TRANSPORT USE CASE
High-performing procurement for transport companies.
See how transport organisations can use Workday Strategic Sourcing to boost efficiency, support supply chain resilience and keep costs in check.
Key use cases.
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Streamline sourcing requests – enable procurement teams to partner with business stakeholders for critical initiatives like fleet maintenance and janitorial services. Use intake request forms to capture essential project details for sourcing fulfilment.
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Strengthen sourcing strategy and project prioritisation – manage and prioritise initiatives such as expanding sanitation practices or procuring PPE all in one place.
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Scale sourcing events – set up and publish RFPs/RFIs/RFQs, establish bidding activity with suppliers at scale, collaborate with stakeholders to compare bids and identify the best award scenario.
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Leverage reverse auctions – manage pricing for goods or services with the use of reverse auctions, enabling suppliers to compete for bids in real time.
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Improve supplier negotiations – analyse side-by-side comparisons of supplier bids and calculate savings based on the best possible business outcomes. Use actionable data and current market trends to provide real-time feedback to suppliers on how to improve bids.
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Automate contract management – centralise contracts in a common repository, gaining full visibility into all of your agreements. Collaborate on contract creation and revisions by seamlessly integrating with Microsoft 365®.
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Improve supplier onboarding and compliance – manage onboarding and data collection for your supply base, ensure critical supplier data is kept up to date for compliance and assign risk scores based on specific attributes.
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Support supplier performance – close the loop on the sourcing process through performance management, including quarterly business reviews and development plans.
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Validate savings – identify where savings are realised and how to avoid unnecessary costs. Attribute savings to specific categories or project owners.