When self-drive becomes more advaced - by 2030- private car ownership will fal. Today most households in Britain own vehicle but study by supply analysts Vendigital predicts personal car ownership in citie will fall by 95% as motorists take advantage of access to zero-emission driverless vehicles, leased and managed by organisations such as Transport for London.
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TT Electronics, a global provider of engineered electronics for performance critical applications, implement various procurement technologies as a key enabler to driving cost improvement and optimising supply chain performance.
Low & Bonar, a FTSE 350 global leader in the design and manufacture of performance materials, recognised a need to efficiently aggregate spend data across disparate systems to drive supplier cost and performance management within their business.
Meggitt PLC, a 1.6 billion GBP turnover international aerospace, defence and electronics group are acutely aware of the consequences of not proactively identifying and managing risks across their supply chain, the consequences of which can not only disrupt operations but also impact brand reputation.
Meggitt is a FTSE 100 GBP 1.6 billion turnover international aerospace, defence and electronics group, with global operations. As a result of their scale they were finding it increasingly difficult to aggregate and analyse spend information, across the organisation. Whilst Meggitt have rolled out an ERP system across their operations globally, the ability to visualise and analyse direct and indirect spend information demanded a need for a central spend analytics solution.
"The robustness of the processes used in the project were much greater than one normally associates with a purchasing exercise. It's no wonder that the results were so impressive."