Procurement professionals that belong to the Purchasing Management Association of Canada will be attending a show October 22-23 2010 Beyond 2010: The Future of SCM located in Toronto, Ontario Canada.
David Kuehner, President of B2B Connex has been selected to discuss hidden savings in your supply chain.
Many people consider purchasing to be an overhead expense. However, the automation of your purchasing processes can have a big impact on costs, cycle times, and the accuracy of price data. There are several ways that manual processing can add to your overall costs. Inaccurate pricing can cause invoice match problems, incorrect delivery dates can cause maintenance scheduling problems, rekeying RFQ data can introduce errors in your vendor data that will cause recurring purchase order change requests until the data is corrected. One way to solve these, and other problems, is to implement a “2-way” vendor communication process that will control the distribution of Purchase Orders, RFQs, and other purchasing documents to your vendors, as well as to control the communication of price, delivery, and other critical information from your suppliers back to you.
Registration for the event is relatively inexpensive and is still open to those that are interested in meeting B2B Connex and learning more about achieving savings within purchasing.
What savings have you been able to extract from your supply chain?