Mother Dairy leverages TCS' solutions to cut costs
These include consulting on strategy and design of centralised procurement cell, spend analysis for enhanced visibility, as well as deployment of Sourcing and Procurement Platform for streamlined operations.
Tata Consultancy Services said that Mother Dairy Fruit and Vegetable Private limited, a subsidiary of the National Dairy Development Board (NDDB), has started leveraging its solutions and services to deliver sustainable savings on sourcing and procurement. These include consulting on strategy and design of centralised procurement cell, spend analysis for enhanced visibility, as well as deployment of Sourcing and Procurement Platform for streamlined operations.
The software company enabled Strategic Sourcing has helped Mother Dairy to consolidate and standardise sourcing across its 18 plants in India for categories such as transportation, packaging, refrigeration equipment and travel.
TCS' Sourcing and Procurement Platform has helped digitize and streamline RFX and auction processes at Mother Dairy. This has helped reduce cycle-time and bring transparency in the supplier selection process. Additionally, TCS has enabled a sell-side auction capability to help Mother Dairy get "maximum gains out of scrap materials."
“Implementation of Electronic procurement platform (e@SETU) was the first step towards automating the procurement process with the help of TCS. This was followed up with a Strategic sourcing initiative along with creation of a Centralized Procurement Cell. The aim is to strategize purchasing by leveraging volumes across all verticals of MDFVPL. This has significantly helped in sourcing of prioritized categories and consolidated procurement operations. It has reduced cycle time in tactical sourcing and procurement activities," said Meghnad Mitra, CFO, Mother Dairy Fruit & Vegetable.
Based on average employee costs of $25,000 per annum for India-based resources and $50,000 for US resources, the move will release around $100 billion in salaries and associated expenses
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