Empowering Intelligent Procurement Globally for AGCO

About 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.

Jeetendra Kumar
Chief of Enterprise Architecture and Applications, AGCO Corporation

Challenge

To build the products that the world’s agricultural community needs, AGCO sources components from more than 2,700 dealers in 140 countries. Regionally distinct and disconnected solutions made it impossible for AGCO’s purchasing personnel to budget, manage, and execute procurement optimally.

Solution

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.

Outcome

More than 400 purchasing and finance professionals – working around the globe now rely on an integrated global solution to manage AGCO’s spend, savings, and budgeting. Personnel gains end-to-end visibility into purchasing operations with a single portal through which they can manage global supplier interactions.

Business Impact