Your SlideShare is downloading. ×
  • Like
  • Save
Strategic Sourcing
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×

Now you can save presentations on your phone or tablet

Available for both IPhone and Android

Text the download link to your phone

Standard text messaging rates apply
Published

 

Published in Business
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
    Be the first to like this
No Downloads

Views

Total Views
431
On SlideShare
0
From Embeds
0
Number of Embeds
0

Actions

Shares
Downloads
0
Comments
0
Likes
0

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. Procure Smart
  • 2. Gaining 1 1VisibilitythroughSpend Analysis G a in in g d e e p in s ig h t in t o s p e n d a c r o s s v a r io u s b u s in e s s s e g m e n t s , d e p a r t m e n t s a n d s u p p lie r s . C a t e g o r iz in g m a p p in g a n d p r io r it iz in g e a c h s p e n d e le m e n t in o r d e r t o id e n t if y g a p s w h e r e in s a v in g s c a n b e o b t a in e d t h r o u g h o p t im u m u t ilit y .
  • 3. 2 1AnalyzingOpportunities A c o m p le t e 3 6 0 ˚ v ie w o f e x p e n d it u r e e n a b le s y o u t o r e c o g n iz e o p p o r t u n it ie s w h e r e s a v in g s c a n b e a c h ie v e d . A b a la n c e d a p p r o a c h t o w a r d s s p e n d c a n b r in g a b o u t h u g e s a v in g s o n s u s t a in a b le b a s is
  • 4. 3 1AnalyzingMarkets &Suppliers R a n k in g v e n d o r s o n v a r io u s p a r a m e t e r s a n d a n a ly z in g m a r k e t t r e n d s a n d p a t t e r n s h e lp s y o u g a in in s ig h t in t o t h e m a r k e t d r iv e r s . V e n d o r a s s e s s m e n t a n d r e a l-t im e r e v e r s e a u c t io n h e lp s s e c u r e o p t im u m p r o d u c t s a t m a r k e t d r iv e n c o m p e t it iv e p r ic e s .
  • 5. 4 1Standardization D e f in in g p r o d u c t s p e c if ic a t io n s m in u t e ly a n d s e t t in g u p w e ll-d e f in e d v e n d o r e lig ib ilit y c r it e r ia s h e lp s a c h ie v in g s t a n d a r d iz e d a n d e t h ic a l s o u r c in g . W o r k in g c lo s e ly w it h t h e u s e r s o f t h e p r o d u c t s a n d o t h e r s t a k e h o ld e r s w ill h e lp y o u d e f in e n o t o n ly t h e p r o d u c t s p e c if ic a t io n s b u t a ls o t h e e x a c t u s a g e b a s e d o n w h ic h t h e s u p p lie r s c a n b e c o m f o r t a b le in c o m p e t in g a n d p r o v id in g o p t im a l p r o d u c t s .
  • 6. 5 1Flexibility F le x ib ilit y w h ile s e e k in g in f o r m a t io n f r o m s u p p lie r s a n d b e in g o p e n t o w a r d s in n o v a t iv e p r o d u c t s c a n h e lp y o u t o in n o v a t e in t h e p r o d u c t a n d s e r v ic e y o u d e liv e r t o y o u r c lie n t s . F le x ib ilit y in s o u r c in g le a d s y o u t o in n o v a t iv e p r o d u c t s , n e w s u p p lie r s a n d f u t u r e p r o d u c t s w h ic h in t u r n c a n b r in g y o u s a v in g s a n d a c o m p e t it iv e e d g e in t h e lo n g run.
  • 7. 6 1OptimizeSuppliers P o s t B id E v a lu a t io n is a n e c e s s a r y p a r t o f the p ro c ure me nt p ro c e s s . P r ic e t h o u g h a d r iv in g c r it e r ia f o r s o u r c in g s h o u ld n o t r e m a in t h e o n ly c r it e r ia . T h e s u p p lie r s s h o u ld a ls o b e e v a lu a t e d o n o t h e r c o n s t r a in t s lik e q u a lit y , s u p p ly c y c le , r e lia b ilit y , p a s t p e r f o r m a n c e e t c .
  • 8. 7 1ContractManagement &Supply Inspection E n s u r in g t h a t a ll t h e t e r m s a n d c o n d it io n s o f t h e c o n t r a c t a r e c o m p lie d w it h b y t h e s u p p lie r h e lp s y o u e v a lu a t e t h e s u p p lie r f o r f u t u r e s u p p lie s . S u p p ly In s p e c t io n e n s u r e s y o u g e t t h e p r o d u c t y o u h a v e p a id f o r a n d e n c o u r a g e s h e a lt h y c o m p e t it io n a m o n g s u p p lie r s w h o a r e c a u t io u s n o t t o s u p p ly s u b s t a n d a r d p ro d uc ts .
  • 9. 8 1Collaboration W o r k in g c lo s e ly w it h s u p p lie r s a n d o t h e r s t a k e h o ld e r s , c a p t u r in g k n o w le d g e a n d r e d is t r ib u t in g it e f f e c t iv e ly h e lp s t h e b u y e r s to s ta y a he a d o f t im e s .
  • 10. We at L-1 Corporate Services work towards making business a little simpler for you by tapping on the most important division of your business i.e. the Procurement Division of your organisation. Procurement is that pivotal process of a business house through which you acquire goods and services. This process is manifold and can be very complicated. Our expert professionals with the help ofProcure Smart cutting edge technology, skilled understanding and dedication towards the goal to make procurement effortless, clear and understandable have devised an e-procurement platform ; ‘L-1.co.in’ L-1 Corporate Services 5-2-196, No. 7, Distillery Road, Ranigunj, Secunderabad - 500 003. Phones: +91- 40- 66388414 Mobile: +91- 9985836000 E-mail: info@L-1.co.in Website: www.L-1.co.in