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Sourcing & Category Management
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Enterprises are exploring alternative strategic sourcing opportunities to realize significant long term gains, ensure quality standards, manage logistics, and drive innovation.
Our strategic sourcing value proposition includes strategic contracting, where Minacs category experts develop a detailed knowledge base of the market and the category being sourced, and use this knowledge to develop optimal sourcing solutions. Our category management expertise focuses on managing contracts to ensure that negotiated contracted benefits are realized, and to drive continuous improvement in benefits year on year.
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Category profiling: focused on establishing spend, cost, technology, process and organizational transparency.
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Demand optimization: driven by need analysis, specification development and supplier collaboration.
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Sourcing: designing an optimal sourcing strategy, negotiation plan, category governance methodology, sourcing execution and overall program management.
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Contract management: communication and relationship management, demand and consumption monitoring, performance and compliance monitoring, savings and benefits tracking, risk management, continuous improvements, and data collection and analysis.
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Supplier Performance Management (SPM): driving supplier segmentation and focus on relative performance positioning across strategic and collaborative suppliers.
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Market intelligence: leverage our category knowledge to build up new (or improve existing) supplier networks. We evaluate alternate suppliers worldwide in collaboration with our global partners.
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Procurement is in our DNA – improve spend and supply chain visibility, market intelligence, demand management and SPM with our end-to-end solutions based on a modular framework.
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Our process experts focus on velocity to increase spend under management, deliver faster savings through reduced sourcing cycle times.
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Strong internal/ external compliance to ensure savings are realized.
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Non-invasive, flexible annuity, project or outcome based low-/ no-risk engagement models.
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Our partnership with Minacs has indeed been very profitable for us and we look forward to partner with them on various other initiatives. |
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General Manager - Procurement; one of India's Top 5 telcos
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