Business Innovator Winner: With inflation, rising raw materials and logistics costs, and the risk of supply chain disruptions, Honeywell’s leadership wanted a better approach to manage predictably. They needed better collaboration between 1000+ buyers/planners and 4600+ suppliers. Honeywell selected SAP Business Network Supply Chain Collaboration to improve supplier collaboration in operational procurement, invoicing/payments, inbound logistics, and supplier quality. Honeywell onboarded these suppliers with a $13 billion spend (end of ‘23) to simplify orders, confirmations, shipping notices, and multi-order e-invoicing.
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