REWE - REWE | Strategic Sourcing

REWE International, part of REWE Group, with headquarters in Austria and 3,600 stores across nine European countries, started rolling out NeoGrid ezMarket in 2002 to support its procurement process ever since. The company has expanded its use of NeoGrid e-sourcing software after realizing significant benefits through its Austrian network. REWE mainly stocks the following products: food, beverages, cosmetics, body care products, drugs, textiles and household goods.

 

Challenge

  • – Scattered information in different formats
  • – Look for new suppliers rather than just sticking with the same trusted few to lead to improved service through increased competition
  • – Improve quality assurance and vetting suppliers

Strategy

  • – Lower purchasing costs by increasing competition and aggregating spend
  • – Increase productivity while optimizing supplier management
  • – More transparent business procurement process, with traceability for audit or reference

Results

  • – Significant savings
  • – Greater uniformity and standardization of procurement processes across the international business ​
  • – Ability to analyze spend and supplier details more effectively
  • – Easy-to-use tool, providing a framework for buyers so that templates are created and always consistent across the business

To overcome challenges, this client uses the following solutions:

Strategic Sourcing

Strategic Sourcing

Imagine if you could typically reduce costs by 5-20 percent and save 26 hours per eRFx and eAuction, while also lowering your risk with process enforcement and compliance.

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