Xpertcommerce

Out Sourcing your Purchase Activity... Why?

Procurement outsourcing is shaping up as the next big trend in supply management. Enterprises are out-sourcing sub-optimal procurement activities and poorly controlled spend categories over to highly specialized procurement service providers.

Whatever the client's e-procurement requirement is, we offer end-to-end consultancy and Domain expertise within this area to ensure world-class execution and delivery.

Creating operational efficiencies and managing costs is the prime goal for any business. e-sourcing helps enterprises reduce direct purchasing costs and streamlines the existing procurement processes. It successfully emulates established strategic sourcing practices on the web, bringing together buyers and suppliers online to reduce transaction time and improve transparency across the enterprise.

The purchase decision is typically between a limited three or four qualified suppliers. Negotiations between these are largely manual leading to lower negotiation efficiencies, especially if and the product is largely interchangeable. Reverse auctions have proved that the prices are typically realized 20-30% lower with Dynamic negotiations.

Typically high end suppliers tend to charge a huge premium on name which can be reduced through transparent bidding process.Large capital Intensive industries could benefit hugely from this through a specialized service provider.

With economy picking up and going down in a cyclical manner, companies are looking for a good Vendor development partner who can work on its requirements across the complete vendor development cycle.

Out Sources your Purchase Activity… How?

Addressing to the need of clients to locate good value assets either for existing business expansion or for new business ventures or replacement or as spares. Be it either machineries and equipments or complete plants with or without technology transfer or for that matter sourcing of recurring supply of material.

Specific requirements are studied and a detailing exercise is carried out with the client. The requirement is matched against sellers having similar maintained assets to liquidate and their capabilities. Seller liabilities are clearly defined, thorough inspection is offered to the customer subject to whom the purchases can be concluded.

With the expertise we have gathered over the years in asset management services, evaluating assets / plants of different corporate in wide spectra from commercial to technical know how we can ensure the best value to clients.

What is our Offer (Services Offered By us)?

Today's top enterprises are adopting market expansion and customer-driven business strategies. As a result, organizations are struggling to develop tighter relationships with a larger number of diverse customers and business partners. New solutions are being developed for internal procurement, internet-based customer fulfillment and direct connect ordering.

The Company specializes in such web-based business solutions, and can provide completely customized solutions that meet your exact business requirements. It may be that you are unaware as to what solution you require to help your business develop; in which case, we help you establish the value and the ROI that can be derived out of solution implementation. We also help you in deciding the solution and the delivery model that provides for maximum bottom line impact without going in for a full scale roll out.

As a company that understands manufacturing, we strive for domain led engagements to identify and deliver customer value across both discrete and process industries. We have the capability to offer standard products and custom built solutions across the enterprise solution suite.

The Company Applications can also be offered as:

• ASP
• Annual Licensed
• Out Right Purchase

How to avail our services?

The Company SRM enables suppliers and buyers to work in real-time, resulting in improved product quality, decreased cycle times, lower production costs and increased value of the business processes. It helps manage and optimize the various facets of supplier interaction, right from sourcing, supplier collaboration, procurement, settlement, and analysis.

The Company helps companies, not only determine the best supply base for their business, but also maintain strategic relationships via the creation of a truly collaborative planning environment.

To avail our services you have to send us the following information:

Complete specifications of the products.
Single purchase quantity.
Time required for purchase decision.
A contract with our company to make the purchase for the target price.
Latest balance sheet of your company.

Benefits?

Visibility into Corporate Spending & identifying opportunities for cost saving.
Understanding of all current contract costs, terms and conditions and quality & service requirements.
Understanding of all fixed and variable cost drivers within a spend category.

Understanding of resources (people and systems), involved in the purchasing process within a spend category.
Recommended strategies and method of sourcing for cost reduction and resource improvements to impact short and long-term profitability.
Information to change spending behaviors short and long-term.

Methodology?

Our Spend Analysis Services provides an integrated, effective analysis methodology to assess your spend using a step-by-step approach with a team of proven procurement consultants. These industry experts help you gain comprehensive visibility of your spend and sourcing opportunities across all systems, divisions and categories and drive savings to your bottom line.

Method of Sourcing Analysis: Study of existing Sourcing Methodology, establishing the sourcing needs of the organization, Method of Sourcing Recommendation Report.

Online Dynamic Forward Auction enables enterprises to increase asset turnover by allowing corporate to liquidate fixed and current assets, to the best bidder globally achieving highest realization. This is synchronous bidding auction process, putting one bidder against others for best bids. The process is template driven with “no-human bias” concept. Everything is done as per best practice and we ensure similar methodology for both our sellers and buyers thereby resulting in 5 – 15% more realization to the sellers in an absolute transparent manner. The negotiation time is compressed drastically as the auction sale is closed within 30 minutes. All bids are captured for seller’s records and the history can be provided to seller whenever required.