Goodbye long negotiation cycles, welcome automation!
When Kyle Smith, Senior Strategic Sourcing Manager at a global tech giant, found his procurement team saddled with heavy workloads that stretched out supplier negotiation cycles, he turned to Infosys BPM for help. This case details how Infosys BPM’s automation and analytics solutions reduced manual efforts by over 90% and sped up the negotiation cycle, which aided Kyle in saving an additional $20 Mn in annual costs.
Approach summary:
- Created a set of VBA queries
- Built real-time analytics dashboard
- Automated addendum creation process
- Automated rate consolidation