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D&B-Optimized Database Rationalizes Purchases For SKF

The Swedish engineering company SKF, a leading global supplier of bearings, seals, mechatronics, lubrication systems and services, has chosen BISNODE – D&B to stream-line its supplier database.

With D&B rationalization, SKF has optimized its database of suppliers. The transparency gained enables more efficient purchase strategies and cuts costs.

Global engineering company SKF is present in over 130 countries and purchases for more than 3 billion euro per year, from over 30 000 suppliers. The task of managing the purchasing process globally is given to Stephan Koerner and his team at SKF in Schweinfurt, Germany and in Gothenburg, Sweden.

“We also have a number of global commodity managers located all over the world,” explains Stephan Koerner, purchasing process manager at SKF.  SKF is running the procurement on around 40 system installations worldwide, with an internal global vendor coding structure.

“We used to spend a lot of effort on maintaining this structure. So we decided to, through D&B Data Rationalization, integrate D&B’s DUNS Family Tree and D&B’s World Base 1784 information in our existing Purchasing Data Warehouse.”

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