List of Keelvar Indirect Material Customers
Keelvar
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Since 2010, our global team of researchers has been studying Keelvar Indirect Material customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased Keelvar Indirect Material for Procurement, Sourcing from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using Keelvar Indirect Material for Procurement, Sourcing include: Samsung Electronics South Korea, a South Korea based Manufacturing organisation with 262647 employees and revenues of $206.82 billion, Mars, a United States based Consumer Packaged Goods organisation with 135000 employees and revenues of $47.00 billion, Stanley Black & Decker, a United States based Manufacturing organisation with 50000 employees and revenues of $15.78 billion and many others.
Contact us if you need a completed and verified list of companies using Keelvar Indirect Material, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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Mars | Consumer Packaged Goods | 135000 | $47.0B | United States | Keelvar | Keelvar Indirect Material | Procurement,Sourcing | 2021 | n/a |
In 2021, Mars implemented Keelvar Indirect Material to support Procurement,Sourcing across logistics, packaging, and direct and indirect materials. The deployment targeted complex sourcing events in multiple regions and expanded category coverage to packaging, logistics, direct materials, and indirect materials.
The implementation centered on Keelvar Indirect Material capabilities, specifically the Sourcing Optimizer and Autonomous Sourcing modules, to orchestrate multi-round events and automate RFP construction and evaluation. Mars used the Sourcing Optimizer and Autonomous Sourcing to configure event templates, constraint-based optimization, and automated bid evaluation workflows, which reduced manual RFP build time notably for European road freight.
Operational coverage included over 150 events in the first year, roughly 300 users, and management of approximately $1.61 billion in sourced spend. Reported performance outcomes included an approximate 90% reduction in RFP build time for European road freight and an average savings near 4% across multi-round events, with usage expanding across categories and regions during the initial rollout.
Governance and process changes emphasized centralized sourcing workflows and multi-round event orchestration to standardize sourcing across packaging, logistics, and both direct and indirect procurement functions. Rollout progression focused on scaling user access and category coverage, maintaining sourcing event control through the Keelvar Indirect Material application and its optimization modules.
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Samsung Electronics South Korea | Manufacturing | 262647 | $206.8B | South Korea | Keelvar | Keelvar Indirect Material | Procurement,Sourcing | 2019 | n/a |
In 2019 Samsung Electronics South Korea implemented Keelvar Indirect Material, deploying Keelvar Sourcing Optimizer in the Procurement,Sourcing category to address complex transportation and logistics sourcing for indirect spend. The partnership was established in December 2019 and Samsung ran about 20 RFQs and managed more than €200M in spend in the first year of adoption.
The Keelvar Indirect Material implementation focused on Keelvar Sourcing Optimizer capabilities, including algorithmic constraint based optimization, automated RFQ orchestration, structured bid evaluation, and award recommendation logic to support complex ground freight events. The project addressed spreadsheet based RFQ workflows by automating event configuration, bid comparison and supplier scoring rules to reduce manual processing in logistics sourcing.
Operational coverage emphasized logistics and other indirect procurement functions within Samsung's sourcing organization, with initial activity centered on ground freight events including a €100M event cited in partner reporting. The deployment scaled to support roughly 20 RFQs in year one and established repeatable sourcing event templates and centralized procurement workflows for indirect categories.
Governance and process changes included standardizing RFQ event design, centralizing bid evaluation procedures, and embedding optimization into supplier selection and award governance. Samsung reported about 85 percent time savings and roughly 5 million dollars of additional savings on a single €100M ground freight event following the Keelvar Sourcing Optimizer implementation, positioning Keelvar Indirect Material as a sourcing orchestration pattern for other indirect categories.
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Stanley Black & Decker | Manufacturing | 50000 | $15.8B | United States | Keelvar | Keelvar Indirect Material | Procurement,Sourcing | 2022 | n/a |
In 2022, Stanley Black & Decker implemented Keelvar Indirect Material to standardize sourcing across indirects, logistics, commodities and components, using the Procurement,Sourcing application to consolidate supplier interactions and governance. The program onboarded roughly 300 users and executed approximately 160 sourcing events in the first year, indicating rapid adoption by procurement and sourcing teams.
Keelvar Indirect Material was configured to manage a wide range of sourcing events, employing event orchestration, RFx workflows and auction style capabilities common to Procurement,Sourcing platforms and incorporating automation for repetitive sourcing tasks. Keelvar case materials and webinar content describe applied use across indirect and MRO categories and logistics process areas, and the implementation roadmap includes plans to expand autonomous sourcing bots to increase automation of routine sourcing decisions.
Operational coverage centered on procurement, sourcing, MRO and logistics functions, consolidating supplier interactions into a single sourcing engine to improve governance, consistency and process control across categories. The source does not list explicit system integrations, so inter-system connections were not specified, while the primary technical emphasis was on centralizing event management and supplier communication through the Keelvar platform.
Governance and process restructuring emphasized centralized event orchestration, standardized sourcing workflows and strengthened supplier engagement controls to support repeatability in indirect spend management. Keelvar success story materials and a September 2023 webinar document benefits across indirect and logistics process areas and outline plans to scale automation via autonomous sourcing bots.
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Buyer Intent: Companies Evaluating Keelvar Indirect Material
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FAQ - APPS RUN THE WORLD Keelvar Indirect Material Coverage
Keelvar Indirect Material is a Procurement, Sourcing solution from Keelvar.
Companies worldwide use Keelvar Indirect Material, from small firms to large enterprises across 21+ industries.
Organizations such as Samsung Electronics South Korea, Mars and Stanley Black & Decker are recorded users of
Keelvar Indirect Material for Procurement, Sourcing.
Companies using Keelvar Indirect Material are most concentrated in Manufacturing and Consumer Packaged Goods, with adoption spanning over 21 industries.
Companies using Keelvar Indirect Material are most concentrated in South Korea and United States, with adoption tracked across 195 countries worldwide. This global distribution highlights the popularity of Keelvar Indirect Material across Americas, EMEA, and APAC.
Companies using Keelvar Indirect Material range from small businesses with 0-100 employees - 0%, to mid-sized firms with 101-1,000 employees - 0%, large organizations with 1,001-10,000 employees - 0%, and global enterprises with 10,000+ employees - 100%.
Customers of Keelvar Indirect Material include firms across all revenue levels — from $0-100M, to $101M-$1B, $1B-$10B, and $10B+ global corporations.
Contact APPS RUN THE WORLD to access the full verified Keelvar Indirect Material customer database with detailed Firmographics such as industry, geography, revenue, and employee breakdowns as well as key decision makers in charge of Procurement, Sourcing.