DRIVING OPERATIONAL EFFICIENCY THROUGH DIGITAL TRANSFORMATION

Moglix is an Asia-based e-Commerce company that is intensively inclined towards B2B procurement of industry essentials. Rahul possesses a rich experience in technology and missions to make $100B impact on Indian economy with revolutionizing every aspect of B2B commerce and technology in this process.

- Rahul Garg

As we enter the digital age, the industry is thinking of ways to become more efficient, deliver cost reductions to their customers, and become more competitive.

With today’s customers being better informed/connected, there is a rise in their expectations and an increased demand for personalization and customization. This, in turn, drives complexity to supply chain, requiring agility and multi-party orchestration.

For organizations confronted with increasing global competition, price volatility, and cost reduction pressures, a digital technology-focused procurement strategy becomes critical to the success of an organization. Such a strategy reimagines the supply chain to upgrade its role from tactical procurement to one that is value-driven and aligned to business goals.

84 percent of procurement organizations believe that digital transformation will fundamentally change the way their services are delivered over the next three to five years. Yet only 32 percent have developed a strategy for getting there - 2017 Key Issues Study, The Hackett Group.