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About wantex

The art of supplier collaboration. Why wantex?

Marek |
3 mins read


Our mission

At wantex, our mission is to help

Why focus on collaboration

Supplier collaboration is a critical capability given the reliance on external partners for innovation and productivity. Procurement manages immense value and the collaboration with suppliers is THE lever for sustainable competitive advantage.

Procurement manages immense value

40-80% of an industrial company's value creation is outsourced to suppliers. Procurement acts as a crucial link driving the collaboration with suppliers. If everything goes well, procurement easily creates >30% of companies EBIT. If things go wrong, production halts.

Competitive advantage through supplier collaboration

Supplier collaboration tools help innovative manufacturers keep their competitive advantage. Great relationships with suppliers are a true differentiator as they create innovation opportunities as well as continuous cost reductions.

 

The supply chain disruptions in the past years have made it evident that manufacturers who actively cultivate and maintain strategic relationships with their suppliers significantly outperform their peers.

These disruptions have highlighted the importance of having a robust and resilient supply chain, where strong partnerships with suppliers can lead to enhanced flexibility, quicker response times, and the ability to adapt to unforeseen challenges.

Companies that collaborate effectively with their suppliers show distinctive performance improvements of 196% growth in EBIT.

- McKinsey Supplier Collaboration Survey (2020)

By building strategic alliances, manufacturers ensure a steady supply of materials and gain innovative solutions and cost efficiencies, setting them apart in the market. This proactive supplier collaboration is a key differentiator, helping companies navigate global supply networks and achieve superior performance.

How we help buyers

wantex is the interface between buyers and suppliers. Our solution enables collaboration in a web platform.

As buyers, wantex runs your RFXs, from baselining through communication with suppliers to scenarios and awards. wantex keeps track of your project completion and measures impact for your annual tenders, project specific BOM allocations or resourcing initiatives.

In simple words, we remove many emails and spreadsheets from your life allowing you to focus on whats truly relevant.

Daniel Häberle
testimonial-quote

In my previous life as head of procurement excellence, I was looking for a collaboration tool with a focus on production material to deploy at the automotive company. But I couldn’t find a great one. So we are building it at wantex!

 

With focus on simplicity for buyers and suppliers. Deployable in hours rather than months. Generating value from day 1. 

Daniel Häberle

Chief Executive Officer

 

Liked by suppliers

Suppliers love wantex because they can start collaborating without onboarding! wantex requires no registration to collaborate and thus can be used right away with existing and new suppliers. Gone are the times where you spent up months onboarding suppliers to a platform!

Buyers invite suppliers to collaborate on events through a magic link, which gives access to a dedicated collaboration page that centralizes all information exchange.

The wantex AI co-pilot Zen transforms any information into the required format for submission. Think ingesting ERP generated PDF quotes or filling in questionnaires based on a couple of reference documents.

Become the buyer of choice for your suppliers!

Built for efficiency

wantex reduces the amount of tedious jobs for both buyers and suppliers and gives you collaboration super powers to find win-win solutions.

Plug and play

Your operational reality happens in your ERP systems - we get it. So our strategic tool needs to integrate into your existing landscape. And it does! We have out of the box integrations with many systems.

wantex works standalone for immediate value generation from day 1 and integrates with over 200 tools to capture even more efficiencies.

Founded by procurement professionals

We have been walking in your shoes before. As a result our collaboration approach with you is pragmatic and guaranteed no buzzword bingo bullshit. 

wantex is founded by Patrick and Daniel, both highly experienced professionals with a wealth of industry knowledge and expertise.

Daniel Häberle

Daniel Häberle

Digitized procurement departments and build savings funnels worth 100+ Mio. in automotive, industrial equipment and pharma.

Patrick Lüthi

Patrick Lüthi

Serial Entrepreneur. Built scalable solutions with cutting edge software in manufacturing, utilities and for banking clients.

 

 

One tool for efficient production material sourcing. Ready to check it out? 

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