Regional workshop 2023

[Virtual Presenter] Good morning everyone. I am delighted to present to you the Regional Workshop 2023 about Digitalization in Digital India. We are here to discuss the challenges of manual processes, brainstorm solutions, and explore how to turn manual workflows into automated ones. Let's get started and take a look at what the future of digitalization holds for the region..

[Virtual Presenter] In the Indian region, manual processes are becoming increasingly inefficient and can waste resources, take up a lot of time and lack transparency, consistency and efficiency. Therefore, digitalization is the best solution. It can save time, energy and money, while also boosting accuracy and efficiency. To gain these benefits, it is necessary to make the switch and go digital as it is revolutionizing the way the world operates..

[Audio] ME @ EAP is an approach to improving efficiency and reducing costs in the digital age. Request for Quotations, Vendor Registration, and Purchase Summary Report are key steps to ensure that all stakeholders are enabled. Once these steps are completed, the Process to Process process can be enabled, with the help of SiSo, LPO, CM, and Adv, to enable strategy and decision making through Contract Monitoring..

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[Audio] As we approach Regional Workshop 2023, a key consideration for businesses in digital India is digitalization. Ensuring RFQ maturity and nomination through digitalization is essential for companies to remain competitive. Digitalizing operations ensures they are up to date and efficient, offering businesses the chance to remain competitive in the ever-changing digital ecosystem. This is a chance that should not be overlooked..

[Audio] Digital transformation of India presents an opportunity to leverage digital technologies. The Regional Workshop 2023 offers a possibility to gain new insights from regular business status reviews. To help business owners comprehend the performance of their businesses more effectively, we have created an online project steering report. This report encompasses a thorough view of the project's performance, with details such as daily turnover, customer sentiment, and average response time. This report aids businesses to scrutinize their investments, and also make decisions based on their interpretations..

[Audio] Digitalization of India allows businesses to replace paper-based processes for budget and approval with digital ones. An online RFQ maturity tool offers automation of approvals with ease and efficiency. It provides greater visibility and control of business processes. This tool helps companies to lower operational costs, save time and increase productivity..

[Audio] Organizations must secure complete transparency and buy-in from their management regarding compliance and data protection, in order to keep up with the fast-paced digitalization of our present world. Ensuring these procedures are in place assists in forming a safer and more secure workplace for everyone involved..

[Audio] When it comes to digitalizing India, centralizing Request For Quote documents, as well as Bidders and their details, is essential. Having a system that provides timely access to important documents and the details of the bidders is the ultimate answer to this. Such a system provides the basis for successful regional workshops and progress in India's digitalization..

[Audio] Today, digital India is at a turning point in the advancement of digitalization. The ability of businesses and individuals to take advantage of digital services, technologies and data-driven applications in order to increase efficiency and competitiveness is becoming increasingly essential. To this end, digital India is launching a regional workshop to discuss how businesses and organizations can utilize the digital transformation process to efficiently control, purchase and approve purchases. This will ensure a four-eyes audit proof documentation process that is secure and compliant with all applicable regulations. The workshop will allow stakeholders to discuss best practices and promote the adoption of digital India's digitalization objectives..

[Audio] Businesses have been able to abandon their paper-based manual approvals and registration processes thanks to the online Vendor Code Registration tool. This tool has allowed for improved tracking with real-time updates, smoother workflow for faster response times, and better customer service quality. Going paperless benefits businesses by saving costs, time, and paperwork while also being highly secure and user friendly..

[Audio] Digitization of India presents a great chance for businesses to boost their efficiency. BMW and its suppliers can leverage this opportunity through their registration process. By storing all related documents securely in a single database, it will simplify the process and allow them to invest more effort and resources into the project..

[Audio] Digital transformation is of utmost importance in the world, especially in India. To ensure successful implementation of new technologies, regulatory compliance and approval procedures need to be checked and feedbacks need to be given, whether in form of agreements or exceptions. This is necessary to ensure that new technologies are correctly implemented and that any possible risks are reduced. The slide outlines the procedures for this..

