VISUAL Focus 2019 was incredible! With the SourceDay team back home in Austin, we are still reflecting on everything we learned and accomplished during our time in Orlando.
We absolutely loved meeting so many amazing procurement leaders. After speaking with hundreds of attendees about the challenges their businesses face on a daily basis, we left the conference feeling both inspired and proud of the platform we’ve created and its ability to truly change lives.
Napoleon Products ERP Improvement Manager Louise Mayer and SourceDay COO Clint McRee took the stage for a candid conversation on how Napoleon modernized their procurement processes using SourceDay’s PO Collaboration and 3-way invoice matching. Through SourceDay’s centralized platform, they are now able to complete vouchering for thousands of POs and invoices across hundreds of suppliers.
During the session, Louise Mayer described the all-too-common supply chain challenges Napoleon faced.
Napoleon’s Key Challenges
10+ price discrepancies per day that eroded profit margin
Manual PO process led to inefficiencies
Late customer shipments
Expedite fees due to late deliveries
Late & incomplete deliveries caused by incorrect lead times and quantities
At the root of these challenges were significant inefficiencies in the first mile of their supply chain — supplier collaboration. Napoleon needed to transform their purchasing process and automate manual procedures and make their supply chain more reliable.
With SourceDay, Napoleon has simplified their supplier communication without having to maintain a supplier portal, go through complicated training, and support revisions.
SourceDay paid for itself in less than 3 months…
– Louise Mayer
The SourceDay Approach
With SourceDay, Napoleon is able to see more accurate lead times and quantities so they can keep production plans on target.
By streamlining and error-proofing the acknowledgment process across procurement, accounts payable and vendors, Napoleon is able to improve on-time delivery.
Before SourceDay, inaccurate supplier invoices led to overpayments. With SourceDay, Napoleon can more closely monitor POs and see mismatches where they originate.
We can’t compete with New Orleans nightlife, but as far as procurement goes, consider us Louis Armstrong! From September 8-10,SourceDay will join Prophet 21 World Wide User Group Members in New Orleans for Connect 2019. If you’re planning to attend, don’t miss our breakout session “How Data Handicaps your ERP,” our exhibitor booth, and our Amazon Echo Show Giveaway.
Over the course of three days, we’ll hear from supply chain thought leaders from around the world, connect with WWUG members, and experience the city of New Orleans.
The event will be a whirlwind, but we hope you’ll make time to come and see us at booth #400.Learn about SourceDay and how our Saas solution can create transparency in your supply chain. We’ll also be hosting an Amazon Echo Show Giveaway. Stop by our booth and meet some of the SourceDay team to be entered for a chance to win!
On Tuesday, September 10, at 1:45 pm, hear from SourceDay experts in the session “How Data Handicaps your ERP.” Discover the importance of ERP data integrity and the impact that inaccurate supplier data has on scheduling, inventory, revenue, costs, and risks. Supplier Collaboration represents one of the largest external forces on your supply chain. Tighter communication on incoming materials significantly reduces risk. Learn the importance of focusing on PO acknowledgments, supplier collaboration, and managing change with suppliers.
Be sure to attend our session to be entered for another chance to win an Amazon Echo Show!
We hope to see you during the event! But if you can’t make it to Connect 2019, you can still get in touch with us by emailing firstname.lastname@example.org