Moglix Digitized MRO Procurement and Enabled Significant Cost Savings for a Leading Chemical Company

banner Image

Our Client

The company is a leading color and effect pigment manufacturer in India with experience of over 60 years. With an annual turnover of INR 1600+ crore, it offers an exclusive range of products which included organic and inorganic pigments mica-based effect pigments chemical intermediates and pesticides. Spread across 85+ countries the company has a wide range of 170+ channel partner globally

Business Challenges

  • Fragmented vendor base with unauthorized third-party vendors
  • 100+cases of corrupt codes resulting in unoptimized-inventory purchase
  • Sub-standard Data Quality impacting the decision making
  • Hybrid Pricing Structure across MRO categories

64% reduction in rejection rate

Solution

Find out how Moglix consolidated fragmented vendor base leading to direct cost savings of a leading chemical company

Related Content

Get your Invoices and PO Financed today