Article

Insightful Keynote talk with Matchory's client DMG Mori at the 15th BME eLösungstage

Matchory attended this year’s Bundesverband Materialwirtschaft, Einkauf und Logistik e.V. (BME) eSolution Days in Düsseldorf, where industry leaders gathered to discuss the latest trends and innovations in procurement and supply chain management.

💡 One of the biggest highlights was the insightful presentation by Timo Rickermann, CPO of DMG MORI, on "AI-Based Supply Chain Intelligence," together with Aiko Wiegand, Founder and CEO of Matchory.

For two days, the event was packed with enlightening discussions about the current state of procurement and the transformative impact of AI across all areas, particularly in the context of supplier discovery.

The second day of the BME eSolution Days kicked off with an inspiring keynote.

Timo Rickermann, CPO of DMG MORI (BME Innovation Award Winner 2019!), together with Aiko Wiegand, CEO of Matchory, explored the topic of "AI-Based Supply Chain Intelligence." Rickermann set high expectations: a fully automated supply chain, real-time risk data, compliance conformity, and seamless SAP integration.

"We have transformed our processes from manual supplier searches to full automation. Instead of working in an operational and repetitive manner, we now focus on strategic tasks"

Timo Rickermann
CPO of DMG MORI

What are the key takeaways? 🤔

Global Coverage & Transparency: The goal is to proactively and transparently map as many suppliers worldwide as possible along the entire supply chain. Gone are the days of sifting through industry directories and endless Google searches. “Our aim was to enable highly targeted searches with real-time results. The platform covers 97% of all available suppliers worldwide,” Rickermann shared enthusiastically.

Big Data & Cutting-Edge Technology: Supplier data from across the globe is aggregated and structured. Intelligent search algorithms and AI continuously optimize and adapt searches based on user needs. The digital footprint of suppliers is automatically identified and enriched with customs data, among other sources.

Efficiency & Future-Proof Risk Management: The future of procurement lies in continuously analyzing existing suppliers and suggesting alternatives, providing a comprehensive risk overview—without requiring active buyer intervention. “We have transformed our processes from manual supplier searches to full automation. Instead of working in an operational and repetitive manner, we now focus on strategic tasks. Quality has improved significantly, and the time spent on supplier searches has been reduced by up to 85%—and that’s a conservative estimate,” Rickermann revealed.

Aiko Wiegand added proudly: “The Matchory database is the world's largest public Supplier Discovery solution, featuring over 10 million supplier profiles. It supports an efficient, resilient, and sustainable strategic procurement process.”

In summary: A game-changing approach to supplier discovery—efficient, transparent, and AI-powered!

Learn more

See how you can improve and
strengthen your sourcing