India’s Alloy Steel Producer Empowers with Raapyd Vendor Management Portal

13-Sep-2024
 

India's Alloy Steel Producer Empowers with Raapyd Vendor Management Portal

India’s leading steel producers of special bar-quality alloy steel reached out to Accely for assistance in its business operations. The brand, a center point of innovation and quality, faced continuous difficulties in streamlining its operations due to a hindrance in the supply chain.

However, that’s where Accely stepped in as a digital transformation partner for the alloy steel manufacturer. As its transformation partner, Accely suggested several measures to amplify the core strength of manufacturing operations.

Steps Involved in Amplifying Production & Distribution

Pain Point

Effective distribution of their products was a key hurdle to the operations of the alloy steel manufacturer. Lack of transparency in the supply chain and delays in updates from different vendors slowed operations, resulting in lower revenue and affected brand visibility in the market.

Plan of Action

We analyzed the company’s critical pain points, targeted its core strengths, and later focused on improving the overall aspects of its operations. Our team started by thoroughly reviewing its production and then moved on to the later distribution stages.

We later integrated Raapyd’s vendor management system into the manufacturer’s operation, following which they were able to:

  • Access to Automated Processes

Cloud-based automated procedures allowed the firm to access different operations, such as project management, sourcing, onboarding, offboarding, screening, billing, and assignment management.

  • Better Compliance

Their data was shared on a single platform, allowing infinite audit trails. The process could also be used for other crucial reminders important for businesses.

  • Payment Mobility

Access to payment processing, expense reimbursement, and time tracking features over a desktop or mobile device.

Future With Accely

Accely’s evolution as a leading digital transformation partner has helped several organizations streamline their business operations. Over the past years, we’ve been at the forefront of technical innovation, with over 1000+ projects globally.

Want innovation with excellence for your business? Drop us an email at info@accely.com