S2P excellence has an impact across cost, service quality and risk mitigation

The S2P process helps realize cost savings

By optimizing operational purchasing processes according to strategic targets, lowest prices of material and services are realized and spend is more visible while internal customer satisfaction increases. By imposing a streamlined effort with targeted KPIs across all functions, S2P frees up time for truly value-adding operations activities, which will ensure a comprehensive data management, faster processing of requests and better order follow-up. With its focus on legal exposure and compliant buying rules reputational damage, quality issues, and costly conflicts of interest can be avoided. With On Time Delivery performance monitoring, S2P increases material availability and thus reduces supply risk.

Driving Source-to-Pay (S2P) excellence to realize the full value from strategic sourcing
A road map for digitizing source-to-pay