Maersk

Customers / Maersk
Industry
Maersk logo

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+
 

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."

Jacob Gorm Larsen, Director of Digital Procurement