Procurement and Supply Chain Management Solution (PSM)

In the Flat World, outsourced manufacturing, globalization of the supply base, price fluctuations in raw materials and dispersed operations through acquisitions have made it difficult for manufacturing companies to manage procurement. Missed opportunities arise from fragmented spends across the enterprise, lack of global strategic sourcing program, contract leakage due to high out-of-contract spend, high cost of procurement due to non-standard processes, decentralized procurement and lack of a common technology platform to automate sourcing and procurement business processes.

For procurement efficiencies, Discrete Manufacturing companies need to:

• Focus on centralizing and optimizing spend through global strategic sourcing
• Improve savings through better contract compliance
• Globalize operations by leveraging a base at optimal costs
• Standardize and automate the sourcing and operational procurement processes to enhance procurement efficiency

Infosys' Procurement and Supply Chain Management (PSM) solution focuses on strategic procurement to reduce spend in each item category utilizing a global sourcing methodology including lean and total cost of ownership approaches. It enables buy-side contract management to increase on-contract spend and compliance, reduces contracting cycle time and realizes the benefits of sourcing cycles. Our solution enables supplier collaboration through information sharing and business rules-based manage by exception approach to improve buyer efficiency.

Process/Functional Focus	Key Aspects
Strategic procurement Supplier management Spend management Source to contract Forecast to receipt Procure to pay	Spend analysis (direct and indirect) and optimization Supplier relationship management Streamlined procurement process

 

Infosys? Advanced Collaborative Supply Management (ACSM) Solution built on Microsoft technologies enables High-Tech manufacturers to optimize operational procurement and supplier collaboration.

 

More

Related Information

Analyst citation

AMR Research mentions Infosys "assisted with strategy definition, systems integration, partner on-boarding, metrics collection, and change management" for a high-tech mobile device OEM that piloted collaborative practices.

 

Download (registration required)

 

Media Mentions

The flat supply chain: Is visibility a challenge?

- Supply & Demand Chain Executive
November '07
More

In the News

Sourcing at your fingertips:
Global Sourcing Essentials
Everything you wanted to know about global sourcing, in five easy parts.
Download your copy

Copyright © 2008 Infosys Technologies Limited

Privacy Statement | Safe Harbor Provision | Terms of use | Trademarks