The client was looking for a cloud solution which would enable them to collaborate directly with vendors online, to reduce the turnaround time for finalizing agreements for all their critical raw materials. Different pricing schemas were followed across material categories, leading to complex calculations for arriving at the total landed cost.
Spend calculations required complex reporting with landed cost, target savings and extended price being calculated manually. Holding auctions for high valued items was cumbersome and costly, while finding qualified vendors was also a major challenge.
The client, with its traditional ERP system, was spending a lot of time on finalizing agreements for critical raw materials such as limestone, coal, silica, etc., required for cement manufacturing. Client: A leading Indian cement manufacturer.
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