Sourcing and Procurement
Is your organization grappling with decentralized purchasing processes, no or low contract visibility, sky-high costs, and a fragmented supplier base?
Today, companies across all industries struggle under these and other sourcing and procurement processes. With our proprietary SWIFT Solutions, we help you define business goals, determine the best possible solutions and deployment options, and achieve (or exceed) the desired results. Leveraging best-in-class applications, Bristlecone’s integrated sourcing and procurement services optimize your entire Analyze to Pay spectrum, by :
- Enriching spend data to make smarter, faster buying decisions
- Providing visibility into global spend for holistic analysis and reporting
- Ensuring compliance to procurement policies
- Streamlining contract creation and negotiation
- Identifying qualified suppliers and managing supplier risks
- Increasing visibility and participation from suppliers
- Transitioning into standardized paperless invoicing
One global telecom major organization worked with Bristlecone to overcome key challenges like decentralized buying and a lack of standardized data, tools, and processes. Bristlecone helped build a business case for e-procurement transformation, and collaborated with SAP and Ariba to implement a best of breed, hybrid on-premise, and cloud solution. The customer was able to reduce sourcing cycles by up to 50 percent, achieve 100 percent contract compliance, and reduce RFx2PO lead time by up to 60 percent. When another large manufacturer wanted to decentralize purchasing, gain visibility into contracts, control costs, and streamline its supplier base, Bristlecone helped the company select best-in-class procurement solutions and deploy an e-procurement and contract management solution. Key benefits gained include a streamlined global purchasing process, better vendor collaboration and evaluation, and significant reductions in sourcing lead times.