Top 5 Purchasing processes to transform using Digital Process Automation (DPA)

TOP

5

PROCESSES

EVERY PURCHASING & PROCUREMENT SHOULD TRANSFORM

Replace manual, slow-moving processes with automated business  processes to cut time, reduce costs and deliver improved customer satisfaction.

High expectations will continue to be placed on purchasing and procurement leaders to focus on strategic initiatives… Those companies that employ the right combination of strategic procurement practices and technology will become market leaders.

TOP FIVE PROCESSES

1

E-PROCUREMENT/ PURCHASE ORDER PROCESSING

Streamline electronic forms that integrate with ERP/Purchasing systems, and automatically route to the correct managers for digital authorisation, to increase efficiency.

2

GLOBAL SUPPLY CHAIN MANAGEMENT

Make more effective decisions using smart process software to leverage alerts for critical trends across the supply chain.

3

INVENTORY MANAGEMENT

Realise cost savings when you optimise stock management and inventory processes.

4

CUSTOMER PROJECT DELIVERY

Improve customer service by making parts and products for customer projects available more promptly.

5

SPEND MANAGEMENT

Automate and aggregate data from multiple sources to improve corporate leadership and empower better business decisions.

WHY DOES THIS MATTER?

PURCHASING AND PROCUREMENT LEADERS ARE OFTEN TASKED WITH HAVING TO:

Increase value

Focus on strategic initiatives to increase value

Support processes

Automate and streamline processes to exceed customer expectations and stand out from the competition

Shape manufacturing practices

Stay ahead of changing demands and industry trends

Manage regulations

Focus on due diligence, recalls and more, to adjust and improve

Dalkia, a leading provider of energy services, raises 10,000 to 12,000 purchase orders a year. Their PO process was manual, paper-based and time consuming, with errors and customer service issues as a result. 

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