Signify Automates, Standardizes and Innovates in Procurement
Lighting is an extremely competitive market. To lead, you have to manage your time well, particularly when unexpected events occur – and in recent years we have seen plenty of these, such as COVID-19, shortages of key components and soaring freight and energy costs. “Managing these risks takes time and effort. To lead, you also need to innovate constantly and to do this you need a robust procurement platform to onboard and manage the best suppliers,” says Arnold Chatelain, transformation program director at Signify. “When a risk event occurs, it’s not sufficient to know about it. What really matters is how you respond to it. For example, if your capacity is down because of a fire at a factory you need to find capacity elsewhere. And to do that you need to know which suppliers can provide the components quickly and in the required quantity. This is why it’s important to us to have JAGGAER One, our source-to-pay platform, and Sphera SCRM, for managing supplier risk, integrated,” says Rob van Grinsven, procurement leader performance and compliance at Signify.
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