
In the Flat World, high-tech companies need to contend with expanding supply networks. Lack of standardization of operational procurement processes and low supplier collaboration lead to increased operations costs and revenue loss, hampers business user (buyer) productivity and decision-making. In addition, inadequate attention to procurement and supplier collaboration processes results in high direct, indirect and services spend, long- sourcing cycle time and high transaction costs.
To improve operational procurement and supplier collaboration, companies need to:
Infosys' Advanced Collaborative Supply Management (ACSM) solution
enables companies to enhance operational procurement and supplier collaboration. Developed on Microsoft technologies, the solution defines best-in-class processes and provides a platform for procure-to-pay, supplier collaboration, performance management and partner connectivity for direct, indirect and services procurement. The solution is designed with modules to extend the existing Enterprise Resource Planning capability, enabling faster realization of business value.
Benefits
Sourcing at your fingertips: