Industry:
Manufacturing Industry, UAE
Situation:
A global events manufacturing and production company executing large-scale events, was looking to automate its procurement operations across 5 regions. They hired a outsourced procurement consulting firm to advise on current processes, gap assessment and design technology stack which will be optimal for their operations.
Action:
Outsourced procurement consulting carried out the following:
- Gap Analysis of procurement in all 5 regions
- Current technology state
- Current & Future business strategy for 3-5 years
- Challenges driving automation needs
Result:
- Gap Analysis Report along with global state of technology
- Procurement Targeted Operating Model in order to efficiently run technology in future state
- Technology Stack Design
- RFP executed and concluded with 40% savings from market value
- Implemented the technology to go live within 9 weeks.