For more than 75 years, Grohe has been giving bathrooms and kitchens around the world a new look through its innovative products. A reflection of its preference for innovative applications and services, Grohe is now applying the cloud-based solutions and business network of Ariba, an SAP Company, to transform its procure-to-pay function and fuel a best-in-class process through which it can drive savings, efficiencies and competitive advantage.
“At Grohe, innovation and technology are part of our DNA and we rely on them not only to deliver quality products to our customers, but to drive unprecedented levels of performance and productivity across our operations,” said Dr. Thomas Schachner, Senior Vice President Global Supply Chain, Purchasing, Quality & Industrial Engineering, Grohe AG. “Through Ariba, we can create an efficient process for procuring goods and services that enables us to control our costs, minimize risk and fuel sustainable growth across our business.”
“As one of the world’s most recognized and coveted brands, Grohe knows a few things about innovation and high-performance,” said Al Loges, managing director, private equity solutions, Ariba. “By implementing Ariba’s solutions, Grohe can optimize its supply chain, cost structure and performance and continue to set new standards for bath and kitchen design.”About GROHE The GROHE Group is spearheaded by Grohe Holding GmbH, Düsseldorf, and comprises Grohe AG, Hemer, Joyou AG, Frankfurt, (fully consolidated since 1 July 2011) and other majority shareholdings of GROHE in foreign markets. Grohe AG is Europe’s largest and the world’s leading provider of sanitary fittings under one brand. As a global brand for sanitary products and systems, GROHE sets standards in quality, design, technology and sustainability, providing water to perfection. With its headquarters in Hemer and Corporate Center in Düsseldorf, the GROHE Group employed some 8,700 people on average worldwide in 2011 (including around 3,200 at Joyou), of whom some 2,400 worked at GROHE in Germany. In 2011, the company’s kitchen and bathroom fittings and showers, automatic fittings for the commercial and contract sectors, and installation and flushing systems generated consolidated sales of €1,165 million. GROHE has six production plants, of which three are located outside Germany, namely in Portugal, Thailand and Canada. The company currently generates 84 percent of its sales outside Germany.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts