SanMar Digitizes its Financial Supply Chain with Infor to Drive Growth
Company will use cloud-based Infor Nexus Financial Supply Chain Management solutions to automate purchase orders, invoice approvals, payments and financing
NEW YORK – Feb. 9, 2021 – Infor today announced that SanMar Corporation, the largest supplier of apparel and other soft goods to the imprinted sportswear and promotional products industries, has selected cloud-based Infor Nexus Financial Supply Chain Management solutions to streamline collaboration with trading partners for greater visibility and control of orders, statuses and payments. The ability to collaborate on purchase orders more easily, automate invoices and perform N-way matching in a digital network will help SanMar reduce manual processes internally and with trading partners. This will support its efforts to improve scalability and better serve customers.
Learn more about Infor Nexus Financial Supply Chain Management solutions: https://www.infor.com/resources/infor-nexus-financial-supply-chain-management
SanMar Corporation is a national supplier of 21 retail, private label and mill brands. The company supplies apparel and accessories to screen printers, embroiderers, promotional products distributors, athletic dealers, industrial launderers and more, whether they are outfitting a Fortune 500 corporation or the local bowling team. A family owned and operated business since 1971, SanMar is based in Issaquah, Wash., with 10 distribution centers nationwide.
“SanMar has a supply chain vision that’s built around network connectivity,” said Jeremy Lott, CEO of SanMar Corporation. “We believe digital transformation is foundational to our future growth, and it will further enhance relations with our suppliers and customers. Improved trading partner collaboration through Infor will enable data, inventory and capital to be available where they’re most needed in the supply chain, to the benefit of the entire SanMar ecosystem.”
Infor will provide a single cloud network to connect internal and external parties and systems. Document automation and digitization of surrounding processes, including invoice approvals, purchase order delivery and settlements, will remove friction from the supplier transaction process. Factory management and quality assurance automation will deliver efficiency and data integrity to improve compliance and performance.
“The world’s leading supply chains today function as business networks that operate in sync to benefit the end customer as well as all trading partners in the ecosystem,” said Infor Vice President Ken Mizera. “SanMar is applying that holistic view by taking all of the emails, spreadsheets and portals that typically clog up a supply chain and replacing them with a digital environment in the cloud. This results in suppliers receiving payments on time, customers receiving orders on time, and SanMar expanding its brand and market share as a preferred vendor and customer.”
Infor is a global leader in business cloud software specialized by industry. Providing mission-critical enterprise applications to 67,000 customers in more than 175 countries, Infor software is designed to deliver more value and less risk, with more sustainable operational advantages. We empower our 17,000 employees to leverage their deep industry expertise and use data-driven insights to create, learn and adapt quickly to solve emerging business and industry challenges. Infor is committed to providing our customers with modern tools to transform their business and accelerate their own path to innovation. To learn more, please visit www.infor.com.
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