Improving sourcing & procurement functions with intelligent analytics
Demystifying Procurement Analytics
At Infosys BPM, we have built capabilities across services and technology to partner with our clients in their procurement transformation journey. Our sourcing and procurement solutions are designed to provide access to advanced AI-based capabilities, enabling faster decision making.
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Tactical sourcing opportunity identifier tool delivers benefits worth $1.7 million leveraging
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Infosys BPM provides support across all your sourcing and procurement management needs – from strategy formulation to BPM services and technology, we provide comprehensive procurement outsourcing services.
We extensively leverage design thinking (DT) during solution development, transition, and stable state operations to better understand and define our client’s underlying needs for sourcing and procurement, rather than just address the stated problems. We design solutions that are ‘fit for purpose’ with clients defining what value is important and then ensuring the value is delivered and recognized.
Infosys BPM leverages “Nia”, a proprietary knowledge-based AI platform that brings machine learning together with the deep knowledge of an organization to drive automation and innovation and provide productivity improvements to the tune of 70%-90% in transactional processes. This automation platform provides productivity improvement ranging from 15-50% while enhancing the effectiveness of procurement processes – both upstream and downstream.
Infosys BPM helps organizations improve procurement metrics through descriptive, diagnostic, predictive, and prescriptive analytics solutions. Through advanced analytics in combination with AI, we are now offering Category Digital Cockpit and Procurement Insights services, providing interconnected insights, simulations, and decision support services for senior stakeholders.
Continued investment in highly experienced skillsets and category councils for complete
category coverage across indirect, capex, and many direct categories.
We have focused groups continually working towards the creation of various new products
/ services as well as offerings.
Infosys BPM’s Diamond Framework for Procurement holistically spans activities and enablers required to achieve best-in-class procurement status:
Bringing values to businesses through our products and services
Building invincible supply chains
Overcoming sourcing inertia with robust strategies
Travelling to a digitized destination
Reduced costs of third-party containment services using spend analysis
Discover Service and Solutions for Sourcing and Procurement
Find out more about how we can help your organization navigate its next. Let us know your areas of interest
so that we can serve you better