Case Study

Driving Procurement Efficiency: Mergen IT Transforms Workday Spend Management for a Global Manufacturing Leader

Industry

Manufacturing

Length of cooperation

9 Months

Project Team

11 Members

Technologies

Workday Peakon Employee Voice

Problem Statement

The global manufacturing leader faced challenges with their procurement processes. Manual and disjointed procurement systems, limited visibility into spend data, and inefficiencies in supplier management hindered their ability to optimize costs and ensure timely delivery of materials. They needed a comprehensive solution to streamline procurement, gain real-time insights into spend data, and improve supplier collaboration.

Solution

Mergen IT implemented Workday Spend Management, a powerful cloud-based solution, to address the manufacturing leader's procurement challenges. They collaborated closely with the company to configure and customize Workday Spend Management to their specific requirements, ensuring seamless integration with their existing systems. Mergen IT helped automate procurement workflows, implement spend analytics, and enhance supplier collaboration through the platform.

Results

Real-time analytics and reporting capabilities empowered the company to make data-driven procurement decisions promptly. They experienced significant cost savings through optimized supplier negotiations, improved procurement cycle times, and reduced maverick spend. With Workday Spend Management, the manufacturing leader achieved procurement efficiency, cost savings, and improved supply chain performance, positioning themselves as a leader in their industry.

Conclusion

Thanks to Mergen IT's expertise, the global manufacturing leader achieved remarkable outcomes. The implementation of Workday Spend Management transformed their procurement processes, resulting in streamlined workflows, improved spend visibility, and enhanced supplier collaboration.

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