Sievo announces that it has closed a significant software deal with a major German based manufacturing company that has international presence and is world-wide leader in its industry with 20 % global market share. The deal covers multiple Sievo modules implemented in two phases and aims at helping the client to achieve truly world-class procurement performance measurement processes. The name of the customer is currently confidential
“For this specific customer, changes in market prices of their key raw materials have fundamental impact on profitability. The purpose of the project that we are starting now is to help customer to get good visibility on how these changes have affected profitability, but more importantly, to equip them with tools to manage the volatility for their advantage with significant focus on forward-looking measurement elements. The software and experience that we bring onboard well complements their ongoing procurement transformation agenda.”, states Sammeli Sammalkorpi, co-founder and VP WW Sales and Business Development at Sievo. “Entering into this partnership with a German-based industry leader proves that our internationalization strategy works and we firmly believe that our joint collaboration will be an essential building block to further growth outside the Nordic markets” adds Fabrice Saporito, CEO.
