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POOL4TOOL has gained Metso Mining and Construction as a New Customer

12-19-2013 06:54 PM CET | IT, New Media & Software

Press release from: POOL4TOOL AG

Detroit, MI | York, PA – In the search for a viable eProcurement Solution, leading technology and service provider in the process industry, Metso, decided on POOL4TOOL. The solutions specialist won the project due to their vast experience in the procurement industry, especially in the manufacturing sector.
When looking for a Procurement solution Metso, one of the leading global supplier of technology and services in the process industries, decided on the supplier portal of POOL4TOOL. It will be used in the division Mining and Construction. The Finnish company‘s Procurement and Global Information Management departments compared leading solutions based on functional and technical viability. In the running for a possible solution were various industry leaders including: Ariba, Liaison and Zycus.

Metso Mining and Construction (MAC) had a few key goals they needed to achieve. First they intended to reduced transactional and administrative cost using enhanced SAP and eProcurement features. Metso also wanted faster request for quotation (RFQ) to quotation cycles including better prices through competitive quotations. Overall over 70 percent of purchase order items will be placed over the online portal. Then the company also aimed for better planning data coming from confirmed dates and quantities. Another goal was to empower suppliers to perform supplier self-registration as well as initiation. A final goal the company plans to achieve with POOL4TOOL is better communication of quality incidents and claims with suppliers, with faster feedback and actions to reach continuous improvement.

"What made a big difference for us in the selection process was POOL4TOOL’s focus on manufacturing industry related procurement. They were also able to very quickly demonstrate their deep understanding of the Engineering-to-Order projects related processes and that their solution overall is a comprehensive package that is designed to fit manufacturing companies needs instead of just another general eProcurement solution,” remarks Srikant Singh, Global Process Development Manager and Global Procurement Support, Metso Mining and Construction

Metso and POOL4TOOL will begin the implementation in York, PA. Then the solution will be rolled out in 9 countries. According to the strategic road map, the project goals will be achieved in 2015. After the eProcurement system has been fully implemented, Metso plans for internal gains in efficiencies relating to expediting and later implementing the system for strategic procurement.

About Metso: Metso’s mining and construction professionals specialize in always bringing the right technology, processes, machinery and services to our customers in the aggregates production, construction, mining and minerals processing and in metal and waste recycling. Expect results.
Metso is a global supplier of technology and services to customers in the process industries, including mining, construction, pulp and paper, power, and oil and gas. Our 30,000 professionals based in over 50 countries contribute to sustainability and deliver profitability to customers worldwide. Metso’s shares are listed on the NASDAQ OMX Helsinki Ltd.

About POOL4TOOL: POOL4TOOL is a cloud-based supply chain and procurement solution suite for connecting business partners across the value chain. With POOL4TOOL, companies can implement a single, natively integrated suite to support multiple internal processes and communicate with suppliers. The portfolio includes software solutions for over 40 processes, including supplier relationship management, sourcing, supply base management, supply chain management, eCollaboration, quality control, and product costing (PLC). With more than 10 years of experience in the manufacturing industry, POOL4TOOL’s solutions are tailored to support manufacturing procurement processes and requirements, e.g. sourcing of direct material, BOM, drawings, should cost model, and VMI functionality. Beside the headquarters in Vienna (Austria), the POOL4TOOL incorporation runs subsidiaries in Munich and Stuttgart (Germany), Paris (France), Detroit (USA), and Singapore. The company serves more than 200 international clients, i.e. Alcan, Behr, Carl Zeiss, Dürr, Kärcher, Miele, Modine, ThyssenKrupp, and Trumpf.
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