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The manufacturing sector has direct purchasing under control. Indirect purchasing, however, often runs unchecked alongside it.
68%
FRAMEWORK AGREEMENTS ARE NOT BEING UTILIZED
Contracts Go to Waste
Employees are unaware that framework agreements exist. Orders end up with the wrong supplier.
6 hours
WEEKLY TIME SPENT ON MRO PROCUREMENT
Uncontrolled MRO Purchasing
Spare parts, tools, and consumables are ordered on an ad hoc and decentralized basis, without any standards.
18%
ADDITIONAL COSTS DUE TO MAVERICK SPENDING
No cross-site overview
Several plants make purchases in an uncoordinated manner. Opportunities for consolidation remain untapped.
Automatically Adhere to Framework Agreements
In manufacturing, there are often extensive framework agreements with suppliers for operating materials, spare parts, and external service providers. The problem: They are rarely used because employees aren’t aware that they exist. Hivebuy automatically checks whether a framework agreement applies whenever a purchase request is submitted.
Key benefits:
- ✓ Automatic check with every request: Is there a framework agreement?
- ✓ Orders are consistently placed with contract suppliers
- ✓ Savings from existing terms and conditions are systematically realized
Streamline MRO procurement. Effortlessly.
Maintenance, Repair, and Operations (MRO) is a typical challenge in manufacturing: high order frequency, many different suppliers, and little standardization. Hivebuy streamlines MRO procurement through centralized catalogs, automatic classification, and rule-based approvals.
Key Benefits:
- ✓ Centralized product catalogs for frequently needed MRO items
- ✓ Automatic product category classification for reporting and budget control
- ✓ Orders are automatically routed to the correct supplier without manual selection
ERP Integration. No IT project required.
Manufacturing companies use SAP, Microsoft Dynamics, NetSuite, and other ERP systems. Hivebuy integrates seamlessly into existing system landscapes—no IT project, no complicated setup required.
Key benefits:
- ✓ Bidirectional data synchronization with existing ERP systems
- ✓ Order data, cost centers, and budgets are automatically transferred
- ✓ ERP remains the leading system; Hivebuy supplements it with a procurement layer
Expenditure Control Across All Plants and Locations
Manufacturing companies often have multiple plants or locations that make purchases independently of one another. Hivebuy creates cross-location transparency with standardized rules and centralized visibility.
Key benefits:
- ✓ Standardized approval rules and supplier lists for all locations
- ✓ Real-time spend reporting by plant, cost center, and category
- ✓ Consolidation opportunities across locations are automatically identified
Automating Invoice Verification for High Volumes of Documents
Manufacturing companies receive hundreds of invoices every month from suppliers, service providers, and maintenance partners. Checking each one manually is inefficient. Hivebuy fully automates capture, matching, and preparation for posting.
Key Benefits:
- ✓ Automatic OCR capture of all invoice fields
- ✓ 3-way matching: Purchase orders, goods receipts, and invoices are automatically reconciled
- ✓ Discrepancies are immediately escalated, eliminating the need for manual review
Hivebuy vs. the Traditional Process
Automatically for every request
Manual, often ignored
Structured, catalog-based
Decentralized, unregulated
Plug-and-play, no IT required
A Long-Running IT Project
Centralized, uniform
Fragmented
Automatic, 3-Way Matching
Manual, prone to errors
Production companies rely on Hivebuy
BÜFA GmbH & Co. KG
"We receive a purchase requisition that includes everything we need. The supplier is specified, and budget approval is handled automatically. As soon as the request comes in, we can place the order right away without having to clarify anything further."
15%
Net order volume saved
3
Business Units Managed Centrally
Büfa GmbH & Co. KG
Chemicals, Cleaning Products, Fiber-Reinforced Composites