Topic > Warehouse Procurement Case Study - 1561

Warehouse services are provided centrally with access to supply market information. There is visibility into spend, compliance and performance. Resources, best practices, expertise and expertise are shared. Select the maturity level that best describes your warehouse procurement technology. * LEVEL 1: No use of enabling technologies in the management, administration and execution of contractual functions. LEVEL 2: Use of technology-enabled applications is limited to basic functionality (Contract Repository, Document Mgmt. Sys.). Various components of the technology-enabled landscape (creation, redlining, negotiation, sourcing execution, etc.) are either unavailable or have not been enabled/configured for use. LEVEL 3: The formal contract lifecycle management strategy is in place but is not actively executed or administered. LEVEL 4: Established governance and controls framework, enabled through the use of integrated tools and features (e.g. workflows, alerts, etc.). LEVEL 5: High usage of technology-enabled applications across all functions (contract creation, negotiation, document management, procurement execution,