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CollabraLink Supply Chain Downloads
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Today's supply chain has grown to become a complex organization, typically global in size and scope which creates multiple challenges to the organization, especially in the procurement realm where it is imperative to get a handle on operating costs while at the same time ensuring that the organization is responsive and acts quickly to changes in material requirements. Many global manufacturers are pursuing strategies which require them to manage purchase orders and inventory across multiple Business Units, Customers, Partners, and Suppliers. Add to this a decentralized organizational structure where multiple sites use manual processes to procure parts, and the challenges to control the organization are multiplied (potential for increased inventories, duplicate part buys, multiple orders to suppliers for the same part, multiple buyers buying the same parts, etc.).
Global manufacturers can reduce supply chain complexity posed by such a disparate, manual process driven procurement organization by the use of tools that serve to centralize and automate buying activities. By leveraging existing ERP/MRP systems, Savvion Supply Chain Solution aggregates common part requirements, as well as requirements placed on a common supplier, and presents this to the user in a simple order review screen that the user can accept with one mouse click (or quickly edit if needed). Automated approval routing is then performed based on business rules. This automated order aggregation/creation process allows the global manufacturer to realize significant productivity improvements in its global procurement organization, and reduces overall order creation cycle time. And because orders to suppliers are now combined, this can help to enable bulk buying discounts which previously may have been missed.
As a result, significant savings are achieved through improved buyer productivity, reduction in redundant inventories, improved supplier discounts, and decreased obsolete inventories. Other benefits include the improved ability to quickly redirect material on allocation to where it is most needed, and it provides a single point of contact for the supplier.
In the current global market climate, calls for dramatic actions to reduce costs are being mandated. This solution provides global manufacturers with a significant recurring cost savings to improve their bottom line.
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