Process Improvement-Procurement Process

//Process Improvement-Procurement Process
Process Improvement-Procurement Process2019-05-21T17:46:47+00:00

Company Overview: Food Manufacturing Company

Business Imperative

  • The client had moved from a highly manual indirect procurement process and a stand alone automated direct material procurement process to an integrated automated process utilizing SAP for all procurement.
  • The new process was demonstrating problematic symptoms

Scope & Approach

  • review Procure through Payable processes, associated systems, and organization and make recommendations for improvement.
  • Problems were identified through client interviews and review against best practice benchmarks.
  • A workshop approach was used to apply process and system best practices and develop specific solutions for the client.

Results Achieved

  • Benefits included a 40% decrease in invoice cycle time, 50% decrease in invoice error handling effort, ability to comply with discount payment periods, simplification of processes, and improved security and controls.