Cruising The Supply Chain with E-Auctions
Danish multinational shipping and container logistics company Maersk took a closer look at procurement and decided to digitize their sourcing process in order to save hundreds of millions.
Company Overview
Maersk provides transportation services - managing cargo, container sales, and supporting intermodal transport.
Headquarters
Copenhagen, Denmark
Employees
75,000+
Customer Website
Value as a Service
$100M
in potential savings
2050
goal for carbon neutrality
Challenge
Making the most of e-auctions as a new approach for sourcing
Persuading top line management to new sourcing approach
Solution
P2P
Sourcing Optimization
Risk and Performance Management
Result
The ability to work from home has resulted in an increased focus on digitization of business processes.
Costs are now back to being the number one priority.
"We can see 50% of the auctions 10 years into the program are still delivering double digit savings."
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