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The Solution
Grupo Nutresa started using Keelvar for more complex purchases, first with packaging and then expanding to other areas like maintenance, marketing services, and logistics. Later, they connected Keelvar to SAP Ariba so they could handle all types of spending in one system. For simple purchases, they used SAP Ariba, and for the more complicated ones, they used Keelvar, which helped them get better results and made it easier for the teams to manage everything in one place.
The Results
- Efficiency: Event set up is now 78% faster, saving the team 233 days of work over 38 events (over 1,800 work hours freed up).
- Cost Savings: $56 million saved through Keelvar, reaching 20-25% savings in their early packaging events, and now averaging around 10-15% savings for each new event.
- More Managed Spend: In 2024, they ran 74 sourcing events in Keelvar, covering $102.8 million in spend – up from 68 events and $13.9 million the year before.
- High ROI: Grupo Nutresa realised a 208x ROI from Keelvar since 2017.
- Automated Work: Over two-thirds of Keelvar events now run automatically each month. Some simple events are completed in under 15 minutes.
The Benefits
- Lower Costs: Grupo Nutresa reduced costs using one system for all their buying, helping teams move away from spreadsheets and manual work.
- More Time for Strategic Work: Automation took over routine tasks, so teams could spend more time on important projects.
- Faster, Smarter Decisions: By keeping everything in one place and using smart features, Grupo Nutresa could act quicker and make better choices.
- Easy to Use and Scale: The solution worked across lots of categories, helping the company bring together different teams and spending types in one platform.
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