Streamlining Purchase Order Processing

A project was done to reduce the delays in processing the purchase orders. The average TAT was about 10 days. Key issues identified were non-standardized format of POs, multiple level of approvals, recon between multiple systems. Project included implementing a consolidated view of data from multiple sources of data, rationalizing the approval levels and standardizing the PO format. These initiatives led to TAT being reduced to 3 days, enhancing supplier relations.