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ZER, Istanbul, Uskudar, Turkey: ZER

Company: ZER
Nomination Submitted by: Business Awards Consulting
Company Description: ZER offers its business partners end-to-end purchasing solutions where they can turn purchasing difficulties into opportunities with its expert staff, innovative solutions and wide supply network as Turkey's first and largest purchasing company.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Company of the Year - Diversified Services - Medium-size
2023 Stevie Winner Nomination Title: ZER
  1. Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the achievements of the nominated organization since 1 January 2021, OR written answers to the questions for this category? (Choose one):
    Written answers to the questions
  2. If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.
     
  3. If you are providing written answers for your submission, you must provide an answer to this first question: Briefly describe the nominated organization: its history and past performance (up to 200 words):

    Total 192 words used.

    ZER offers its business partners end-to-end purchasing solutions where they can turn purchasing difficulties into opportunities with its expert staff, innovative solutions and wide supply network as Turkey's first and largest purchasing company. 

    Zer was established in 2003 to centralize the indirect purchasing processes of Koç Group Companies, one of Turkey's largest holdings. Over time, it opened its advantageous business model to companies outside the group. With the incorporation of Promena in 2013, it has become an international company offering purchasing services.

    Zer is committed to an efficient, sustainable and competitive purchasing experience to its more than 1300 corporate customers through more than 20K suppliers in more than 130 categories.

    By leaving their indirect purchasing activities to Zer, companies gain time and cost advantages, while also gaining efficiency and convenience with Zer's supply chain expertise.

    Zer offers fast, practical and reliable technological solutions in purchasing and supply-chain processes with its strategic purchasing and supplier solutions platform Promena, and with its brands ZerOnline, Loji-Portal Araçiste and Zervis.

    Zer offers a unique business model in the world in terms of providing both consultancy and practice in the field of purchasing and supply chain management.

  4. If you are providing written answers for your submission, you must provide an answer to this second question: Outline the organization's achievements since the beginning of 2021 that you wish to bring to the judges' attention (up to 250 words):

    Total 248 words used.

    Due to the challenges experienced in the supply chain during the pandemic, which have affected the profitability and business models of all companies, procurement has become increasingly strategic and important both globally and in Turkey. Zer is well-equipped to navigate these challenges with its 20 years of experience in procurement and supply chain management, industry knowledge and insights in different sectors, competent team of experts, and technological solutions.

    Zer has provided uninterrupted workflow to its customers with the local and regional supply passages it has created by commissioning alternative solutions, and has contributed to the effective management of activities, costs and risks by its business partners and suppliers with its expertise in purchasing and supplier management.

    In order to keep the ever-increasing prices under control, the contracts were renewed with the suppliers on the basis of correct pricing, thus making products and services accessible with sustainable quality and optimum price.

    In order for the suppliers to continue production and survive economically, flexible payment plans and Supplier Financing System has been created that will give them a breath of fresh air.

    In 2022, Zer successfully expanded its customer base both domestically and internationally and managed to double its procurement volume. By conducting meticulous work for accurate pricing in variable market conditions in supply chain and procurement management, Zer took necessary actions and presented proactive pricing and cost strategies transparently through its digital platforms. The number of its strategic global business partners abroad has reached 15 countries in 5 continents. 

  5. If you are providing written answers for your submission, you must provide an answer to this third question: Explain why the achievements you have highlighted are unique or significant. If possible compare the achievements to the performance of other players in your industry and/or to the organization's past performance (up to 250 words):

    Total 246 words used.

    -With its strong financial structure, Zer has contributed to the sustainability of its business partners and suppliers through long-term collaborations, proactive agreements, and bulk purchasing volume.

    -By implementing alternative solutions and utilizing local supply capabilities, Zer has ensured uninterrupted business flow for its customers.

    -Through long-term procurement agreements and careful price management, Zer has successfully managed the inflationary market fluctuations observed worldwide.

    -In 2022, Zer has achieved significant collaborations both in Turkey and globally, increasing its consulting capabilities and the reach of its digital platforms. In domestic partnerships, Zer has collaborated with companies such as SAS, KPMG, and EY, while internationally, it partnered with key players in the supply chain such as Scoutbee, Sourcing Champions, andWNS.

    -Zer has increased the number of strategic partners abroad and has started to establish itself as a supply chain player in new markets such as Poland, Denmark, Czech Republic, Spain, Nigeria, Hong Kong, Bosnia and Herzegovina, France, and the United Arab Emirates.

    Zer became the first Turkish company to enter the ISG Provider LensTM report in 2021, which evaluates the best companies in procurement and supply chain management worldwide. Zer was featured along with its digital platform, Promena. In 2022, Zer has continued its success and once again managed to be included in the same report two-years-in-a-row.

    ZER is the first procurement and supply chain management company to be listed in the Fortune 500 and Capital 500 rankings rising to 88th rank in Fortune 500 and 120th in Capital 500)

  6. You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):

     

    Total 173 words used.

    Summarized Business Results:

    Following the closure of 2021 with 641 customers, Zer increased its customer base to 1,308 by the end of 2022.

    In 2022, Zer's managed procurement volume increased by 125% compared to the previous year.

    Zer's gross profit grew by 113%, with a significant increase of 84% in gross profit from customers outside the Koç Group. The international gross profit also saw a remarkable growth of 243%.

    Zer achieved a remarkable increase in its total revenue, growing by 137% compared to the previous year in 2022.

    (Please see Appendices for detailed results)

    Apx-1: Document: Executive Summary with Detailed Business Results

    Apx-2: Video: Zer Trailer Film

    https://youtu.be/oUG9LFWI-xo

    Apx-3: Video: Zer Services and Technological Solutions

    https://youtu.be/TGKMx32ghzM

    Apx-4: Presentation: Zer Company Presentation

    Apx-5: Report: ISG Report Summary on 4 Areas

    Apx-6: Press Release: ISG Report

    https://www.koczer.com/en/news/zer-recognized-as-product-challenger-isg-report

    Apx-7: Press Release: Capital 500 Listing

    https://www.koczer.com/en/news/we-rank-120th-in-capital500-turkiye-

    Apx-8: Press Release: Fortune 500 Listing

    https://www.koczer.com/en/news/we-rank-88th-in-fortune-500-turkiye

    Appendix 9: Website: Zer Web Site

    https://www.koczer.com/en

Attachments/Videos/Links:
ZER
PDF Apx1_ZER_Results_and_Accomplishments.pdf
URL Apx-2: Video: Zer Trailer Film
URL Apx-3: Video: Zer Services and Technological Solutions
PDF Apx4_Zer_Introductory_Presentation.pdf
PDF Apx5_ISG_Report_Summary_on_4_Areas.pdf
URL Apx-6: Press Release: ISG Report
URL Apx-7: Press Release: Capital 500 Listing
URL Apx-8: Press Release: Fortune 500 Listing
URL Appendix 9: Website: Zer Web Site