Source:
Corcentric, a leading global provider of best-in-class procurement and finance solutions, announced today that ANJAC Health & Beauty Group, a French industrial group and a leader in the formulation, manufacturing, and packaging of products for the health, beauty and dietary supplement sectors, has selected Corcentric’s Source-to-Contract solution to digitize all of its procurement (production and non-production). This strategic partnership marks a key step in optimizing and digitally transforming procurement across the group.
With the Corcentric solution, the ANJAC Health & Beauty Group aims to:
- Centralize supplier management through a single repository integrating Corcentric’s SRM
- Optimize supplier risk control by automating performance assessment and monitoring
- Standardize and share purchasing catalogs to improve accessibility for all buyers.
- Digitize contract management with a contract library integrating electronic signature
- Streamline and accelerate indirect calls for tenders using Corcentric’s e-Sourcing module, which offers advanced competitive bidding features.
- Strengthen compliance and transparency by consolidating all information and processes within an integrated solution
“Creating a POC based on ANJAC data allowed us to immediately demonstrate the added value of our solution,” said Xavier Pierre-Bez, Vice President, Business & Operations EMEA at Corcentric. “The enthusiasm of the purchasing teams and the alignment with their expectations were strong signals. Beyond the technology, our project methodology made the difference to ensure a rapid and efficient implementation.”
“This partnership with Corcentric marks a decisive step forward for the ANJAC Health & Beauty Group. It will allow us to unify our processes, increase transparency, and improve our operational efficiency. This digital solution will provide us with the agility needed to support our growth and strengthen collaboration between all Group companies and our Partner suppliers,” comments Nicolas Jung, Purchasing Director of the ANJAC Health & Beauty Group.