Procurement Best Practices for A Leading Auto Parts Manufacturer Helps Improve Their Overall Supply Chain Performance
PROCURMENTS
We understand if our client needs a partner to venture into the country, there has to be complete Scrutiny to reduce the chances of error. We know that any inaccuracy may dent the brand reputation of the client, along with bearing losses. It is therefore necessary for companies to go beyond the traditional approach of calling for tender. Instead, following a thorough process, which is able to cover Indian geography and provide value-addition, helps in reducing the possibility of error.
WHETHER A COMPANY IS LOOKING TO MAKE INDIA ITS GLOBAL
SOURCING HUB OR FIND A COST-EFFECTIVE SOURCING PARTNER,
COLLABORATION WITH IPAC CAN HELP:
➤ Reduce resource and time deployment. ➤ Effective leveraging of the supply base cost competitiveness. ➤ Implement a tried-and-tested and highly developed supplier selection process,
eliminating the chances of selecting the wrong vendor.
➤ Evaluate vendors based on audits including ethical and sustainable
manufacturing practices and quality processes.
➤ Learn from successes and failures in the local market and implement best
practices
IPAC IS SOURCING AND SUPPLIER IDENTIFICATION STRENGTH COMES
FROM ITS:
➤ Highly developed supplier selection process.
➤Extensive network in the industry, thus quick implementation process.
➤ Experience accumulated over three decades in setting up successful sourcing operations.
➤Studies of successes and failures in sourcing.
➤Understanding of the design, technical and manufacturing aspects across various industries.
AUDIT AND CONSULTANCY
Our audit and consultancy services help identify where and how you can improve your safety and environmental management systems and performance.
IPAC helps an organization for implement quality systems and improve the existing processes through a system-driven approach. It presents a reliable framework to organize and systematize the work of the company and hence, helps it to perform in a better path. We have unmatched knowledge of different management standards to provide to the organizations so that they can define and update the product needs to meet market requirements and opportunities.
The years of experience in governance models help organizations to define the needs more clearly, design the product accurately and increase the level of customer satisfaction With highly professional management system experts and auditors, IPAC helps develop the management systems according to the ISO 9001, IATF 16949, VDA6.3 requirements and assessment of the supplier capabilities through performing various ISO 9001, IATF 16949, VDA6, VDA 6.3, PSCR, ISO 14001, OHSAS 18001, Process and Product, Customer complaint audits according to the expectation and needs of the customers.
FEASIBILITY ANALYSIS
➤Project business plan. ➤Team and manufacturing. ➤Feasibility for the products. ➤Project Team selection with experienced professionals. ➤Technology considerations. ➤Financial projections.
SUPPLIER MANAGEMENT
➤Product technical & design details for Quotation. ➤Negotiations according to the customer needs for best value procurement. ➤Quality capable (State of the art) supplier identification. ➤Supplier development and assessment. ➤Supplier approval for development and production.
STRATEGIC SOURCING
➤Value analysis and engineering.Competition Benchmarking for the cost optimization. ➤Release strategic sourcing requirements to the suppliers.Implementation planning time plan. ➤Analysis of the risk and failures. ➤Spend experience & lessen learns to achieve delivery commitments.
QUALITY MANAGEMENT
➤Initial deliveries inspection and approval. ➤Periodic audits and assessments.Case study and analysis. ➤On-ground support for quick resolution of problems. ➤Inspection and testing support.Risk analysis of each manufacturing process.
➤Initial deliveries inspection and approval. ➤Periodic audits and assessments. ➤Case study and analysis. ➤On-ground support for quick resolution of problems. ➤Inspection and testing support. ➤Risk analysis of each manufacturing process.