Supply Chain Management

The purpose of SCM (Procure-to-Pay) process is to select, procure and pay for the services and materials required for safe and reliable company operations in the most cost effective manner. It includes the following:

  • The process of identifying the material and service needs of the company;
  • The procurement processes that ensures the quality of the materials and services and the most beneficial commercial terms available in the market;
  • The management of physical and virtual inventory to meet the requirements of safe and continuous operations;
  • Managing supplier relationships, including timely payments, to optimize timely and cost-effective access to materials and services.

The SCM process also provides:

Advice and support to the Line Departments on all aspects of contracting activity, from Procurement Planning, Contracting Strategies, Tender Preparation/Planning including effective interpretation/application of the Contracting Policies and Procedures, up to contract award and close-out;

Assurance to the Corporate Management and Tender Board that an effective Contracting framework is in place, and applied consistently across the Company

Veritas’s Supply Chain services will assist you with the full range of process, technology and people change levers essential to building durable competitive advantage through these key services:

  • Manufacturing Operations
  • Integrated Planning
  • Supply Chain & Operations Strategy
  • Logistics Management & Network Optimization
  • Product Costing, Tax Efficient Supply Chain Management &Transfer Pricing
  • Change Management