Moglix Transformed Indirect Procurement through Strategic Sourcing of a Major Chemical Company
Our Client
With a turnover of INR 7,500+ crores, the company is a leading chemical technology group in India. Equipped with state-of-the-art R&D facilities, the company has 10+ manufacturing plants with overseas plants in Thailand and South Africa. Once listed under Forbes' Best Under a Billion 2011, today, the company's business profile constitutes technical textiles, fluorochemi- cals, specialty chemicals, and packaging films.
Business Challenges
- Fragmented Suppliers leading to steep procurement cost
- Limited Visibility on MRO Purchase
- Price Variation
85% reduction in the processing of transactions and POs
Solution
Find out How Moglix Right Sized Large Vendor Base and Streamlined the Indirect Procurement Cycle for a Large Chemical Company
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