SIX SIGMA & CHANGE MANAGEMENT AT A.T Kearney
EXECUTIVE SUMMARY
This document proposes a plan to standardize the procure-to-pay process in order to improve payment delays, rework invoices, and missing documentation. The plan is expected to save 30-35% of FTE hours and reduce payment delays by 20-25%.
The scope of the project includes:
- Identifying the root causes of payment delays, rework invoices, and missing documentation.
- Mapping the value stream of the procure-to-pay process in SAP and Esker platforms.
- Analyzing Esker reports and FTE hours to identify areas for improvement.
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ABOUT
The analysis identified several areas for improvement, including:
- Implementing scheduling agreements for direct material orders.
- Adopting a Master Supplier and GR Pendency tracker to reduce ownership gaps.
- Implementing 3PL penalty charges for incomplete shipments.
Expected Benefits
The expected benefits of implementing these recommendations include:
- Reducing payment delays by 20-25%.
- Saving 30-35% of FTE hours.
- Reducing rework invoices by up to 30%.
- Improving supplier relationships.
Year
2022
Client
A. T KEARNEY
Services
CONSULTING
Project
STANDARDIZE PROCURE TO PAY
Description
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