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High Technology

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Industry Offerings

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, 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, High-Tech companies need to:

  • Globalize operations by leveraging a base at optimal costs
  • Optimize spend and standardize procurement processes
  • Provide advance visibility into demand for effective supplier collaborations to accelerate time-to-market
  • Improve spend management and contract compliance
  • 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.

 

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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.

 

Analyst Citations Download (registration required)

 

Media Mention

The flat supply chain : Is visibility a challenge

 

Supply and Demand Chain Executive
November'07

 

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In the News

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