Sourcing including Sourcing Support

Overview

Sourcing efforts in any organization are aimed at supporting category management efforts on one hand (through supplier selection and negotiation support) to directing focused transformations aimed at enhancing efficiencies of the downstream transactional processes on the other (for e.g., tail spend transformation, creation of automated channels and touchless options to reduce manual transactions, and more).

Infosys sourcing solutions are aimed at augmenting the year-on-year savings and provide end-to-end services from source to contract:

  • Spend analysis
  • Sourcing support
  • RFx management and auction support
  • Contracting
  • Tail spend management
Line

Why us?

Infosys has nearly 10 years of experience in providing supplier selection, eSourcing, and RFx management services to many fortune 500 organizations across multiple geographies. We have built several models and added value to the sourcing process for our clients. Our sourcing solutions are directed at achieving the following benefits for our clients:

  • Drive adoption of eSourcing and e-Auctions to its full potential to reap additional savings in the range 2-8%
  • Develop RFx factory / sourcing support engine to compliment and work in sync with category management initiatives and category guidelines
  • Set up tail spend management processes to direct more and more spend under active management and through optimized buying channels, leading to additional savings of ~5-15% in tail spend categories
  • Reap higher value / savings by leveraging best-in-class practices, templates, and frameworks
  • Proactively identify opportunities through analytics. We have a strong analytics domain team focused on sourcing and procurement and solutions like NIA Procurement Insights. The team is adept at generating pricing benchmarks and dashboards with heat maps and spend auto-classification, providing right actionable insights to help identify the right sourcing opportunities to develop the eSourcing pipeline.

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