Ratan Tata backed B2B commerce company, Moglix has said Uno Minda Group has implemented the formers vendor management portal, that will help achieve digital transformation in its procurement process.
Uno Minda Group has more than 30 manufacturing plants and over 2,000 BOM suppliers across India. The adoption of the solution will help the company to do away with excessive manual effort that resulted in loss of time and information in transition.
In fact the company states there had been multiple cases that led to mismatch in ledgers leading to delayed reconciliations and extra human effort by finance department and vendor’s team. With the introduction of the new system, Uno Minda Group has successfully adopted the vendor portal solution that Moglix developed on SAP’s SCP environment and seamlessly connected the portal to SAP using HCI connectors.
Rajeev Gandotra, chief procurement officer, Uno Minda Group said, “At Uno Minda, we are aggressively working to meet and exceed rising demands in technology, cost and quality. Adoption of vendor portal is a strategic move to achieve cost savings, by improving man-hour efficiency and ensuring a tighter control over inventory. Improved supplier communication has helped us receive just in time delivery, thereby, helping us in inventory control and faster new product development.”
Parna Ghosh, chief information officer, Uno Minda Group said, “We have always been open to technological advancements and have been amongst the early adopters of technology solutions. Moglix has added to the technological progression in our company via its vendor portal solution. The digitalisation of the interaction between our users and suppliers has increased productivity of the company and the overall business.”