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Electrolux Moves Supply Chain to the Cloud

3/20/2013
Electrolux selects GT Nexus to provide a cloud technology platform that will automate the closed loop global freight spend management process for the appliance manufacturer. Delivered as a service over the internet, the platform is expected to optimize the entire purchase to pay lifecycle for air and ocean transportation.
 
“We needed better technology to support our move from normal annual and spot buying to an ongoing, strategic freight management approach,” explains Bjorn Vang Jensen, vice president Purchasing, Global Logistics at Electrolux. “GT Nexus connects us with our transport service providers, and allows everyone to see and act on a common set of shared rate information and related transactions in the cloud. This collaboration will help us maintain strong, strategic partnerships with our providers.”
 
Electrolux is a global company in household appliances and appliances for professional use, selling more than 40 million products to customers in more than 150 markets every year. Electrolux products include refrigerators, dishwashers, washing machines, vacuum cleaners, cookers and air conditioners sold under esteemed brands such as Electrolux, AEG, Zanussi, Eureka and Frigidaire. In 2012 Electrolux had sales of SEK 110 billion and 61,000 employees.
 
The GT Nexus Transportation Sourcing capabilities aim to add standardization and partner collaboration into the end-to-end spend management process from initial procurement, through allocation optimization, contract management, freight audit and final payment. A business intelligence layer sits on top of the information platform that provides Electrolux with advanced analytics and real-time performance monitoring dashboards. 
 
The entire platform is being delivered to Electrolux as a cloud technology service. The platform is shared by thousands of other companies and supply chain partners.

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