Procurement Solutions
At VISION EXIM, we use synergy and integration of low cost region (India) supplies to create and deliver robust supply base. Having more than two decade’s professional experience in product-vendor development in India, we provide cost effective solutions to many renowned organizations.
Be it bottleneck items, product development, quality, cost reduction, lead time, alternate sourcing, localisation, etc. We offer solutions that drive continuous improvement using proven methodologies and delivers sustainable competitive advantage. Our network strength delivers extraordinary results for our customers across various industry segments. We have developed special competencies for electrical components used for Generator, Transformer, Panels, Transmission-Distribution system.
We have domain expertise with a prescribed set of skills required to perform sourcing functions enabling businesses to focus on their core strengths Our team efforts aim to make outsourcing experience simple and cost effective for customers with least degree of involvement in conventional functions – manufacturing, process control, quality control, vendor management, and data recording.
By analyzing and devising the right strategy for the customer firm following an initial consultation and subsequent business data, we refine workflow to eliminate waste and to make it more efficient which drives costs down.
Syncing activities like an integral team and extended arm of your organisation, we create quantifiable value with our purchasing leverage and industry proven solutions.
How it works?
It involves providing expertise, advice, and support to organizations in optimizing their procurement processes, strategies, and operations. These services are typically offered with specialized knowledge and experience in procurement and supply chain management.
Our procurement management services covers:
- Strategic Procurement Planning: To assist organizations in formulating strategic procurement plans that aligns with their business objectives. This entails evaluating existing procurement practices, pinpointing areas for enhancement, and establishing clear goals and objectives for procurement endeavours.
- Supplier Relationship Management (SRM): To assist organizations in managing relationships with suppliers effectively. This includes supplier evaluation and selection, contract negotiation, performance monitoring, and supplier development to ensure alignment with business requirements and objectives.
- Sourcing Strategy Development: To aid organizations develop sourcing strategies tailored to their specific needs and market conditions. This may involve identifying potential sourcing opportunities, analyzing supplier capabilities and risks, and determining the most appropriate sourcing approaches, such as global sourcing, local sourcing, or strategic partnerships.
- Cost Reduction and Savings Initiatives: To work with organizations to identify cost reduction opportunities and implement savings initiatives across the procurement function. This may include conducting spend analysis, identifying areas of inefficiency or waste, renegotiating contracts, and implementing cost-saving measures.
- Procurement Process Optimization: To assist organizations in streamlining and optimizing their procurement processes to improve efficiency, reduce cycle times, and enhance overall effectiveness. This may involve process mapping, identifying bottlenecks or inefficiencies, and implementing best practices and automation tools to drive process improvements.
- Technology and Tools Implementation: To facilitate organizations select, implement, and optimize procurement technologies and tools, such as e-procurement systems, supplier management platforms, and spend analytics solutions. This includes requirements gathering, vendor evaluation, system configuration, and training to ensure successful implementation and adoption.
- Risk Management and Compliance: To support organizations in identifying and mitigating risks associated with procurement activities, such as supply chain disruptions, regulatory compliance, and supplier performance issues. This may involve risk assessment, development of risk mitigation strategies, and implementation of compliance programs.
- Change Management and Training: To assist organizations in managing change and driving adoption of new procurement processes, systems, and practices. This includes change readiness assessment, stakeholder engagement, communication planning, and training programs to ensure successful implementation and sustainability of procurement initiatives.
Please get in touch with your annual demand indication to understand your requirements and submit cost saving proposal for mutually rewarding business association.