The opinions expressed herein are subject to change without notice. Further, the abundance of disruptive, emerging, and innovative technologies are endless. In 2016, published its fourth annual. As it moved down that priority list, in some case the company found, for example, that a given variation or factor was rare enough it wasn't worth the effort to try to fix it. Gartner shall have no liability for errors, omissions or inadequacies in the information contained herein or for interpretations thereof. Accenture worked with Vodafone to identify specific areas for improvement and the initiatives to address them. In addition, the Vodacom Code of Conduct clearly outlines Vodacom's zero tolerance to any form of bribery.
Of all the companies to win their individual categories, Vodafone stood apart from the field. From that data alone, Celonis was able to perform some rather incredible analysis on how the procurement process unfolds at the company. That accounts for maybe another 10% of procurement cycles. The health and safety of our employees and suppliers is of utmost importance to us and is key to ensuring a responsible and sustainable business. System users now have a single, streamlined online tool that, among other advantages, helps them respond faster, work with greater agility and collaborate more effectively with suppliers and other stakeholders. Through this initiative, Vodafone has generated notable value in all of its category areas, but what steps did the company take to achieve such success? It relies on new approaches that use sensor technologies, new analytic capabilities and simulation techniques to not just sense and respond, but anticipate and act. Vodacom Group is a subsidiary of the multinational Vodafone and we've aligned purchasing processes and practises across the Vodacom and Vodafone territories in which the companies operate.
These reduce trust in the company, possibly putting an end to future opportunities. Key to building a smart city is the ability to absorb and analyse vast amounts of data streaming from sensors, drawing insight from that data in order to enable city departments, and citizens alike, to make the most of that information in their daily affairs. And remote monitoring of medical equipment ensures it is ready to use when needed. The analysis therefore also allowed Vodafone to focus on areas of factors that were driving the largest number of variations. Accenture trained the entire supply chain organisation in a totally new toolset that for the first time made the whole sourcing governance process available online. The information available on the website is subject to change, update, revision, verification and amendment without notice and such information may change materially. Our Anti-Bribery policy sets out examples of conduct that could amount to an offence under Anti-Bribery Laws.
The programme even offers free-to-use e-invoicing tools. Creating a single Category Management system and driving adoption through a concerted change management programme has delivered broad benefits. Vodafone commissioned the study completed by , based on 1,096 interviews across 17 countries. Ready Manufacturing solutions have been tailor-made taking into account the unique challenges faced by the manufacturing industry like ensuring a smooth supply chain and coordinating across assets and geographies. What do you think of this process analytics approach? Summary Vodafone has achieved significant benefits from implementing global e-sourcing: The company's spend for reverse auctions is at least 30 times the average per organization, and its annual average for e-sourcing events is 800 per year, compared to an average of less than 100 for most organizations. IoT can also improve medication adherence, where connected medicine cabinets automate prescription renewals. The solution can even predict the impact of weather on goods as they travel along a supply chain as well as predict asset availability and provide advice for avoiding areas where assets are prone to damage or theft.
Though Vodafone was not selected for the winner or runner-up positions, it was an excellent case study nonetheless. Product portfolios evolving towards structurally more complex biotechnology drugs, stricter regulations, extended geographic coverage, increasing risk of theft and intense cost pressure is significantly raising the stakes. Vodafone is committed to attracting, developing and retaining the very best people by offering a flexible, motivating and inclusive workplace in which talent is truly recognised, developed and rewarded. Through this we benefit from economies of the scale and scope of purchasing activities across the Vodafone Group and are able to work closely with suppliers to tackle issues of human rights, fair labour practices, environmental protection, energy, climate change, health, safety and sustainability in our supply chain. The Celonis tool told Vodafone that too.
With this great insight, Vodafone has been able to reduce procurement cycle times by 20%, and reduce total procurement process costs by 11%. Its's easy and free Enter your email below to subscribe: Join the thousands of supply chain, logistics, technology and marketing professionals who rely on Supply Chain Digest for the best in insight, news, tools, opinion, education and solution. The new Mobile Asset Optimization solution uses to enable clients to better manage supply chains. Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. We demand high ethical, health and safety, social and environmental standards of all our suppliers and we work with our suppliers to achieve and improve adherence and performance through continuous monitoring, assessments and engagements. So that you can continue to make more, while Vodafone manages the rest. The information contained herein has been obtained from sources believed to be reliable.
That was the question German wireless phone giant Vodafone's wanted to know, and it looked like a big effort, as Vodafone issues some 1. Want more research like this? What happened the other 62% of the time? The principal functional areas implemented in the new system addressed Category Management, Saving Methodology, eSourcing and Contract Management. Analytics is the next step in the journey. These were aligned with the key executive imperatives that the new organisation and its capabilities would need to deliver. See More Below about Softeon's Innovative Supply Chain Solutions There is more - the tool allows root cause analysis, such as filtering any result by commodity type, vendor, buyer, region, country, etc. Although Gartners research may discuss legal issues related to the information technology business, Gartner does not provide legal advice or services and its research should not be construed or used as such. All suppliers are required to endorse these codes and policies before commencement of work at Vodacom.
We have various initiatives that address protecting the health and safety of employees and suppliers at work including adherence to Vodacom's Absolute Rules regarding Occupational Health and Safety, More information on these initiatives can be found in the Human Capital Report and Stakeholder report. Our is contributing further to ensuring that we remain fair to our smaller suppliers. Vodafone provides sensors and hardware to capture location data from assets in a supply chain, such as specialized containers, racks or trailers. This is supported by a uniform savings methodology applied across all operating companies and the alignment of objectives across all material categories, operations and enabling functions. In fact, the top 10 process variations accounted for more than 80% of total variations, as the inevitable Pareto principle proved itself again. What oher areas of supply chain might also benefits from being X-rayed? For example, just 38% of the time did a given procurement action at Vodafone adhere to the standard process, which involved some10 steps between purchase requisition and goods receipt.
You will get to work with a fun, diverse and driven team who love what they do and a leadership team who listen, support and inspire you to be your very best! The solutions use IoT technologies to help clients make smarter, data-driven business decisions. The transformation of the supply chain organisation into a single community under one leadership and the application of global material category strategies, in conjunction with local market expertise, have enabled savings across all operating companies. Is such insight and opportunity hidden in your company's procurement data? Data is the lifeblood of the Internet of Things. The publicly announced goal to save 8% of the external networks spend over two years has been overachieved. Almost two-thirds of suppliers to whom it has been offered so far have adopted the programme.
Judges scored it consistently high in all the key areas — success-defined objectives, internal alignment and innovation, and it was ahead of the pack when it came to supplier onboarding. Get immediate access to premium contents. Further detail on this can be found in. For more information on the global outlook on Responsible supply chain practices from a Vodafone perspective,. Smarter city infrastructures to provide improved citizen services Implementing a smart city infrastructure offers tremendous advantage and benefits across the board — providing solutions to traffic congestion issues, efficiently managing utilities such as water and electricity. Let us know your thoughts at the Feedback section below.