Automate procurement to enhance spend visibility

Overview

The Infosys Automotive practice automates Sourcing and Procurement (S&P) for process excellence. Our robust data foundation and seamless systems integration services capitalize on data science and advanced technologies. Our solutions range from Artificial Intelligence (AI)-driven chatbot for guided buying to blockchain networks for tracing components, be it a spark plug or critical safety equipment such as airbags.

Infosys AssistEdge, our robotic process automation platform, modernizes services while streamlining procurement. It accelerates generation of purchase orders, contracts and agreements. Further, robotic automation enhances visibility across the value chain, enabling better direct and indirect spend management.

Infosys Nia, our AI platform, simplifies S&P operations with knowledge-driven, voice-enabled support. Our machine learning algorithms undertake category matching, spend classification, and supplier risk identification. In addition, it supports big data-based benchmarking for collaborative sourcing, long tail spend management, and strategic planning. The conversational interface of our platform extracts contextual data to provide advanced support such as technical specifications verification and supplier recommendations, and respond to queries related to order terms, supplier lead times, etc.

Infosys integrates the supplier ecosystem to simplify sourcing of parts, components, and devices across vehicle types and classes. It empowers automotive procurement teams to evaluate supplier performance based on asset-specific criteria and cultivate long-term supplier relationships. Significantly, a unified purchasing system enables accurate and faster capture of global sourcing requirements and bundling across functions such as R&D, design, production, and aftermarket sales and warranty services.

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Challenges & Solutions

Rich experience in integration of source-to-pay / procure-to-pay processes for operational excellence.

Product re-engineering and value engineering services enable co-creation of products with tier 1 suppliers.

Pool of domain experts automates S&P processes, which drives JIT manufacturing and agile supply chain operations.