Industries
Manufacturing
Overcoming Supply Chain Complexity in Manufacturing
Manufacturing companies often face challenges associated with complex supply chain environments, which significantly impact the way they manage supplier relationships. Procurement in these settings involves working with a variety of supplier types, sometimes based in different global locations, all of whom must comply with specific policies and timelines to provide widgets, components, and services essential for production.
Supply chain efficiency is critical for maintaining smooth manufacturing operations, meeting supply commitments, and staying competitive. One of the most effective ways manufacturers can optimize their processes is through intelligent automation of procure-to-pay workflows.
Automation- The Game Changer for Supplier Collaboration
When managing supplier interactions around shipments, manufacturers often rely on manual methods such as emails, phone calls, and Excel files to track data. This outdated approach is time-consuming, prone to errors, and inefficient—leading to potential supply chain disruptions and manufacturing delays.
Automation can significantly streamline supplier communications by increasing transparency in order scheduling, automating tracking and follow-ups, and providing clear, real-time guidance to both buyers and suppliers. It ensures that every process meets compliance standards and minimizes delays.
A Smarter Approach to Managing Complexity
To navigate the complexity of the manufacturing industry, a solution must recognize the uniqueness of each process, apply relevant business rules and policies, ensure compliance, and detect errors and discrepancies. A truly effective system must be holistic—considering each process within the broader procurement ecosystem to maximize efficiency and ROI.
“By providing real-time visibility to receivable worthiness and partnering with non-bank capital resources, Nipendo is expanding the range of available trade financing options at a time of great need.”
David Gustin
President, Global Business Intelligence and Managing Editor, Trade Financing Matters.
“We deployed Nipendo back in 2017 and found the Nipendo team extremely helpful and professional. We were able to continue working in our ERP system as before but saw a 180-degree shift in the way invoices were managed and in supplier relations. Before Nipendo, we manually processed invoices and keyed in data, had piles of paperwork, lost invoices, and missed payment dates. We now have full transparency into invoice processing and payment status, better supplier relations and an associated improvement in supply chain, along with overall improved organizational efficiencies.”
Yehudit Alkobi
Head of Finance Departmentt
“Nipendo enables interoperability between different supplier communication solutions (for example, electronic data interchange [EDI], supplier networks and e-invoicing), allowing enterprises to rapidly achieve over 90% straight-through processing of all supplier invoices directly to their existing ERP systems.”
Gartner
Cool Vendors in Integration, 2014
“Nipendo is the real deal when it comes supporting both application capability in P2P, such as e-invoicing and the connectivity or network layer itself.”
Jason Busch
Cool Vendors in Integration, 2014
“Admittedly, we were initially reluctant to deploy Nipendo, fearing it would add to our work and possibly require the hiring of additional staff. We would likely not have done so had our customer not required us. However, after deploying the platform using a B2B connection, we realized significant benefit from it and now urge our customer to expand the platform’s utilization. We find ourselves spending far less time around invoice submission and, since we have full transparency into the process and into invoice and payment status, we no longer need to call the customer directly. Our business processes have improved significantly, and we’re better able to plan ahead.”
Yakir Dvir
Chief Information Officer
“Before moving to Nipendo’s digital platform, we had to manually process hundreds of thousands of physical documents… we were sometimes late paying our suppliers… Nowadays the Electric Company receives the vast majority of invoices through Nipendo’s digital platform, which automatically examines them and provides intelligent validations… Once we started using Nipendo our work processes shortened and became more efficient. The number of people required to handle invoices was reduced and the company’s ability to comply with payment obligations to suppliers improved significantly.
Masha Alony
Head of Accounting Division
“The Nipendo platform has enabled IAI to significantly improve supply chain efficiencies and supplier relations by creating transparency, and by automating the bulk of documentation along with the proper validations. This has freed up our team to address more value-add challenges, has eliminated data errors, and has enabled us to meet our SLA vis-à-vis suppliers and customers. Beyond the technology’s ability to address complex matters, the Nipendo team has demonstrated drive, flexibility, and creativity. All of this has encouraged us to move into new areas with Nipendo and to strive towards making it a one-stop-shop for IAI and its global suppliers.”
Eyal Morad
Deputy COO and VP Supply Chain
“By providing real-time visibility to receivable worthiness and partnering with non-bank capital resources, Nipendo is expanding the range of available trade financing options at a time of great need.”
David Gustin
President, Global Business Intelligence and Managing Editor, Trade Financing Matters.
“We deployed Nipendo back in 2017 and found the Nipendo team extremely helpful and professional. We were able to continue working in our ERP system as before but saw a 180-degree shift in the way invoices were managed and in supplier relations. Before Nipendo, we manually processed invoices and keyed in data, had piles of paperwork, lost invoices, and missed payment dates. We now have full transparency into invoice processing and payment status, better supplier relations and an associated improvement in supply chain, along with overall improved organizational efficiencies.”
Yehudit Alkobi
Head of Finance Departmentt
“Nipendo enables interoperability between different supplier communication solutions (for example, electronic data interchange [EDI], supplier networks and e-invoicing), allowing enterprises to rapidly achieve over 90% straight-through processing of all supplier invoices directly to their existing ERP systems.”
Gartner
Cool Vendors in Integration, 2014
“Nipendo is the real deal when it comes supporting both application capability in P2P, such as e-invoicing and the connectivity or network layer itself.”
Jason Busch
Cool Vendors in Integration, 2014
“Admittedly, we were initially reluctant to deploy Nipendo, fearing it would add to our work and possibly require the hiring of additional staff. We would likely not have done so had our customer not required us. However, after deploying the platform using a B2B connection, we realized significant benefit from it and now urge our customer to expand the platform’s utilization. We find ourselves spending far less time around invoice submission and, since we have full transparency into the process and into invoice and payment status, we no longer need to call the customer directly. Our business processes have improved significantly, and we’re better able to plan ahead.”
Yakir Dvir
Chief Information Officer
“Before moving to Nipendo’s digital platform, we had to manually process hundreds of thousands of physical documents… we were sometimes late paying our suppliers… Nowadays the Electric Company receives the vast majority of invoices through Nipendo’s digital platform, which automatically examines them and provides intelligent validations… Once we started using Nipendo our work processes shortened and became more efficient. The number of people required to handle invoices was reduced and the company’s ability to comply with payment obligations to suppliers improved significantly.
Masha Alony
Head of Accounting Division
“The Nipendo platform has enabled IAI to significantly improve supply chain efficiencies and supplier relations by creating transparency, and by automating the bulk of documentation along with the proper validations. This has freed up our team to address more value-add challenges, has eliminated data errors, and has enabled us to meet our SLA vis-à-vis suppliers and customers. Beyond the technology’s ability to address complex matters, the Nipendo team has demonstrated drive, flexibility, and creativity. All of this has encouraged us to move into new areas with Nipendo and to strive towards making it a one-stop-shop for IAI and its global suppliers.”
Eyal Morad
Deputy COO and VP Supply Chain