Case 4.e-Procurement help client to realize the group purchasing integration across China
D company is the subsidiary of one fortune 500 company, lots of business units are covered by large business scope. Traditional purchasing solution cannot support the booming business development.
- How to integrate the general indirect procurement?
- How to monitor process and manage risks?
- How to plan budget and control expense?
- How to effectively handle 100,000 purchasing requisitions per year?
- How to manage spend over 400 million per year?
- Helped client to establish and standardize purchasing process across all units
- Launched e-Procurement and linked it to ERP system
- Integrated process from PR to pay out, and made it transparent
- Realized conformity by integrating departments and users on e-Procurement platform
- Purchasing centralization under group company
- Achieved 5% saving cost against total spending annually
- Built up category sourcing model and data transparency
- Online budget planning and monitoring
- Established management reporting
- Evaluated supplier performance transparently
“e-Procurement is part of our finance control solution, …… All processes and Financial, procurement operation become more smoothly. Definitely it help us save much budget, and lower risk.”
——Vice President China, one of fortune 500 companies
——Vice President China, one of fortune 500 companies