1 / 10

Case Study of our Client

VEND X. Case Study of our Client. Vendor Assessment. Suppliers. Vendor Approval. Floating RFQ. Preliminary Vendor Selection. To. To. To. ERP. Supplier. Supplier. Supplier. From. From. Receiving Quotes. Receiving Re-Quotes. Supplier. Supplier. Comparison (Excel). Negotiation.

johnncarey
Télécharger la présentation

Case Study of our Client

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. VENDX Case Study of our Client

  2. Vendor Assessment Suppliers Vendor Approval Floating RFQ Preliminary Vendor Selection To To To ERP Supplier Supplier Supplier From From Receiving Quotes Receiving Re-Quotes Supplier Supplier Comparison (Excel) Negotiation Final Comparison Placing Order Approval Chain ERP Delivery Details Info to Supplier Delivery Schedule GRN DN/CN Rejection Account Ledger Payment Status ERP Procurement Process at Client End ERP Receiving Indent PURCHASING DECISION MAKING PROCESS ERP ERP

  3. ISSUES Faced by client… Acquiring Market Information Time Constraint For… Supplier Evaluation Huge Time Spent On... Time Constraint For… Retrieving Past Negotiations Creating & Maintaining Documentation Time Constraint For… … And then walked-in the AUDITOR… Constraint For… Sending RFQ to large vendor base Getting Structured Quotes Constraint For… Time Constraint For… Complex Calculation of Landed Cost Tracking Material Delivery Time Constraint For…

  4. Realization of possible adverse impact on Costs • Information Gaps • Lack of Transparency • Lack of competitive environment • Lack of time for Strategic actions • Delay in decision making • Absence of Standardization of processes PROFIT

  5. what were his needs? • A system which: • Is Technology Driven to facilitate seamless exchange of information and communication with • his suppliers globally • Brings complete Transparency in Decision making Process to meet Compliance needs • Is Innovative to take care of all administrative tasks including much needed documentation • Is offering instant analysis to formulate effective Negotiation strategies to Reduce Cost • Offers historical data with trail to meet Audit requirements • Is smart to send alerts for inactions of users • Works seamlessly with existing ERP • Most Importantly: • A system which is extremely SIMPLE and USER FRIENDLY & requires NO SUPPLIER TRAINING

  6. What options did he evaluate? • ERPs…. • Prominent Solutions in the market • Office Automation Suites • … …

  7. Welcome To…

  8. What made his life easy? Vendx Modules: Pre-Order Process Vendor Visit Report Module Sample Evaluation Module Vendor Portal Module Sourcing Module (Negotiation / Reverse Auction Decision Authorization) Vendx Modules: Post-Order Process Vendx Delivery Tracking Module Vendx Accounts Data Integration Module Vendx GRN Data Integration Module Vendx: Other Module Vendx MD’s Desk Module

  9. VENDX Value Delivery INSTANT ROI • To ‘The Top Management’: • Cost Savings due to energized procurement process leading to Instant ROI • Complete Accountability of every decision • Central databank of Knowledge • Legal Compliance • To ‘The Users’: • Huge savings of time in Tedious Administrative Tasks • Instant availability of Historical Information & Analysis • Instant insight on Market Information • Painless Audit Process • Less stressful work environment • To ‘The IT’: • Painless implementation & maintenance • Seamless integration with your ERP / Legacy System • Adoption of Best Practices

  10. Excerpts From - IIMM Conference - Mumbai(INDIA – Emerging to Surging Economy - Supply Management Strategies for sustainable growth 18th & 19th Dec, 2009) “There is no Future without E- Markets.” - Dr. B. Mahadevan, Dean IIM – Bangalore “Cost & Time Management determines the success or failure of an organization. Your best investment has to be in Technology.” - Dr. D. B. Gupta - Chairman, Lupin Ltd “Supply Chain determines the Competitive Edge. Efficiency in Procurement function is the Key Driver. Ideal technology selection is dependent on how it Maps your organization landscape.” - Mr. Ashok Sinha, MD, BPCL “Constant improvement of Processes are very essential to build competitive edge. The Management Focus across the world is to `Reduce Cost’. ” - Mr.K.E.Ranganathan, Murugappa Group “Innovation is the key to build competitive edge. Disruptive practices & effective cost management will be key drivers for Survival & Growth.” - Mr. B.V. Iyer - National President of IIMM

More Related