Reply To: Function Integration: Other topics to focus on?

#124204

Fahad Aziz
Participant

Integration focus must link with the value drivers and prioritize areas where value can be derived – one of the key areas is procurement where integrating the function brings multiple benefits such as savings through lump sum discounts from vendors, consolidated sourcing, warehousing, logistics and economies of scale through consolidation of distribution channels.

Another dimension of integration is streamlining corporate governance by having policies, procedures and instructions aligned across business processes rather than looking at function: O2C, P2P, R2R, H2R, B2D, etc

Trust this helps.

Loading.. Please wait