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Supply Chain Management: Intel IT Best Practices

Improved process leads to increased discounts equaling tens of millions in savings

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A recent SAP Insider Profile highlighted Intel’s capital supplier payment processes. This process wes hindering the business’s ability to procure and pay for equipment quickly and take advantage of the prompt payment discounts available – only capturing roughly 50% of the available discounts. After implementing an event management application, the discount capture rate has increased to 95%, exceeding corporate goals and resulting in tens of millions of cost savings each year.