Smart Business Buying for Automotive Organisations
Automotive organisations are now turning to digital purchasing solutions to maintain a competitive edge in the face of persistent supply chain challenges. Where procurement was once purely transactional and considered a standard business activity, new purchasing solutions are making the role transformational.
Ultimately, Smart Business Buying by Amazon Business helps automotive buyers recognise opportunities to drive business growth and meet organisational goals, enabling their organisations to:
- Turn data into powerful insights to pinpoint savings opportunities
- Accelerate purchasing agility across a built-for-business selection of products
- Increase customer satisfaction with greater supply chain stability
Smart Business Buying provides buyers with visibility, flexibility, and automation—all key areas when digitally transforming procurement. Amazon Business enables a purchasing experience similar to shopping in your personal life, making business buying simple and familiar.
Discover how Smart Business Buying can help streamline procurement at your organisation.
Four Opportunities With Smart Business Buying
From purchasing just-in-time automotive parts to managing supplies and tools for maintenance, repair, and operations (MRO), buying needs across the automotive sector are diverse. Here are a few ways Amazon Business supports automotive organisations and streamlines operations, helping you buy smarter
01 | Optimise purchasing processes
Smart Business Buying mimics the online consumer shopping experience by offering a wide range of choices, detailed descriptions, and access to pricing and reviews for each product. With a comprehensive, built-for-business selection of 60 million products and hundreds of thousands of suppliers, Amazon Business ensures you always get the best price.
The intuitive shopping experience makes it easier to find and compare suppliers and products that meet the needs of your employees and business—whether you need to keep factory lines running or get customers’ cars back on the road.
02 | Encourage responsible purchasing
Intuitive search and filter features make it easy to find products that contribute to organisational goals——whether your goal is cost savings or accessing brand-specific parts to ensure product quality and consistency
Guided Buying, a Business Prime feature, enables you to manage employee spending and ensure compliance. It can block purchases above a certain price threshold, guide employees to preferred products, and help you keep environmental, social, and corporate governance (ESG) goals top of mind. The feature can also track and report spend toward responsible purchasing goals.
03 | Simplify buying with automation
Smart Business Buying equips you with capabilities that streamline manual, time-consuming tasks so you can reduce lead time, improve efficiency, and meet customer demand.
Here are just a few of the Smart Business Buying capabilities that enable you to do more with less:
• Approval Work Flows automate purchase approvals, allowing you to set spending limits, send approvals to the necessary stakeholders, and scale purchasing.
• Amazon Business Punchout connects to dozens of purchasing systems reducing manual data entry and expense reconciliation.
• Single Sign-On with one click provides simple and secure access for buyers across the organisation. • Customisable shipping and delivery options allow you to send items from one purchase to multiple locations.
04 | Drive decisions with analytics
Smart Business Buying is called “smart” for a reason. Amazon Business offers access to a suite of reporting and analytics capabilities so you can make data-driven decisions that drive efficiencies. For example, use Product Basket Analysis to compare pricing, selection, and alternatives between Amazon Business and your current vendors.
Real-time insights on purchases help drive improvements in organisational efficiency, innovation, and ESG goals. Because purchasing occurs within a single system, all purchases are automatically tracked. Real-time reporting helps you:
• Increase visibility into purchasing patterns
• Stay within budget parameters
• Reinforce purchasing best practices over time
"We were able to negotiate a really good price through Amazon Business on behalf of all our retailers. There were a lot of specifications in that scenario that were challenging, and they were able to solve it for us right away—and show the value and power of having a relationship with Amazon Business.”
Get the checklist to simplify purchasing for the automotive industry
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