Procurement and Sourcing

The analog legacy hinders enterprises in how they interact with their supplier ecosystem, in pricing and negotiation, in how it translates from a sourcing system to an EDI environment, and then into a procurement system. When it comes to procurement, a truly digital enterprise must resemble a CRM model that enables buyers to obtain visibility into the entire supply chain process, availability of the inventory, and accessibility of commodities and their pricing for better analysis and smarter decision making

Enterprises have to deal with unstructured offline processes, analog information management, and complex contract management, among others. This business condition may result in challenges in data analysis, heavy reliance on EDI for transactions, poor understanding of the consequences of the commodities, and wasted time and money.

We help enterprises plan the two key criteria in sourcing:
  • Take a position of where the market will go when you produce the product
  • Take into account whether commodities are available to produce the product

In the digital enterprise, sourcing is a seamless flow of data between the enterprise, suppliers, partners, and other stakeholders in the chain.

We help enterprises address:
  • How to respond quickly to changes, such as on-boarding new suppliers with new information.
  • What is the best strategy for obtaining information in real time in order to introduce or request materials faster, quicker, and cheaper.
  • Why execution and negotiations take longer than expected.

In the digital enterprise, sourcing is a seamless flow of data between the enterprise, suppliers, partners, and other stakeholders in the chain.

We help enterprises address:
  • How to respond quickly to changes, such as on-boarding new suppliers with new information.
  • What is the best strategy for obtaining information in real time in order to introduce or request materials faster, quicker, and cheaper.
  • Why execution and negotiations take longer than expected.

In an analog system, information takes time to flow across the entire value chain. This results in a large potential bullwhip effect where inventory swings in response to customer demand increase as you move further up the supply chain. The older system tried to arrest bullwhip by aggregating data, but this strategy alone may not be effective today. Today’s consumers want instant gratification, so enterprises should go beyond arresting the bullwhip—now, they need to deal with the variability of consumer demands. Today’s supply chains are required to become predictive networks, where the amplitude of change is not demand variability but the timing of the demand/demand acquisition.

  • When will a product be in demand?
  • What is the behavioral pattern of a certain product design (e.g., when does the product go out of style or use)?
  • What are the aftermarket demands?

Intrigo Solutions

Deliver rapid ROI for your business by developing and managing supplier relationships and accelerating sourcing and procurement cycles. Intrigo provides Procurement and Sourcing solutions that deliver lean and targeted services to assist in sourcing and procurement initiatives—from Catalog Management to Invoices and Payments.

FIELDS OF PLAY: PROCUREMENT AND SOURCING

Key Benefits

Increased process efficiency

Cost reduction

Improved process governance

Greater visibility into company spending and streamlined sourcing

Enhanced support for leadership decision making through accurate business insights

Competitive advantage by enabling the sourcing of innovative goods and services

Increased opportunities for continuous process improvement

Join the Digital Revolution, Evolution, or become history.

Resources

VIDEO

SAP Ariba – Making Procurement Awesome!

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