Impacting businesses’ top and bottom lines by optimizing procure-to-pay

Dec 26, 2023 | Operational Excellence

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With many global supply lines experiencing massive impairments, learn how process mining can uncover the root cause of delays and disturbances

In many industries, problems in global supply chains lead to massive impairments in the ability of companies to deliver and compete. This article illustrates how process mining technologies can be used to optimize procurement processes and achieve supply chain resilience.

Due to the crises of recent years, global supply chains are threatened in a way they have rarely been in the last decades. Surveys of industrial companies show that complaints about bottlenecks and problems with precursors and raw materials are at an all-time high. Almost all industries are affected by shortages of raw materials.

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full version, originally published on 06/23/2022, Impacting businesses’ top and bottom lines by optimizing procure-to-pay (processexcellencenetwork.com)