Multi-Level Contract Enablement in SAP
Fashion Businesses need agility in their supply chains to strike a balance between long procurement lead times, short sales window, quick changing consumer demand, and assuring firm purchasing commitments to vendors to meet the demands of today’s consumer that expects fast adoption of trends, always available inventory and low prices. Further, this delicate balance is highly vulnerable to the supply chain disruptions observed recently. Striking this balance has become even more challenging now, especially with Fast Fashion where we are typically seeing many seasons within the year and not just the usual spring, summer, fall, and winter. Businesses are thus tasked with optimizing their procurement practices to make it possible for companies to become more accurate in forecasting and to manage their vendor relationships better, whilst ensuring they get the products delivered to meet customer demands on time. The Multi-Level Contract Enablement solution from SAP makes this a r...