Honda Motor Adopts Oracle Cloud ERP to Automate and Standardize Indirect Purchasing

Oracle Corporation Japan announced that it is helping Honda Motor improve the efficiency of its procurement for operations in Japan with Oracle Fusion Cloud Enterprise Resource Planning (ERP), optimizing the procurement cost of indirect materials.

Honda and its group companies are adopting Oracle Fusion Cloud Procurement, part of Oracle Cloud ERP, to consolidate purchasing of indirect materials for their operations in Japan. Previously, each company managed its own procurement systems and processes.

Standardizing on Oracle’s cloud procurement system enables Honda to adopt the latest best practices, and centrally analyze data for the efficient use of corporate resources. This will enable better planning for future procurement strategies and increase agility to respond to changing external factors and minimize additional costs.

In line with Honda’s 2030 Vision to serve people worldwide with the joy of expanding their life’s potential, Honda is engaging in new business areas while solidifying its existing businesses, which form its foundation. As part of these efforts, Honda has decided to reform its procurement operations for indirect materials in Japan to optimize costs and improve operational efficiency within its group companies.

To Read Complete Details Follow The Link below and 

Source Oracle Press:  https://www.oracle.com/news/announcement/honda-adopts-oracle-erp-to-automate-and-standardize-indirect-purchasing-2021-11-12/