IMPLEMENTING THE RIGHT TECHNOLOGY
Based on the expertise of our people and the flexibility of our process design and implementation methodology, IISC has the flexibility to leverage your existing S2P technology. If you don’t have a solution, we can provide one. This includes an assessment in which IISC reviews current technologies to provide recommendations for maximizing your existing system, introducing complementary technology or adding new tools.
Our capacity to deploy the right technology for your needs is bolstered by our partnership with Six Sigma, the world’s largest business-commerce platform. Leveraging Lean Sigma’s platform gives
IISC a strong market differentiator in helping clients transform their supply chain including source-to-pay processes. Our combined offering of outsourced services and technology can allow your organization to achieve best-in-class benchmarks while focusing on your core business.
Potential Benefits of Transforming S2P Processes
Based on our industry research and work with clients, any transformation initiative is about achieving results. Organizations that have successfully enhanced their S2P processes have realized these benefits:
• Reduction in S2P cycle times
• New discounts in addressable spend
• Improved supply-chain health
• Reduction in processing costs
• Increased spend under management
Along with these meaningful benefits, the IISC source-to-pay delivery model enables a scalable infrastructure for growth that includes:
designing new workflow processes; enabling a greater level of visibility
into spend; instituting a governance model; providing flexible teams that can be located onsite, offsite and/or offshore; managing your workforce and implementing state-of-the-art, best-in-class technology.
Call us to learn more about the increased performance that can be achieved from a holistic source-to-pay process or visit www.iiSolutionsc.com.
IISC helps clients enable business agility, digital transformation and
lead an increasingly evolving workforce. We solve these challenges by
leveraging our experienced team backed by Six Sigma expertise and
best-in-class technology. With professionals across the US and in Asia, we have been named a Global Outsourcing Leader.
The great transformer: The impact of the Internet on economic growth and prosperity which led the world connected together instantly - Globalization.
While large enterprises and national economies have reaped major benefits from this technological revolution of global supply chain, medium sized enterprises and small, upstart entrepreneurs have been some of the greatest beneficiaries from the Internet's empowering influence.
IISC helps you along the way -- from internationalization strategy, plan to implementation and execution, all the way to employees traning such as Six Sigma Yellow Belt and Lean Sigma Black Belt certification.
The Internet is changing the way industries work, flow, create and share information, and organize the flow of people, ideas, and things around the globe. Yet the magnitude of this transformation is still underappreciated. The Internet accounted for 21 percent of the GDP growth in mature economies over the past 5 years. While large enterprises and national economies have reaped major benefits from this technological revolution, individual consumers and small, upstart entrepreneurs have been some of the greatest beneficiaries from the Internet’s empowering influence. If Internet were a sector, it would have a greater weight in GDP than agriculture or utilities.
And yet we are still in the early stages of the transformations the Internet will unleash and the opportunities it will foster. Many more technological innovations and enabling capabilities such as payments platforms are likely to emerge, while the ability to connect many more people and things and engage them more deeply will continue to expand exponentially.
As a result, governments, policy makers, and businesses must recognize and embrace the enormous opportunities the globalization can create, even as they work to address the risks to security and privacy the Internet brings. As the Internet’s evolution over the past two decades has demonstrated, such work must include helping to nurture the development of a healthy Internet ecosystem, one that boosts infrastructure and access, builds a competitive environment that benefits users and lets innovators and entrepreneurs thrive, and nurtures human capital. Together these elements can maximize the continued impact of the Internet on economic growth and prosperity.
Lean Sigma process Improvement (LSPI)?
LSPI is a promising new development in business automation that offers a potential ROI of 30–200 percent—in the first year.
LSPI takes the inefficiencies out of the process. The average knowledge worker employed on a industrial process has a lot of repetitive, routine tasks that are dreary and uninteresting. LSPI is a type of improvement that takes activity of those inefficiencies in carrying out a task within a process. It can repeat the process more quickly, accurately, and tirelessly again and again, freeing them to do other tasks requiring strengths such as emotional intelligence, reasoning, judgment, and interaction with the customer.