|
Procurement execution is the final process of managing the order lifecycle with the supply base. In many cases, this may be a blanket purchase order. In addition, there is a need to have a single face to the supplier around multiple capabilities such as forecasts and firm orders, ASNs, order changes, receipts, as well as alerts and exceptions.
Key capabilities of the i2 solution for procurement execution can include:
- Optimally generate purchase orders and track these orders through their entire lifecycle.
- Process and generate business signals including acknowledgement, advanced ship notices, shipments, receipts, and invoices
- Gain visibility to procurement orders and related events and exceptions across divisions and partners enabling better and more timely decisions
Benefits of the i2 solution for procurement execution can include:
- Single face to the supplier in the procurement execution process
- Reduced procurement process costs
- Rapid management of exceptions to avoid excessive cost overruns
|
