More Transparency and Speed in Digital Procurement
Miba Reaches Its Goals with Digital Procurement Platform
A companywide restructuring set new standards at Miba. The leading industry and technology company wanted the new procurement structure to increase the speed, transparency and efficiency of communication with its suppliers while also reducing process costs and prevent maverick buying in indirect Procurement. Miba was able to achieve the desired results by introducing a software platform that bundles direct and indirect procurement processes, makes supplier development easier and optimizes the procurement of MRO parts.
Find out how Miba:
- Prevents maverick buying by completing all of its sourcing processes in Procurement
- Transfers supplier performance data directly into supplier development
- Uses P2P processes supported by workflows for its indirect procurement
- Created a central information database to ensure transparent and efficient supplier management