Enventure announces contract extension to enhance the procurement process for a leading integrated supply chain solutions company in North America

January 8, 2021

Portsmouth, NH; December 20, 2020 – Enventure has signed a contract extension with an integrated supply chain company in the United States of America, with warehouses across the globe. As per the extension contract, Enventure helps its client in purchase order (PO) tracking, order confirmation, and delivery in 15 regions globally. There is an increase from 10 regions to 15 regions. Also, the team size has increased significantly to manage smooth project management.

The client manages warehousing facilities at multiple locations for large manufacturing companies across the globe. A large number of suppliers and the need for decentralized operations obliged a comprehensive solution for effective Purchase Order (PO) tracking, order confirmation, and procurement expediting.

The procurement and expediting team, operating in various time zones, monitor order status progress, and ensures that the MRO materials are delivered as per agreed terms. In the past couple of years, Enventure has been successful in achieving a 20% increase in order confirmations and a whopping 15% reduction in the past due to deliveries. This achievement has triggered the client to extend the contract with no additional frills but with increased resource requirements for additional 5 regions outside North America and Europe.

“We are thrilled to deliver great success to our client in the past engagement, and with this contract extension, we will only be making it better. Enventure will help the client transform their procurement process and enhance the supply chain efficiency for the years to come. With a long-standing relationship, we are also expecting additional projects covering Procure to pay cycles, such as Vendor Identification, Vendor Onboarding, and Invoice Reconciliations.” Says C.K. Bharathan, Head of MRO Solutions, Enventure.

About Enventure: Enventure Engineering (enventure.com) is a privately held, ISO 9001:2015 & ISO 27001:2013 certified Engineering and Supply Chain Solutions Company, with full-fledged delivery centers in India. Enventure has been serving its clients in North America and Europe since 1997. Today Enventure is a preferred supplier of engineering and master data management services to a fortune of 500 companies, across different industry verticals such as Hi-tech Electronics, Oil & Gas, Water Treatment, Automotive, and Industrial Manufacturing. Enventure provides a wide variety of services to Clients, in areas such as Plant Design Engineering, Building Engineering, Master Data Management, MRO Data Services, Component Engineering, Environmental Compliance Support and Product Design.

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