Quantitative Analysis of the Cost-Saving Potential of Procurement Automation Tools in Large-Scale Manufacturing

The cost-saving potential of procurement automation tools in large-scale manufacturing, emphasizing their impact on labor costs, processing time, and error reduction. By streamlining procurement processes, automation tools minimize manual intervention, accelerate order processing, and enhance data accuracy. Quantitative analysis reveals significant reductions in operational costs through decreased labor requirements, improved procurement cycle efficiency, and reduced expenses associated with order errors and delays. The findings demonstrate how automation fosters greater supply chain resilience, enabling manufacturing organizations to allocate resources more effectively and achieve sustainable operational excellence. This research underscores the transformative role of procurement automation in optimizing financial performance while maintaining high standards of quality and efficiency.