Panasonic is a leading global electronics company that produces a wide range of products, including home appliances, audio equipment, and personal care products. In order to improve their procurement processes and reduce costs, Panasonic decided to partner with B2BE, a global provider of e-commerce solutions.
What solutions did Panasonic implement?
B2BE worked with Panasonic to implement a range of solutions, including electronic purchase orders, electronic invoices, and an electronic supplier portal. These solutions helped to streamline the procurement process and make it more efficient. The electronic purchase orders eliminated the need for manual processing. Therefore reducing the risk of errors and speeding up the order process. They were also faster and more accurate, reducing the need for manual data entry and the risk of errors.
The electronic supplier portal was a key component of the solution. It provided suppliers with access to real-time information about their orders and invoices. As as result, this allowed Panasonic to manage their own accounts and resolve any issues quickly. This then reduced the workload on Panasonic’s procurement team and improved supplier relationships.
The implementation of these solutions resulted in significant cost savings for Panasonic. They were able to reduce their purchase order processing time which resulted in a reduction in procurement costs.
Overall, the partnership with B2BE helped Panasonic to achieve their goals of improving their procurement processes and reducing costs. The solutions implemented by B2BE helped to streamline the procurement process, reduce errors, and improve supplier relationships. The cost savings achieved by Panasonic have helped them to remain competitive in the market and continue to grow their business.
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About B2BE
B2BE delivers electronic supply chain solutions globally, helping organisations to better manage their supply chain processes, providing greater levels of visibility, auditability and control. We’re driven by a passion for what we do, inspired by innovation, and underpinned by a wealth of knowledge. With over 20+ years of experience, the B2BE teams operate worldwide.
For more information, visit www.b2be.com.