Digitalisation has profoundly changed the way transactions are conducted in the business world, making it extremely easy and convenient to get information. Digital procurement solutions help organisations to generate new insights and strategies, uncover new sources of value, increase efficiency and achieve the process excellence, to assure supply and successful risk mitigation.
Digital procurement solutions are enabling the future by providing access to previously unavailable data, bringing order to massive data sets, driving more complex analysis and better supplier strategies, and enabling more efficient operations. With improvements in data, analytics, computing power, and visualisation, digital procurement also has better evidence-based options for decision making, which can improve both the value and accuracy of strategic decisions and the speed of execution.
The future of procurement in the digital age
Strategic sourcing is becoming more predictive, transactional procurement is becoming more automated, and supplier relationship management is becoming more proactive. For organisations looking to embrace digital procurement solutions, the path has never been easier than Endress+Hauser’s tailor-made strategic procurement solutions suitable for all individual needs:
• e-Catalog contains prices, part codes, delivery times and technical data, particularly useful for the fast repeat ordering of everyday standard products.
• Shopping cart interface uses the Endress+Hauser Online Shop configurator to build part codes, obtain up-to-date prices and lead times, then simply transfer this data, error-free, into the user’s procurement system via a shopping cart interface (e.g. open catalogue interface).
• ERP to ERP (enterprise resource planning) helps reduce costs, manual errors and lead times by automating procurement process. This solution provides an efficient way of handling all transaction data for quotes, orders, order confirmations and invoices.
All these strategic procurement solutions create value for customers through digital services and visualisation of information. The new and improved Endress+Hauser platform will be ready in February 2018.
New Würth Elektronik location in South Africa
News
A new Würth Elektronik branch has opened in Brackenfell, Western Cape. The location operates under the name Wurth Electronics South Africa and will serve local customers, as well as being responsible for markets in Botswana, Mauritius, Namibia, Tanzania and Zambia.
Read more...John Thompson and BECS partner to deliver biomass energy solutions
News
John Thompson, a division of ACTOM and South Africa’s leading provider of industrial energy solutions, has announced a strategic partnership with Berkeley Energy Corporate Solutions, a specialist developer and supplier of biomass energy projects. Together, the companies aim to accelerate the deployment of reliable, renewable steam solutions to industrial customers across Africa.
Read more...Academy pumps out the next generation of experts
News
KSB Pumps and Valves has invested in a specialised training centre designed to equip internal and branch staff and certified partners with in-depth knowledge of KSB products and systems.
Read more...Celebrating the power of diversity in the engineering sector
News
The engineering sector has historically been a male-dominated field, and to a large extent it still is. However, this is changing, and the shift is gaining significant momentum as more women begin to take up leadership roles, spearheading innovation and driving inclusive growth.
Read more...Enhancing gold leaching efficiency Endress+Hauser South Africa
Sensors & Transducers
Endress+Hauser offers a range of advanced technologies designed to enhance the stability and accuracy of pH and dissolved oxygen measurements on gold processing plants.
Read more...From the Editor's desk: What happened to the metaverse? Technews Publishing (SA Instrumentation & Control)
News
One of the most interesting technical crashes in recent years is the metaverse. As recently as 2022, it was white hot, with massive hype led by Meta. Even Bill Gates was saying that in two to three years ...
Read more...Nidec adopts Siemens Teamcenter for electric motor development Siemens South Africa
News
Siemens Digital Industries Software has announced that Nidec Corporation, a Japanese manufacturer and distributor of electric motors, has adopted Teamcenter X software from the Siemens Xcelerator portfolio of industry software to achieve innovative motor development and supply to set new industry standards, including automotive.
Read more...Yaskawa Southern Africa and Sol-Tech advance industrial robotics training Yaskawa Southern Africa
News
Yaskawa Southern Africa has announced a strategic collaboration with Sol-Tech, a private vocational training institution based in Pretoria, to strengthen technical education in industrial robotics and support the development of future-focused talent for South Africa’s evolving manufacturing sector.
While every effort has been made to ensure the accuracy of the information contained herein, the publisher and its agents cannot be held responsible for any errors contained, or any loss incurred as a result. Articles published do not necessarily reflect the views of the publishers. The editor reserves the right to alter or cut copy. Articles submitted are deemed to have been cleared for publication. Advertisements and company contact details are published as provided by the advertiser. Technews Publishing (Pty) Ltd cannot be held responsible for the accuracy or veracity of supplied material.
printer friendly version