In the two pilot markets, the time taken for indirect supply chain procurement—from budget requisition to invoice validation—has been cut from a full week to less than a day and a half. Goods arrive on time, suppliers are paid faster and the company has real-time visibility into procurement and spend.
Spend optimized for savings through existing contracts and catalogs increased from 40% to 65%. It will be 90% after the global rollout.
The project is also being expanded. A new cloud module will streamline supply chain sourcing across the source-to-contract process, and Accenture will deploy AI-driven, risk-management analytics. The new solution will extract insights across contracts, POs, invoices and spending patterns to support spend-cost models for greater visibility into changing buying patterns—and provide insights for enhanced vendor management, supply chain management, and supply chain planning.
This end-to-end transformation, which equipped people with new ways of working through the power of digital, data, AI and cloud, delivered the company a more resilient, agile and responsible supply chain that supports growth.