[Audio] The Indian economy has been able to increase efficiency, improve decision-making and reduce costs through digitalization. Business and Purchasing approvals are a key part of the digital transformation, providing 4-eyes principal and audit proof documentation along with formal closure of requests by Finance. This process enhances efficiency, transparency and security of business transactions, giving greater visibility and oversight into procurement processes..

[Audio] Moving towards digitalization of manual processes is essential to create more efficient ways of working. In India, digitalization has the opportunity to increase the speed and accuracy of approvals, as well as reduce the amount of time spent on manual processes. Digitalization can create greater accessibility, improved security and greater operational efficiency, leading to a more effective and collaborative workplace..

[Audio] We focus on contract change management in this slide. Providing complete information on original nominations and any changes required organizes the process. Our approval matrix includes Business, Purchasing, Controlling and CFO to always consult with necessary stakeholders. This ensures changes get implemented quickly and effectively, leading to optimal results..

[Audio] Digitalization is having a profound impact on India, bringing with it new challenges and opportunities. This workshop seeks to identify and explore ways to automate the request and approval process for businesses and CFOs. The idea is to simplify the current request and approval system, making it faster and more cost effective, while also reducing the number of requests and approvals. To do this, we will evaluate a range of single sourcing processes combined with cutting-edge technology and methodologies. If implemented appropriately, this approach should improve accuracy, increase efficiency and productivity, and ultimately create more opportunities for growth and success..

[Audio] With the progression of digitalizing India, the ability to approve purchase orders punctually has become more and more vital for businesses. Prior to digitalizing, late approvals were often overlooked, but now the CFO is inspecting all cases to stop any irregularities from occurring. This has been achieved through the new Business Director and CFO approval system, which has served to standardize purchase orders..

[Audio] Digitalization is having a deep impact on India. At this regional workshop, we will look at how utilizing digital CAPEX forms with Controlling and CFO approval can improve efficiency and increase value. We will look at the things to consider, as well as possible inventive solutions that can be implemented to ensure investments are managed appropriately. Join us to hear how we can use digitalization to succeed in India..

[Audio] Digital advancements in India are boosting business processes through digitalized advance requests. Streamlining the approval process for the CFO, Purchasing, and Business divisions enables companies to obtain authorization rapidly, resulting in improved productivity and quicker delivery..

[Audio] Our goal is to utilize digitalization to help streamline your business and purchasing operations. This regional workshop is designed to explore the possibilities of a real-time excel based contract management tool. By incorporating this tool into your strategy, you can better strategize your sourcing approach, manage and monitor contract performance, and anticipate changing market conditions. With the right tool in place, your business and purchasing operations can be more efficient and cost-effective. Let's explore how this digitalization can work for you..

[Audio] This slide underscores the importance of having the right tools to gain meaningful insights. Our tool provides real-time information on contract consumption, as well as the ability to quickly view contracts expiring in the next 0-12 months with a single click. This makes it easier to plan ahead, giving you more control over the resources and people you need to continue developing and scaling your business..

[Audio] Businesses still heavily rely on manual processes, even with the introduction of new technology. However, the Enterprise Application Platform is providing a more efficient alternative. It is now being used as a 100% planning tool, allowing companies to create more streamlined workflows and the capability to implement changes quickly. This means that manual labor is becoming less necessary and businesses can see improvements in efficiency and cost savings. The EAP is enabling businesses to reach a new level of digital transformation..

[Audio] MG-CS-IN provides a secure online intranet page that can be accessed from NSC, NFSC and Plant configurations. This intranet page allows you to stay informed about the latest news and to collaborate with your peers on projects, share documents, and more. Utilize this intranet page to maximize your workflows and MG-CS-IN will manage the rest..

[Audio] Thanks for attending this meeting. MG-CS-IN is presenting a regional workshop, in 2023, concerning the digitalization of manual processes in the cleaning industry. ToolSense News has reported on the implementation of digital solutions in the cleaning industry, and the advantages they bring. These solutions can help create a more efficient organizational structure and improve services. Additionally, they can help reduce costs and save time, making them a great choice for businesses in the industry. I hope you found the information in this presentation useful..