Digital procurement and the leather industry

Worldwide
Published:  05 August, 2021

'Production flow digitalisation' without 'procurement digitalisation' is akin to a bicycle without pedals. Fortunately, the missing industry pedals have already been invented and can easily be fitted. 

Hidexe’s intuitive transaction software can give the entire leather industry the impetus to start pedalling in the right direction, much faster and without much effort.

Hidexe’s transactional software (powering do-it-yourself auctions, RFPs, online negotiations, documentation, fulfilment, etc.) was designed and built with a specific goal: to help the leather industry migrate from inadequate, outdated and re-purposed procurement solutions that have been left in place for way too long.

The industry’s reliance on unsynchronized Excel spreadsheets, emails and social media is inhibiting growth, efficiency and profitability and, in some cases, even leading to the restatement of financial statements. The existing industry procurement setup is slowing down traders because of a multitude of manual process delays and inaccuracies.

Hidexe.com offers the world's only B2B transaction software for hides, skins, leather and by-products. This do-it-yourself digital solution gives professional buyers, sellers, traders and agents powerful integrated tools that make complex procurement transactions easy. It was designed by experienced leather professionals specifically for leather professionals, and is highly relevant across the globe from raw to finished.

Hidexe’s software-as-a-service, called H-SaaS, not only guides users through repetitive procurement tasks with helpful checklists and notifications, but also automatically updates various databases and keeps all pieces of information accurate in real-time.

These days, many large companies are striving to achieve net-zero carbon emissions, sustainable and highly transparent ‘farm-to-finished’ supply chains. These proposed changes are indeed very welcome but are not sufficient. Digital procurement also needs to be recognized as a pivotal industry driver for sustainable growth.

Hidexe’s cloud-based digital ecosystem and related resources gives users easy access to product definitions, transaction documentation, logistics information and fulfilment tracking, and provides an incredibly easy platform for auditing each step of the procurement cycle. Hidexe’s system is 100% digital, real-time, works around the clock 24/7 and is available from any spot with an access to the Internet, regardless of the device or operating system.

The best part is that Hidexe’s volumetric fees (1% of traded market value, calculated on a per load/20 ft container basis) are 100% success-based.

*This article is an advertorial provided by Hidexe