InspireXT Enables Oracle Procurement Cloud Success for Dechra Pharmaceuticals

Dechra Pharmaceuticals is a global leader in the animal pharmaceuticals industry. Dechra operates manufacturing facilities across the UK, European Union, United States and Latin America. The company’s operational model combines in-house production with contract manufacturing.

Challenges

The Opportunity

Solution

The Solution

Results

The Outcome

The Opportunity

  • Supplier communication and collaborations.
  • Manual registrations, paperwork, and back-and-forth communication delay supplier activation.
  • Controls on procurement spending.
  • Master record for the agreed purchase price based on price breaks not established in the system.
  • Paper based indirect/expense procurement with lack of control on spending.
  • Demand-Supply Mismatch.

The Solution

  • The Supplier Portal is enabled to facilitate real-time collaboration between suppliers, buyers, and procurement teams.
  • A self-guided supplier registration process was implemented to streamline onboarding, allowing suppliers to enter and submit all required information through a secure registration URL provided by the Supplier Management team, with audit history.
  • Document (multi-level) approval based on product/service category, amount and job level.
  • Implemented Blanket and Contract Purchase Agreement solution to streamline.
  • Self-service procurement for expense item/service procurement with smart form.
  • Oracle SCP forecasts future demand and automatically generates procurement suggestions to ensure availability.

The Outcome

  • Improved demand fulfilment and optimized procurement timing.
  • Real-Time Supplier Collaboration with improved visibility and accountability to faster procurement Cycle.
  • Faster onboarding, Improved data accuracy and better compliance and control.
  • Streamlined approval workflow improved the stronger governance and control with faster turnaround time.
  • Streamlined maintenance of agreed prices and notifications for renewal nearing to the expiry date.
  • Streamlined expense procurement process resulting in tighter control on spending.
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