When it comes to achieving sustainable business growth, procurement is a crucial piece of the puzzle for organizations across industries. Yet, it is often misaligned with the core goals and objectives. Enterprise procurement is also vulnerable to various pain points, like ineffective management of costs, mismanagement of the vendor/supplier system, and difficulty in procuring scarce supplies and its untimely delivery patterns.

There is also the issue of over-reliance on manual processes, especially in MRO (Maintenance, Repair, and Operations).

While a single solution may not fit all or address each pain point individually, an experienced digital supply chain solution provider and MRO aggregator can bring about a massive change in the way procurement works in your company.

The Moglix Difference  

Moglix is one such procurement and supply chain partner that leverages on-the-ground experience with advanced technology capabilities to digitize procurement, logistics, financing, and other related functions. The result is a unified system that seamlessly manages the workflows while eliminating errors and the need for manual intervention.

More organizations are realizing the benefits and reaping the rewards of digitization in their supply chain, logistics, and MRO functions. Tangible improvements led by Moglix Mid-Market include:

• Reduction in TAT in different procurement-related transactions
• Integration of different legacy systems into one centralized system
• Harmonization of processes and ways of workings across different units of the organization
• Digital tracking, reporting, and governance with 100% visibility
• Anywhere, anytime accessibility through a cloud-enabled web platform and mobile app
• End-to-end procurement of MRO products across 50+ categories

Proven Use Cases of Moglix Mid-Market

These are not abstract statements but proven, tangible benefits provided using the Moglix Mid-Market system. 

A global diversified heavy engineering and construction OEM desired to build an efficient supply chain that had 50+ suppliers for procuring 30+ categories of line items. The disparate legacy systems create a 2-4 days TAT in receiving offers/quotes from suppliers with another 2 weeks in the actual delivery of materials. In their current scenario, the monthly procurement spend was over ₹ 45 Lakhs per month. 

Through tech-enabled transformation and consolidation, Moglix’s Mid-Market digital procurement solution was able to bring all the various vendors onto a single platform with a 50% reduction in TAT for receiving quotes for ad hoc items with only 30 mins needed for the cataloged ones. The TAT for delivery of goods was brought down to a mere 4 days.  Apart from enhanced process efficiency, high visibility, and organized governance, the monthly spend was reduced drastically to approximately ₹ 20 Lakhs per month (less than half of the original).

Digitize Your Procurement And Save Big

Procurement transformation is a journey and requires a partner to hold your hand through each step in it. Contact us to know how you, too, can simplify procurement and fix supply chain challenges like other pioneering organizations.
Just send us your business query at mmsales@moglix.com.