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Right Price, Right Supplier: How Predictive Procurement Drives Value in the Automotive Industry

Arkestro

But when it comes time for purchasing, most automotive suppliers and OEMs are stuck in an Excel world, and they’re straddled between systems, pulling data from all over the company. Data isn’t easy to find, and the suppliers and manufacturers are hungry for a system to bring all this information together.

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Global Supply Chain Management: Best Practices and Trends

HICX

This has led to organizations investing capital in and spending time on optimizing supply chains to cut lead times, improve supplier performance and increase business profitability. From cloud-based platforms to advanced supplier data analytics , digital solutions are addressing the challenges of supply chain management.