About Client
One of the well known Indian Auto Ancillary companies
Spread over 25 Manufacturing facilities in India, Germany and Italy
Approx. Turnover of ~ $ 1 Billion
SAP Ariba
Key Expectations
- Client was looking for a solution to improve their Sourcing Strategies and reduction in unit costs
- Aiming to achieve an overall 6-8% saving across all categories
- Improved Compliance and reduce time to market
Sourcing Strategies Adopted
Ariba Sourcing was an obvious choice with its proven track-record i.e. :
- Cloud Based Spend Management Solution
- Scalable, Cost-Effective And Burden Free
- 48 Patented Unique Inbuilt Negotiation Techniques
- Adopted the Best Practice processes for Sourcing
Templates Selected
- Total Cost Auction Process Template for Reverse Auctions Across Categories
- Forward Auction with Bid Transformation for Forward Auctions across categories
Highlights
- Conducting 300+ sourcing events per annum
- Effective saving – avg. 10.8% across all categories
- 8 major categories spend addressed through Ariba
- Sourcing cycle time reduced to – 1.5 weeks
- 50% reduction in supply chain risk
- 60% improvement in compliance
