How Novozymes Transformed its Indirect Procurement and Achieved a 31% Productivity Increase

With 48% of the market, Novozymes is the global leader in industrial enzymes and microorganisms, used in everything from detergents through biofuels to agriculture. However, poor procurement practices were having an effect on the business side.

The Challenge:

  • Espouse purchasing policies to remediate the more than 60% of spend being allocated to non-preferred suppliers

  • Enable indirect procurement to prevent situations in which more than 3,000 new suppliers were being created each year

  • Improve compliance through automation and improvement of procurement technology

See how Novozymes made it “easy to be a Zymer” by transforming their procurement process.

 
Previous Flipbook
SEB Drives Compliance and Savings with Procurement System Upgrade
SEB Drives Compliance and Savings with Procurement System Upgrade

See how SEB was able to adopt an updated user experience while boosting customer satisfaction and capturing...

Next Flipbook
From pushing paper to pushing the limits of healthcare
From pushing paper to pushing the limits of healthcare

NHS Shared Business Services needed to implement an e-invoicing and AP automation solution to digitize 30,0...