processes in a straightforward and efficient manner, allowing them to act flexibly, cost-effectively, and innovatively," concludes Moritz König.
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