Faurecia, Rieter Automotive Systems and Messier-Bugatti choose SynerDeal to conduct their cost-reduction operations.

SynerDeal, the leading European sourcing agency, is pleased to announce it has been entrusted with cost-reduction missions by large automotive and aerospace firms.

Faurecia, Rieter Automotive Systems and Messier-Bugatti have recently selected SynerDeal to conduct threefold missions, involving:

• Generating a genuine synergy between various group purchasing offices and building on purchasing intelligence on the several product families under negotiation.
• Structuring and streamlining purchasing needs and canvassing for new potential suppliers on a worldwide basis.
• Securing handsome savings within an extremely short timeframe.

SynerDeal coaches these companies throughout the purchasing operation, from the spec-defining stage until they sign a contract with the successful bidder, helping them renegotiate a sizeable portion of their purchasing portfolio promptly and efficiently.

SynerGains

These missions are based on SynerDeal’s e-sourcing methodology, purchasing expertise and collaborative Internet platform there are 6 stages:

• Establishing requirements clearly and accurately: SynerDeal helps its clients collect and analyse in-house data and draft their specs accordingly.
• Sourcing suppliers: SynerDeal’s daily contact with new vendors, plus its world-spanning network of business contacts put it in a position to shortlist prospective suppliers in record time.
• Managing the call to tender: High-quality and competitive offers hinge on choosing the best allotment strategy and on publishing thorough and accurate documents on the e-sourcing platform. That is exactly what SynerDeal does. Electronic secure-server exchanges of course boost efficiency and, just as importantly, provide for a fully transparent and equal-opportunity screening process.
• Bid equalisation: The only way to assess a proposal is looking at the overall costs for the company. So, analysing the bids from financial, technical and operational angles is just the first step. Then, you need to level the playing field by weighting them with client-defined adjustment coefficients (transport, changes, etc.).
• Negotiation: After short-listing the best bids, we help our clients through the final negotiation (which may be traditional or through reverse auctions). If clients choose a reverse auction, SynerDeal provides supplier training and support throughout the process – and creates and runs an entirely secure auction room.
• Deciding: After analysing the outcome of the negotiation, we supply our clients with a list of “winning” suppliers, and see them through the contract-drafting and signing phase.

Faurecia
Faurecia is a world-leading supplier of automotive equipment covering six key vehicle units (seats, cockpits, doors, acoustic modules, front ends and exhausts). Its 59,000 staff working in 160 plants spanning 27 countries generated € 9.9 billion of sales in 2002. Faurecia is listed on the Paris Stock Exchange. www.faurecia.com

Rieter Automotive Systems
Rieter Automotive Systems is a division of Rieter, an international group. It sells interior automotive trims and acoustic products. The Rieter group generates sales of € 2.2 billion and employs over 12,977 people around the world. www.rieter.com

Messier-Bugatti
Messier-Bugatti is a Snecma Group branch and a leading light in the aeronautical equipment field. It generated sales of € 374.2 million in 2002 and employs over 1,400 people in its 5 industrial plants. www.messier-bugatti.com