By Need

Direct Procurement

Direct procurement as a strategic advantage

Traditional approach: tactical, manual, inefficient

A new strategy and new technology for today’s complexities

The right technology for competitive advantage

Essentials of strategic direct procurement

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Visibility

Gain end-to-end visibility through the entire supply network, including long-tail partners. This includes visibility into finished-goods inventory, components and materials held by suppliers at every tier so you can proactively manage shortages and excesses.

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Alignment

With networks, size matters. Choose a large network with hundreds of thousands of partners across the specific ecosystems important for your business. This is essential for time-to-value, total cost of ownership and even the financial viability of most deployments.

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Efficiency

Establish more effective processes by streamlining labor-intensive workflows to increase productivity and drive new efficiencies. For instance, you can easily set up an audit-ready, paperless workflow complete with validated, electronically signed and archived electronic invoices with compliance in over 50 countries. Another example is enabling trading partners to create carton-level shipment details on purchase orders, print their own labels and conduct four-way matching with ease.

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Cost optimization

Achieve economies of scale and enhance profitability through the centralized purchasing of raw materials and products on the behalf of partners. You can reduce shipping time and costs by drop-shipping directly to customers, warehouses, plants, contract manufacturers and co-packers with orchestrated workflows among all parties. By easily viewing changes to bills of materials, related costs and cost forecasts, you can look for opportunities to enhance margins.

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Power of the network for direct procurement

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Challenges of direct procurement

Resources

Customers

Testimonials

Go from tactical to strategic direct procurement. Reach new heights of agility and resiliency as you transform processes and resources into a strategic advantage.

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