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Vision Excellence Award Goes to Rolls-Royce Power Systems

04-05-2017 03:27 PM CET | IT, New Media & Software

Press release from: POOL4TOOL AG

Vision Excellence Award Goes to Rolls-Royce Power Systems

Global Price Management Wins

Vienna | Friedrichshafen, April 05, 2017 – MTU Friedrichshafen, the core business of Rolls-Royce Power Systems, has set the course for global transparency in Purchasing with a digital purchasing platform. The innovative concept that harmonizes price and supplier data throughout the company has been selected by POOL4TOOL as the winner of the Vision Excellence Award, which is awarded annually to the most innovative client project. The award ceremony took place last week at the Digital Procurement Day in Vienna for an audience of more than 100 visitors. (http://hubs.ly/H06Z_xD0)

The solution specialist POOL4TOOL hosted the Digital Procurement Day last week. More than 100 participants from Purchasing and business came from Germany, Austria, and Switzerland to take part in the event in Vienna. The procurement specialist POOL4TOOL discussed how the challenges of digitization in Purchasing will be managed in the future by using intelligent tools and through process integration. The festive award ceremony for the Vision Excellence Award took place at the evening event. MTU Friedrichshafen, the core business of Rolls-Royce Power Systems, won the award for their global price management.

“Global price management is an innovative initiative that will allow us to achieve significant savings in the future. The intelligent POOL4TOOL purchasing platform helps us coordinate our global prices and brings us one step closer to a full 360° overview over our suppliers,” explained Alexander Dangle, the Vice President of Purchasing at Rolls-Royce Power Systems, after receiving the award. “We didn’t have a problem, we had a dream. This award is for the whole team. In POOL4TOOL, we found a partner that will support us long-term in our efforts to digitize our purchasing processes. We look forward to continuing our work together.” (http://hubs.ly/H06Z_xD0)

Global Standards, Local Flexibility

The challenge for the Purchasing department at MTU Friedrichshafen is enabling quick access to available supplier and price data that is not fully harmonized because they are distributed across four different SAP systems. The solution was to create a user-friendly master data management system in one central location that would automatically transfer the information to the various SAP systems. In order to ensure that the same conditions were being met globally for purchases, the department needed a software solution to make information about the suppliers and their prices transparent and easily available in all of the company’s locations. The intelligent POOL4TOOL purchasing platform combined with a complex distribution logic divided into global and local price components allows MTU Friedrichshafen to purchase items at the same prices throughout the entire company, while also maintaining local flexibility.

Award for Innovation

For more than 15 years, POOL4TOOL has been laying the groundwork for more efficient purchasing processes with their digital solutions. Standard solutions that benefit the entire client community are driven primarily by cooperation with development partners. “Our clients from many different sectors are blazing trails for solutions that will later be available to other clients. Innovative solutions are driven by vision and excellent team work with our customers. We express our appreciation and gratitude for this cooperation each year with the Vision Excellence Award,” says Thomas Dieringer, the CEO of POOL4TOOL. Past recipients of the award include NürnbergMesse, world market leader Grohe, and. automotive specialist HELLA. (http://hubs.ly/H06Z_xD0)

POOL4TOOL AG is the global market leader for electronic process optimization in "direct procurement", with locations in America and Asia and over 300 clients. The only worldwide All-in-One Supply Collaboration Platform brings together all process from product development through strategic procurement (sourcing), supplier management (SRM), indirect procurement (procurement), Supply Chain Management (SCM) up to Quality Management in one workflow-based solution. POOL4TOOL offers best practices from successful projects with global market leaders from the automotive, engineering and equipment construction, serial production and medical technology branches, as well as a unique supplier network with over 300,000 connected companies. Learn more at www.pool4tool.com.

POOL4TOOL AG | Kathrin Kornfeld | Corporate Communications | Wienerbergstraße 11 | A-1100 Vienna |
Telephone: +43 (1) 80 490 80 | Email: kathrin.kornfeld@pool4tool.com

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