Food Services company - Supply Chain Procurement Hub
A leading Food Services company is leading the way in supply chain management services to the food service and convenience retail sectors. With the opportunity to handle tens of thousands of invoices each week for maojor food retailers, the company found the potential administrative prospects daunting. They faced exponential expansion with opportunities to provide real-time, high volume electronic sales invoices to these multiple multi-national food service companies. However, using their current systems would mean a massive expansion of data processing staff levels to cope.
They found the answer with TBI.
ConnectSupplier is now providing them with a sophisticated, high volume e-Trading System. It enables customers to select and order a wide range of craft bakery goods from hundreds of suppliers through a single portal. Their portal allows real-time processing of invoices, purchase orders, delivery notes, credit notes and remittances, originating from widely different accounting systems operating in businesses across the UK. Re-pricing is controlled centrally through Connect and transactions are then sent to suppliers seamlessly by EDI thereby giving the company the solution they needed.
With a highly efficient, automated business trading hub, the company has greatly reduced invoicing and processing costs from suppliers ranging from sole traders to large regional suppliers. Tens of thousands of invoices are being processed weekly from hundreds of suppliers to 15 major food retailers and 1,000's of food service outlets. This entire invoice process is being supervised by just one member of company staff.