Webinar: Improve the Procurement of Direct Materials utilizing Advanced Technologies
It is well known that the procurement of direct materials has its unique challenges:
- Demand is determined by production / particular stock coverage
- High expectation with on-time / quality conformance delivery
- Limited flexibility to find qualified alternative suppliers
- High volume of compliance documentation
- Complexities due to multiple channels to suppliers
- Pressure to cut costs
And all these challenges need to be managed in a dynamic market environment with constantly changing demand and supply situations. To overcome these challenges, it is worthwhile considering solutions to:
- Seamlessly exchange information between buyer and supplier at all levels (demand, delivery status, shipment time, etc.)
- Easily share required documents (shipment documents, invoices, certificates, etc.)
- Manage suppliers (identify alternatives and possible risks)
- Improve cost situation (inventory and physical movement of stock)
This on-demand webinar delivers a comprehensive look at how cutting-edge procurement solutions (SAP and beyond) can help your business address these challenges.