Success Story

Embedding Matchory in a commodity group strategy

Reifenhäuser, a leading supplier in the plastics machinery industry, sought to optimize its procurement processes and enhance supplier alignment using Matchory, a strategic sourcing platform.

Show PDF Version

Facing challenges related to supply chain disruptions and the need for cost efficiency, the company embarked on a project to revamp its commodity strategy and improve supplier management. Jörg Stolz together with a top consultancy, restructured the commodity strategy-system and implemented Matchory as the key platform in their supplier sourcing in some cases achieving a potential of two digit savings by cross divisional supplier alignment.

“Our goal was to answer: ‘What should procurement look like in 2030?’ Our focus was to achieve three key objectives; align on a strategic direction; assess our procurement team’s competencies and improve our commodity groups. Matchory played a critical role, in identifying new suppliers and in conducting an initial market analysis—covering market size, supplier barriers, spend analysis, and the development of our commodity groups.”- Jörg Stolz

Jörg Stolz, Group Director Procurement at Reifenhäuser, recognized the need for a transformative approach to procurement. With the support of a leading consultancy, the company aimed to explore the future of procurement by 2030, focusing on key direction, competency assessment, and commodity analysis.

Matchory's platform was used to identify new suppliers and perform market analysis, capturing data on market size and barriers to switching suppliers. The strategic approach enabled Reifenhäuser to navigate supply shortages, particularly after the COVID-19 pandemic. Achieved significant savings across analysed commodities.

‍

The implementation of Matchory resulted in several benefits:

SUPPLIER CONSOLIDATION

Enabled by identifying a single supplier capable of serving multiple business units, reducing complexity and costs.

COST SAVING

Achieved significant savings across many analysed commodities. In one critical commodity alone, there was a 50% reduction in costs by identifying a new major supplier in the Middle East.

SUPPLY ASSURANCE

Enhanced by broadening the supplier base beyond central Europe.

INNOVATION AND SUSTAINABILITY

Fostered through better supplier engagement and transparency in the global market.

Reifenhäuser’s strategic use of Matchory optimized procurement processes and strengthened the company’s ability to navigate future supply chain challenges. By integrating advanced sourcing tools and methodologies, Reifenhäuser has set a new standard for innovation and efficiency in procurement.

This case study highlights the transformative power of platforms like Matchory in driving substantial cost savings, building supply chain resilience, and fostering stronger supplier relationships.

‍