Letter from Flex’s Chief Procurement and Supply Chain Officer
Flex is committed to increasing our customers’ competitiveness by building faster and more cost-efficient supply chains. To this end, we’ve launched a global initiative aimed at increasing supply chain visibility and collaboration with all of our partners.
Our goal is to fully automate and integrate procure-to-pay transactions: forecasts, purchase orders, acknowledgments, shipment notifications, and invoices. This will create a more competitive environment for our customers in areas of cost, risk, and speed. Flex and our supplier partners will also benefit from greater responsiveness, fewer errors and greater visibility through the sharing of real-time supply chain information. To date, more than 1,500 key suppliers are fully automated.
We understand that each of our partners has different capabilities; therefore, Flex offers several E-commerce solutions, ranging from direct B2B to SaaS B2B with certified third-party service providers. To learn more about our E-commerce solutions, please read through this section of our website.
We look forward to your company’s support in becoming compliant with our global E-commerce initiative, and to the continued strengthening of our partnership as we move forward with this, and other initiatives.
Chief Procurement and Supply Chain Officer
Electronic Data Interchange (EDI)
Business-to-business integration, more commonly known as EDI (electronic data interchange), can be credited with dramatically improving efficiency and slashing error rates across all data exchanges that exist among supply chain partners.
The EDI vendor selection process can be complex, and is complicated further by the fact that there are over 250 vendors operating in North America alone. Unlike other supplier enablement programs, Flex’s EDI program does not mandate a one-size fits all approach. Instead, it but supports suppliers’ decision processes by showcasing multi-tier, multi-platform, and multi-vendor solutions, enabling suppliers to choose the right solution for their organization.
Integrated and automated business transactions are a top priority for Flex, but why stop there? Our supply chain is complex and our mission to make our OEM customers more competitive. In order to accomplish this, we have to keep our operations up to date with the latest technology and supply chain innovations, and we hope that our suppliers think and operate the same way.