The Client: A leading automotive supplier who partners with major vehicle manufacturers worldwide to supply climate control, interiors, lighting, and electronics parts. With 26,000 employees, they run more than 50 facilities in 27 countries.
Business Problem : In a constant drive to streamline and improve processes, the company was looking for a solution to reduce complexity and increase efficiencies in spending patterns, procurement, and project management.
Solution : Emtec designed and deployed a PeopleSoft Enterprise Finance and Supply Chain solution that consisted of Project Costing, eProcurement, Asset Management, Inventory, Accounts Payable (AP) and General Ledger modules.
Results : The company now commands greater control of its procurement and project-management practices. Managers can now easily aggregate and analyze individual vendor spending patterns, then negotiate consistent payment rates across-the-board, reaping cost savings.