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NLMK Implements Digital Solution for Equipment Procurement Management

Steel News - Published on Thu, 15 Oct 2020

Image Source: NLMK
NLMK Group has implemented the SAP Aria Sourcing procurement management system to improve the efficiency of equipment selection and acquisition. The system allows standardizing the process of selecting suppliers, comparing technical characteristics of equipment and terms of cooperation, and monitoring order fulfillment and compliance with deadlines. The digital solution will reduce procurement operating costs by 20-40%.

SAP Aria Sourcing is a one-stop-shop solution that combines multiple tasks related to supplier selection within a single system, including the development and approval of basic engineering, preparation of a list of necessary equipment, filling out questionnaires, and selecting a counter party based on technical and commercial criteria. The system enables all procurement process participants to interact effectively in a single space, saving the company's time and resources.

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Posted By : Yogender Pancholi on Thu, 15 Oct 2020
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