Company Overview
CMC is a leading producer of construction reinforcing materials used in highways, bridges, and public buildings worldwide.
Headquarters
Irving, Texas
Employees
10,000-25,000
Website
https://www.cmc.com/Value as a service
Challenge
With immense growth in Europe and Asia and several acquisitions, CMC needed more than ERP software to keep pace with its changing business model.
The procurement team spent most of their time manually checking purchase requisitions, generating POs, matching invoices, and setting up vendors in various systems.
Reliance on email and phone calls to manage suppliers resulted in late deliveries and slow operations.
Results
Unified all global spending data and processes into one centralized platform to enable a scalable and sustainable operational growth strategy.
Automation of manual tasks empowers procurement team members to move away from tactile work and grow professionally into more strategic roles that focus on addressing risky, high-value spending activities.
User-friendly tools, like a self-service portal and real-time messaging platform for PO confirmation, make it easy to onboard and collaborate with large and small suppliers.
“We’re seeing incredible increases in on-time deliveries and accurate electronic invoicing.”
— Randal Izzard, CMC Chief Procurement Officer
