Strategic Sourcing
In today's economy the cost of doing business is tremendously important. Many companies are struggling to deliver results consistently due to poor information visibility, inefficient sourcing activities, old fashioned buying and minimal coordination between engineering and procurement teams throughout the product design cycle.
TE&B Procurement Solutions helps companies address these difficulties and maximize results through a powerful combination of strategic sourcing expertise, category management capabilities. From identifying savings opportunities to managing supplier relationships, we empower purchasing constituencies to play a vital role in sharpening business operations and reducing product time to market.
SL-Module(Spend less):
How much more you could impact your company's bottom line if you could apply strategic sourcing methodologies to everything you buy? The ability to identify and prioritize sourcing efforts is critical to the success of a procurement organization’s strategic sourcing program.
CPP-Module(Consolidating Purchasing Power):
Leveraged Sourcing Solutions. With these solutions, we build up strategically managed consortia combining the buying power of non-competitive participating companies with similar purchasing requirements. We create additional saving opportunities through improved negotiating leverage.
CM-Module(Contract Management):
The legal aspects of purchasing plays a fundamental role in the purchasing process. This module deals with all of the key legal issues that you need to know to be able to understand the legal requirements of purchasing.
Saving Potential Analysis:
Opportunity Identification Identification and prioritization of sourceable categories.(based on spend levels, market potential, past sourcing efforts, and historical opportunities) Proposed sourcing approach by savings opportunity, including timing, necessary resources,
RFs - Module(Request for …….):
RFIs, RFPs and RFQs are definitive an essential part of strategic sourcing and the negotiation process. This solutions replace, time-consuming and labor-intensive purchasing activities with Streamlined RFP sourcing process. We analyze the purchasing process of your company for all your global buying needs and creating custom RFPs free your purchasing team from administrative details and give them more time to focus on strategic purchasing activities.