How to counter price rises and effectively manage direct spend with your suppliers
The rising cost of energy and the soaring costs of commodities, are placing immense strain on supplier networks and unpredictability in the availability of materials. In response, procurement teams are trying to expand their supplier base and benefit from competitive pricing whilst reducing risk and dependency. Faced with spiraling costs, are you exploring new ways to manage this disruption whilst trying to help the procurement function to become more agile, efficient and sustainable?
We hosted a virtual event in collaboration with Supply Management Insider. You can now watch on-demand to find out how you can quickly build a resilient supplier network without the need to recruit additional headcount.
The webinar features Nexperia, a global semiconductor manufacturer, who will share their experiences of integrating a supplier portal with their SAP platform in order to improve collaboration, insight and control. Nexperia will describe how they empowered their dispersed procurement teams, reduced admin costs and eliminated manual processes, whilst introducing automation, compliance, quality management and accountability for direct spend suppliers.
Watch this webinar on-demand to understand:
- How to quickly introduce agility and resiliency in your supplier network.
- How to deliver rapid value to your business through increased customer order fill rates, reduced back orders, process compliance and greater visibility.
- How Nexperia, a global semiconductor manufacturer, realised these benefits within months.