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On-Time Delivery Control

Understanding the Importance of Controlling Supplier and 3PL On-Time Delivery for Indirect Spend

Posted on by Daniel Lansky
Taming the beast of Indirect Spend
Understanding the Importance of Controlling Supplier and 3PL On-Time Delivery for Indirect Spend Controlling On-Time Delivery (OTD) of GNFR purchases is a major means to protect and safeguard the enterprise’s valuable capital. Late deliveries and failures to deliver can negatively impact operations and prevent the on-time completion of mission critical projects resulting in huge losses. Gaining control of On-Time Delivery to mitigate these risks is critical. What Is On-Time Delivery C...
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Understanding the Difference Between P2P and On-Time Delivery Control for Indirect Spend

Posted on by Daniel Lansky
Understanding the Difference Between P2P and On-Time Delivery Control for Indirect Spend P2P (Purchase-to-Pay) and On-Time Delivery Control systems are often mistaken as being identical, but in fact, they are fundamentally different. P2P is the financial processes connecting purchasing to invoice settlement whereas On-Time Delivery Control ensures the on-time delivery of purchases. Neither system competes with the other, but instead are entirely complementary. When implemented together, ...
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