Moglix Transforms FMCG Giant Unilever Procurement’s Contract

Fast-moving consumer goods major Unilever has automated its procurement contracting system by integrating a tool developed by online business-to-business (B2B) industrial goods marketplace Moglix.

The tool called iCAT, short for intelligent contracting automation tool. It is a cloud-based software solution that consolidates and automates large volumes of contracts, Moglix said in a statement. The Noida-based company claims that iCAT will make Unilever’s contracting process collaborative, efficient and accurate for its clients.

Image Source: Google

For Unilever, which has more than 1,500 procurement professionals, operating at over 100 countries and managing $20 billion annually, processing contracts at such a scale were time-consuming and effort intensive. This led to a long turnaround time for the procurement team and reduced operational efficiency.

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