PROCESS MAPPING AND BEST PRACTICES IMPLEMENTATION

Ineffective procurement processes lead to inefficiencies, errors, maverick buying & bypassing of internal controls and therefore leakage of savings &  poor data visibility of actual spend.

We use the following methodology for Process Mapping & best practices implementation:

Draw existing procurement process maps (including export and import processes) Compare with best in class procurement processes Customize best in class processes to suit client requirements Finalize and Implement best in class processes after due modifications The best in class procurement processes will ensure error  free transactions, buying effeciency, contract compliance, simple-to-use requisitioning &  procurement capabilities and higher supplier engagement. We will integrate the processes with  the ERP being used in your organization, thereby ensuring that the agreed processes are embedded in users' way of working.

Procurement Policy Manual Development

We could develop a Procurement Manual that would not only detail all processes but also incorporate client specific “delegation of authority matrix” and other statutory and legal policies. The manual could also include the following: Vendor evaluation and selection criteria Vendor performance rating criteria Capex \ Opex purchasing procedures Vendor audit program Vendor Quality Program Business ethics, norms & principles in relation to dealing with suppliers.

OUTSOURCING PROCUREMENT

Outsourcing of Transactional Procurement

Limited procurement staff often waste critical man hours in non strategic activity like vendor follow ups or PO making. This crucial time could be utilized in generating many productivity savings or other strategic activities. You can outsource your entire backend procurement activity including but not limited to the following:- Purchase order generation in your system or ERP Supplier scheduling and follow up activity Vendor performance reporting Any other activity

Outsourcing Indirect and MRO Procurement

Indirect and MRO procurement is one of the quickest routes to Crores of rupees in savings. Our purchasing experts are fully equipped to provide you with instant savings in the following but not limited to the areas given below:

• All capital equipment and MRO items
• IT and Telecom products
• Logistics, marketing and HR contracts
• Commodities ranging from Agro, Metals, Chemicals etc.
• Construction and Administrative Services contracts
• All kinds of Marketing and HR spends
• Diverse Packaging
• Airlines and Transport contracts
• Hotel contracts etc.
• Any other sourcing significantly contributing to spend

PROCUREMENT AUTOMATION AND EFFICIENCY ASSESSMENT

Procurement Automation and E-Procurement

We along with our Technology partners would develop an automated “Procure to Pay Process” for you, resulting in following benefits: Eliminating non-value adding activities, hence, your people will have more time for strategic areas. Speeding up entire Procure to Pay process, cutting down manual & paper approvals. Improving visibility & accuracy of spend information. Increasing user & supplier satisfaction levels. We can also develop for you an E-Procurement platform for efficient purchase of goods and services. If you have already made an investment in E-Sourcing, E-Procurement or ERP solutions, such as Ariba or SAP, our services can help you accelerate the ROI on your existing investment E-Procurement platform could provide functionalities like Reverse auctions, Catalog Management, Spend Management etc.

Procurement Efficiency Assessment

After carefully analyzing the procurement data either from your ERP system or from your legacy purchasing platform, we would prepare a confidential report for top management to provide them with the following information:

1) Process Adherence
2) Buying efficiency in comparison to best in class
3) Whether purchasing from best in class vendors.