Daimler Spearheads Digital Transformation of Contracting and Sourcing Process with Icertis
With the Icertis Contract Intelligence (ICI) platform, leading manufacturing companies are embracing contract-centric sourcing to lower costs, reduce supplier risk, and accelerate time-to-market.
Business Challenge
Daimler, one of the biggest producers of premium cars and the world’s biggest manufacturer of commercial vehicles, recognized that it needed to improve its agility to compete in today’s rapidly changing business environment. The systems the company used to manage its sourcing processes were decades old and fragmented across multiple platforms.
Solution
Daimler developed an RFP for a supplier contracting solution, and the Icertis Contract Intelligence (ICI) platform differentiated itself from the competition through its robust treatment of the entire lifecycle of the contract and sourcing processes. Daimler recognized the ICI platform as providing the foundation of a new digital approach to procurement, and also took advantage of the ICI Sourcing app, a specialized business application for procurement organizations.
Results
ICI was deployed at the auto manufacturer in record time—80 percent faster than its historic software implementations. Daimler is now managing its entire roster of suppliers on the platform. It is also exploring several other areas to implement ICI, and is an early adopter of the ICI AI applications.
From sourcing to contracting we have gained speed, and it has made us safer. We have our risks transparent, we have our process transparent, and our buyers like the software. It's easy to use. The software guides the buyer through the process so the user always knows what to do next.
Ulrich Ochmann
“We chose the Icertis ICI platform and ICI Sourcing app because of their ease of use, ability to address every phase in the contracting and sourcing processes, and seamless integration with third-party systems that support the entire procurement life cycle. The deployment optimizes the source-to-contract process by ensuring best-in-class supplier evaluation, selection, contracting, and collaboration.”
Dr. Stephan Stathel, Operations Lead for New Procurement System and Team Lead for the Build2Run Team at Daimler AG