Manufacturing

Manufacturing organizations need to achieve Scale by building multiple factories for different product lines or to leverage efficiencies in raw material sourcing. This poses a challenge to manage vendor supplies, inventory control and vendor payments.

By deploying scanning solutions across the breadth of these functions, you can achieve the highest levels of efficiency and sound financial management.

A critical area of application is the accounts payable function. Vendors may be required to deliver raw materials across remote factories, and a timely payments to vendors is required to ensure there is no dysfunctionality in the supply chain. By scanning invoices and goods inspection reports, you can collect them at centralized shared service centers for prompt and efficient processing of vendor invoices. This ensures uniform compliance of quality control and timely payments to vendors. The resultant benefit is continuous tracking of cash flow.

Please avail our Consulting Services to help identify the right solutions for your organization.