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Procurement Expertise Delivery

Procurement Consulting and Benchmarking

Having the awareness of the different needs of businesses, TransProcure has organized an experienced consulting team to identify the gaps in the procurement process and give solutions suited for the client’s existing spend profile.

Armed with the expertise in procurement, we deliver recommendation at varying levels of procurement business transformation. We cover different areas such as strategies, organization and people, policies and procedures, processes, vendor and supply management, enablers, risk and control, measurement standards or key performance indicators.

Our team utilizes industry benchmark, best practices and varied consultancy learnings and experiences, as guides towards developing recommendation.

In providing the right solutions to our clients, we approach their concerns through qualitative review and spend analysis. Our qualitative review focuses on people, processes and governance. While our spend or quantitative analysis centers on dissecting capital and revenue expenditures to provide visibility in different dimensions such as by item category or by monetary value or business risk, that are necessary in providing ROI-based justification on chosen initiatives such as strategy formulation, vendor rationalization, sourcing priorities, fact-based negotiation and potential out-tasking program.

TransProcure makes it sure that it maintains an open communication with clients. We allow them to validate recommendations by implementing solutions through well-guided proof-of-concept or trial period.

As one of the few competitive consulting companies in Asia, TransProcure does not only diagnose and recommend but also engages with clients until the last piece of opportunities is realized to deliver bottom-line results.

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Strategic Sourcing

With a wide network of strategic sourcing practitioners from across the globe, TransProcure is well-positioned to implement strategic sourcing for its client companies through its process that allows the realization of all opportunities, implementation and maintenance of best practices.

TransProcure’s Strategic Sourcing methodology combines a strategic perspective with rigorous analysis on a sourcing group by sourcing group basis to deliver significant reductions in total cost. The first step involves defining the scope of purchases and prioritizing the opportunities by accessing the database of expenditures. This will cover from direct, indirect materials to services and capital expenditures.

The purchases are then strategically segmented based on market dynamics and business strategies using a supply positioning matrix which will identify non-critical to strategic items. Each sourcing group will then follow a seven step detailed methodology which will profile your total spend and recommend procurement strategies to implement

TransProcure’s Methodology:

Profile Category
Supply Market Analysis
Develop Sourcing Strategy
Supplier Selection
Negotiation and Contract
Implement Agreement
Manage Suppliers

TransProcure team helps companies in creating competitive advantage and distinction in the market. Our tested and proven methodology ensures the establishment of short term and long term sustainable value. We give assistance in developing compliance and performance metric systems to reduce risks in transactions.

Benefits of Strategic Sourcing:

a. Emphasis on total, lifetime cost, not just purchase price

Strategic sourcing takes account of the full life-cycle costs of a product, not just its purchase price.

b. Consolidated purchasing power

Looking right across the supplier relationship, strategic sourcing reduces costs by increasing purchasing power.

c. Tighter supplier relationships

By narrowing the number of suppliers used in the business, "partnering" in JVs/alliances, and devising mutually beneficial contracts, suppliers can work together with a strategic sourcing business to achieve better standardization and improvements in cost, quality and delivery time.

d. Streamlined business processes, work and information flow

The objective here is to simplify sourcing requirements by promoting common standards, work patterns and information requirements. This in turn can lead to lower inventory costs and reductions in purchasing order frequencies.

e. Improved teamwork and purchasing skills

sharing information about products, markets and respective needs to meet wider organizational objectives. By creating cross-functional teams that can include suppliers, businesses can overcome organizational barriers, inspire collaboration and promote innovation. Better informed purchasing skills result from

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Supply Market Intelligence

The success of a complete sourcing cycle depends heavily on the resources spent on research and analysis of the industry regulations and performance coupled with technology issues and costs. These factors are the main drivers in conducting an effective sourcing process. Foresight of both risks and opportunities of key suppliers are vital but will require great time and effort.

TransProcure’s Supply Market Intelligence (SMI) can do this for you. The formula is a team of procurement and industry experts. Our team can effectively provide you with the much needed resources to gather necessary facts in making the best supply market decisions. You can focus on

Key Benefits

Resource to generate essential and efficient supply market information
Risk analysis on the supply market
Identify market areas for improvement and enhancement
Recognize and attend to decisive supplier issues
Grasp the external risks at local and global levels
Application of tried and tested analysis tools (SWOT, Porter’s, PEST)

Quality Information results in Profitable Decisions

TransProcure is committed in delivering fast reliable information to our customers. We follow a methodology in which we gather, consolidate, enhance and validate data from our wide sources. We do these regularly to enable our customers in making the most confident and profitable decisions.

Asses and Analyze
Plan and Design
Build and Pilot
Deploy and Transform
Evolve

Sourcing the Right Sourcing Information

TransProcure’s Supply Market Information (SMI) is updated regularly and is augmented by gathering vital information from several sources. These sources are as follows:

Industry Profiling
Financial Data
Public Records and Government Registries
Web Sources and Directories
News and other Medias

Enabling Fact Based Decisions

You no longer need to invest time and resources in acquiring critical information to build up your sourcing strategy. TransProcure’s Supply Market Intelligence (SMI) can provide you with the answers to the important industry questions and more.

Who are the players and how are they organized?
Is it a buyer’s market or seller’s market?
What is the competitive landscape?
What are the cost drivers in this industry?
What is the level of innovation and technology?
What is the total market capacity and level of utilization?
What are the seasonal trends?
What is the level of globalization?
How is the regulatory environment?
What are the industry’s best practices?

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