EDP is now easily able to obtain an overview of its supplier data and identify the risk associated with any particular category, service or supplier. The company’s procurement professionals know they are working with validated, accurate and quality data, which provides a sound foundation from which to work. This gives them the necessary confidence they require when buying a particular product or service.
Overall benefits - a summary
Quality assurance and validation of existing /potential supplier data is carried out by Achilles
One registration system provides EDP with a single, global view of supply chain risk and capabilities across its entire supplier base and visibility of new potential suppliers across the group
Low cost implementation offering high delivered value – and at a fraction of the cost of commissioning new ERP systems
Single product classification across the whole of EDP – allowing expenditure and supplier activity reporting to take place across the whole company
Harmonisation of procurement processes across the group through use of a single supplier management solution
Clarity of process for suppliers and increased exposure to other utilities
Significant reduction in administrative effort to maintain supplier data globally across the EDP group
What the customer said...