Flybe is the largest regional airline in Europe, operating 211 routes from 80 airports and carrying more than eight million passengers ever year. It operates more UK domestic flights than any other airline and has been recognised as the most punctual airline in the UK.
Flybe was looking to optimise its direct and indirect procurement spend, streamline supplier management and ensure best value purchasing across the organisation. The business wanted to automate and digitise its back-office procurement processes to help save time and increase operational efficiency and control across the business.
To achieve these initiatives it turned to Wax Digital’s cloud-based web3 Source to Pay (S2P) solution, based on the flexibility and agility of the solution. web3 S2P has helped Flybe’s procurement team reduce supplier risk, improve compliance and run faster and more efficient sourcing events.
Using web3 S2P, the business has been able to:
- Generate 25% of cost savings from the first eSourcing event
- Get better control, with 2000 suppliers and £500 million of annual spend under management
- Fully integrate with Sage X3 and two other airline-specific direct procurement systems