How Prym Group Is Building Its Procurement Future on Synertrade

When Prym Group engaged Synertrade in the fall of 2025, the brief was focused: deploy a Supplier Relationship Management and Contract Lifecycle Management solution as part of a broader digitization initiative. As conversations deepened, that initial scope revealed the potential for a much larger transformation. That shift did not happen by accident. It happened because trust was earned, one conversation at a time.

A Global Industrial Group with a Clear Ambition

Founded in the 16th century, Prym Group is one of those rare organizations that has reinvented itself across generations. Today it operates across four divisions – Prym Consumer, Prym Fashion, Prym Intimates, and Inovan – with a global footprint and a clear ambition: to build procurement processes that match the scale and complexity of the business.

Prym Group already had established purchasing processes, systems and reporting structures in place. But the ambition went further: harmonize, standardize and digitalize procurement globally, with a focus on transparency, compliance, analytics and scalability. That ambition required a platform and a partner capable of supporting the journey.

From Initial Proposals to a Broader Vision

What began as a focused scope around Supplier Relationship Management and Contract Lifecycle Management quickly revealed a broader ambition. Several solutions were evaluated before Synertrade emerged as the right fit, selected for its end-to-end S2P capabilities, its experience with comparable engagements, its flexible and phased approach to implementation, and a global footprint, notably in Germany and India, that mirrored Prym’s own.

As the engagement progressed, the teams mapped out a phased roadmap with the potential to expand across the full Source-to-Pay spectrum, including Sourcing and Procure-to-Pay, structured around a clear set of priorities: delivering tangible business value, achieving the right return on investment, and staying aligned with Prym’s internal priorities and budgets. Capabilities such as ESG tracking, quality management, and supplier compliance form part of the longer-term roadmap, reflecting a shared vision for what the partnership can deliver over time.

"Our objective is to create more standardized, transparent and scalable purchasing processes across Prym Group. With Synertrade, we have selected a partner that provides the capabilities and flexibility to support this transformation step by step, while allowing us to focus on business value and sustainable adoption across our divisions,"

Chief Purchasing Officer (CPO), Prym Group.

"Prym Group operates across continents, across divisions, across complexity. When an organization of that scale chooses Synertrade, as a strategic technology partner for its purchasing transformation, it says something about where we stand today as a global player. That trust is earned, and we intend to keep earning it"

CEO, Synertrade

A Foundation Built to Scale

The first phase of implementation is set to launch, with SRM and CLM positioned as the operational backbone of Prym Group’s procurement function. The roadmap ahead covers the full Source-to-Pay cycle, with a phased approach designed to bring global entities onto the platform progressively and sustainably, subject to the successful delivery of each phase and Prym Group’s evolving priorities.

For a company that has navigated centuries of change, the choice of a partner is never taken lightly. Synertrade is proud to be part of what Prym Group is building.