Empowering Intelligent Procurement Globally for AGCO
AGCO Corporation is a global leader in the design, manufacture, and distribution of agricultural solutions and delivers high-tech solutions for farmers feeding the world through its full line of equipment and related services. AGCO products are sold through five core brands, Challenger, Fendt, GSI, Massey Ferguson, and Valtra, supported by Fuse smart farming solutions. Founded in 1990, AGCO has since grown significantly and achieved net sales of US$9.4 billion in 2018.
Through its AGCO Production System (APS) initiative, a product development process called the AGCO Major Product Introduction Procedure (AMPIP), and a lean, sustainable working culture, AGCO is becoming an intelligent enterprise. It is positioned to deliver the products and services that matter most to today’s farms – and to deliver them in a way that makes the most sense and provides the most opportunities for the future.
Chief of Enterprise Architecture and Applications, AGCO Corporation
- Regionally distinct and disconnected solutions made it impossible for AGCO’s purchasing personnel to budget, manage, and execute procurement.
- AGCO’s vision was to increase global data transparency with a new, cloud-based application that can integrate data from both the purchasing and finance functions.
- AGCO needed a partner with deep knowledge and implementation expertise of SAP Cloud Platform & Technologies to create this application.
A single, integrated global purchasing and savings application built on SAP® Cloud Platform was designed to manage the company’s global supplier spend, enable better forecasting and budgeting, and eliminate manual processes.
- More than 500+ purchasing and finance professionals – working around the globe – now rely on an integrated global solution to manage spend, savings, and budgeting.
- End-to-end visibility into purchasing operations with a single portal for global supplier interactions.
- 3,254 Savings initiatives tracked in APT in 2020
- 10K+ Nos. of PCAs processed in 2020
- $3.5B Procurement through APT for 2020
- 314K Nos. of parts with a price change in 2020