InBev, which owns brands such as Stella Artois and Beck’s, has deployed Emptoris’ spend visibility solution, which will allow the brewer to more closely monitor its expenditure. In addition, InBev has used Emptoris’ contract management solution to build a central repository for signed agreements, as well as to simplify existing contracting processes.
After a series of e-auctions in 2005, InBev has expanded the use of the e-sourcing tool and will run all negotiations online, to improve efficiency and transparency. According to the company, this will allow InBev procurement to realize savings by gaining coverage in spend areas where procurement had low or no involvement before.
InBev commented that it had also enforced and revisited purchasing ordering processes where necessary, in order to improve employee compliance to contracted deals and ordering from preferred vendors.
Tom De Kegel, director of global procurement at InBev, commented: To increase sourcing efficiency and drive buyer adoption and alignment across geographies, we envisioned to employ only one application combining spend insights with e-sourcing and contract management…Emptoris offers us the user-friendly, web-enabled integrated suite in multiple languages we require, with proven global functionality and deployments.
According to Emptoris, Global 2000 companies have used its solutions to analyze over $8 trillion of expenditure, to source over $110 billion of products and services, to manage contracts totaling over $65 billion, and to deliver approximately $22 billion in bottom line savings.