May242018

How Lean, Agile Supplier Relationships Improve collaborative Client Quote Generation

Approval Routing, Business Process Automation, Client Quotes, Purchase Management, Supplier Relationship

Manufacturing companies that operate their Procure-to-Pay (P2P) processes so that Supplier Relationships are collaborative, data-driven, strategic alliances improve client quote generation. They are lean, strong, agile supplier relationships that aren’t siloed to strict, expensive parameters. They develop with trust and time through trans-formative iterations that eliminate unnecessary processes so your quotes aren’t ambiguous and give…

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May182018

Suppliers

Improving Supplier Relationships With Efficient P2P Processes

Approval Routing, Business Process Automation, Purchase Management, Supplier Relationship

Supplier relationships are highly dependent on the procure-to-pay (P2P) architecture that you have in place. Efficient P2P processes can build and improve your supplier relationships. The traditional architecture uses a combination of paper documents and ERP systems. The goal is to streamline a workflow by digitizing a portion of the procurement process. The problem is…

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Apr272018

How Improving Your Supplier Relationships Helps Client Quote Generation

Approval Routing, Business Process Automation, Client Quotes, Supplier Relationship

Supplier relationships often dictate how effective your business actually operates. When you have sound and efficient supplier relationships, you get the supplies and services that you need quickly and affordably. When you’re relationships are on shaky ground, it results in bigger problems for your operations. Many of these problems will also start to impact your…

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Apr192018

Agile vs Scrum Waterfall

Defining Waterfall-Scrum Workflows for Your P2P Process – Part 2

Approval Routing, Business Process Automation, Purchase Management, Supplier Relationship

Let’s take our definitions of waterfall-agile scrum workflows and incorporate them into the P2P process. Part 1 of “Defining Waterfall-Scrum Workflows for Your P2P Process” introduced one facet of the P2P process–invoice cost–and gave a brief overview of what each of the waterfall and agile (scrum) workflows were separately and how to think of them…

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Apr112018

Defining Waterfall-Scrum Workflows for Your P2P Process – Part I

Approval Routing, Business Process Automation, Purchase Management, Supplier Relationship

It’s no secret that manual Procure-to-Pay (P2P) costs sap efficiency and drain budgets. When supplier invoice approval and processing lags, it’s tough to get requisitions in on time, checked against contracts and paid. Automating your P2P processes and refining workflows are critical for efficiency, reducing waste, and for tracking your key performance indicators (KPIs). “More…

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Mar302018

Improving Supplier Relationships

P2P Architecture That Aligns BPI Solutions with Scalable Supplier Relationships

Approval Routing, Business Process Automation, Purchase Management, Supplier Relationship

Traditional Procure-to-Pay (P2P) architecture based on both paper documents and Enterprise Resource Planning (ERP) systems attempt to streamline workflows by digitizing the procurement process. This often results in unnecessary complexity as fragmented data isn’t efficiently integrated into those company P2P workflows, limiting data analytics and employee confidence in managing exceptions. This isn’t particularly conducive to…

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Mar232018

A123 Case Study

QAD Spring MWUG Presentation: A123 Systems Case Study – Integrating QAD EAM and Procurement

Approval Routing, Business Process Automation, Events, Purchase Management, Supplier Relationship

Download the presentation: A case study on procurement; ‘How to’ control Maverick Spend and the integration that ISS Group and QAD User A123 Systems developed between iPurchase® and the QAD EAM module for the primary purpose of creating and tracking the spend against project budgets. It provides a detailed overview of the integration developed, the…

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Mar222018

Supplier Collaboration

Data-Driven Collaboration That Becomes Supplier Alliances

Approval Routing, Business Process Automation, Purchase Management, Supplier Relationship

Building of Supplier Alliances: Supplier relationships operating in traditional, waterfall workflow silos are still common in manufacturing companies. The Procure-to-Pay (P2P) processes tend to follow strict parameters, with a flow that’s dependent on the preceding requirements. There’s no iteration. Any deviation from the path requires procedural approval that costs time and money. Following agile workflows…

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Mar152018

Supplier Relationship Improvement

Are you disengaged with your Suppliers…?

Approval Routing, Business Process Automation, Supplier Relationship

Reconfiguring Your Supplier Relationship Mindset Sometimes the tried-and-true becomes the tired-and-disengaged. Traditional Supplier Relationship Management (SRM) tends to manage communication down a one-way street, from your company to the supplier. When supply runs low, your company orders, waits on signatures, approvals, and fulfillment schedules. Sales representatives visit your company on predetermined agendas. Drawn-out contract terms…

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