Transform your sourcing and procurement processes for direct materials using Quor Eka Cloud Solution
Quor Eka Source to Pay solution is custom-built for direct material procurement, sufficiently equipped to deal with the complexities of the metals & mining industry. Although this industry has taken several steps towards standardizing the procurement processes, still it struggles with complexities brought on by the reliance on outdated systems.
Complex product specifications, assaying rules, ambiguous tolling contracts, and evolving regulatory environment are significant challenges faced by metals and mining companies. Key challenges for sourcing and procurement of direct materials:
- Complicated procurement and sourcing process
- Difficult to collaborate with supplier
- Higher turnaround time
- Delay in decision making
To effectively deal with these challenges, today’s metals and mining industries are adapting to newer technologies via robust enterprise solutions and integrations.