The challenges of direct material sourcing are legion — from the complexities of global supply chains and variability in products and costs to the increasing need for risk management and sustainability. It’s easy for organizations to get tripped up, creating inefficiencies and increasing the risk and impact of supply chain disruptions.
GEP’s point-of-view paper, Optimizing Direct Material Sourcing With a Unified, Extensible Source-to-Pay Platform, lays out our approach to solving those challenges. Covering the key capabilities of a modern direct sourcing solution, this paper explains why data analytics are now indispensable and how modern tools enable enterprises to orchestrate direct and indirect operations holistically.
This paper is essential reading for procurement and supply chain leaders trying to navigate the labyrinth of direct material sourcing challenges.