The SynerTools eSourcing platform developed by SynerDeal has just been chosen by the French automotive component manufacturer as part of an ambitious cost reduction programme.
The need to structure and standardise the Purchasing process within the various subsidiaries, the desire to reduce the duration of strategic Sourcing projects in order to increase the number, or even to facilitate the capitalisation and sharing of Purchasing expertise between Buyers worldwide, are all factors which led Faurecia to adopt eSourcing.
Having experimented with these new purchasing methods and techniques for several years with the assistance of an external service provider, Faurecia has chosen to take an independent stance in its global approach and to move over, in 2003, to a more “industrial” phase of eSourcing, using its own platform.
The main criteria in choosing the solution were the speed of implementation, flexibility and ergonomics of the product, the international presence, Purchasing culture and the ability of the service provider to supply a full support service and accompany global deployment. Thus hosting of servers, application management, Purchaser and Supplier support and auction administration have been consigned to SynerDeal, enabling Faurecia to concentrate on its core business and focus on its cost reduction programme.
SynerTools was customised and implemented in less than 6 weeks and, in the same time, 70 Purchasers were trained and operational.
The SynerTools platform will be used in 2003 by 300 Purchasers dispersed over 29 Group divisions, with a transacted volume of around 300 million euros.
In addition, and in order to facilitate rapid implementation of the change in 2003, SynerDeal Market Engineers will assist the Faurecia teams in coaching Buyers.
“In a market as competitive as that of automotive equipment, where purchases take on a strategic character, we are particularly honoured that Faurecia has chosen the software solution and services of SynerDeal to take the next step in structuring its Purchasing functions”. Didier Picot, CEO of SynerDeal.