With fast-changing events able to affect the supply chain in days, accurate and agile forecasting and planning will help ensure that production is adjusted to maintain efficiency. Integrated, transparent, and real-time data collection and analysis give your business:

• Better visibility into supplier’s ability to deliver on time despite disruption at ports of entry
• Better balance of supply and demand, ensuring resilient planning and management of supply chain mismatches
• An agile and flexible supply network with better visibility empowering improved supplier capacity

Leverage digital transformation to gain better visibility, control, compliance, and collaboration across all spend-related processes, from procurement to personnel and inventory.

• Reduce manual and inefficient indirect procurement processes and drive more compliance across all buying channels.
• Improve visibility of the external workforce and better manage and control related services spend.
• Reduce supplier delivery variability to drive lower safety stocks.
• Deploy inventory processes for MRO spare parts, such as vendor-managed inventory and consignment, to improve working capital efficiency.

Maintain margins and increase profitability in times of high inflation by driving more efficient invoicing and optimizing cash flow management and planning.

• Reduce manual paper-based accounts payable invoice processes and automate invoice workflow exception handling.
• Make sure suppliers have sufficient working capital by offering supply chain financing and dynamic discounting.
• Accurately predict cash flow over extended periods to facilitate better decision-making and planning.
• Create plans to access liquidity from within your supply chain.
• Offer an expanded choice of payment methods and follow up on invoices quickly.
• Convert short-term debt to long-term debt, eliminate unnecessary expenses, and renegotiate supplier terms to minimize cash outflow.