Optimizing Direct Procurement

Optimizing direct procurement and inbound supply means much more than just streamlining your “procure-to-pay” processes for purchasing and accounting. Real-time business network platforms enable a new collaborative relationship between manufacturers, their suppliers, co-manufacturers, logistics providers and customers. Operate in real-time to optimize decision making, increase resilience, and unlock enormous business value for all parties. Learn how to do this and more on a single platform:

• Orchestrate all your inbound supply – manage the flow of raw materials, intermediates, parts and components from supply to assembly or manufacturing to packaging across your business
• Follow the trail of each transaction from beginning to end – gain full visibility and control over the complete lifecycle of each transaction
• Propagate demand in near real time all the way to your upstream tiers – compute net requirements automatically, based on stock on-hand and on-order to generate accurate forecasts
• Continuously and automatically reallocate inbound materials – match demand and supply around the clock to reduce the risk of shortages
• Meet fluctuating supply needs and reduce transportation costs – maximize container and shipment use while minimizing your expedite costs
• Work with logistics providers in real time – no integration required, give logistics and material planners full visibility and control over inbound, outbound, domestic and international transportation

Register and download this report now to learn how to optimize your procurement operations.

“It covers the entire cycle of planning and execution. It is very systematic. The process flow is easy to understand.” – One Network User