Delivering Cost Leadership

Organisations are increasingly seeking ways to get a lower total cost without compromising on procurement schedules and quality.The scope for cost reductions are very high as purchased products account for the largest expense and can directly impact the bottom line.Studies have shown that a 5% saving in procurement costs can translate into bottomline growth of 30%

Wipro brings in cost reduction by optimising the supply chain through a balanced approach, which harmonises the three cornerstones: People, Process and Technology. The key enablers in cost reduction and supply chain optimisation are supply chain visibility, collaboration, organisation wide integration and knowledge management. Wipro 01 markets cost reduction practice endeavours to leverage these breakthrough practices and enablers to help our clients in their cost optimisation challenges.

Our offering comprises of:

Consulting

Purchasing and supply management transformation services

• Enterprise Spend Analysis
  
• Supply management optimisation
  
• Purchasing process and practice transformation
  
• Strategic Sourcing consulting
  
• Change management
  
• End to End Procurement Services Provider (PSP) services
  

We enable an organisation to review and benchmark practices, assess opportunities, establish strategies and implement improved process solutions. Our expertise lies in quickly assessing and improving work processes and cutting costs. Our shared services provides insights on the processes or functions that can be outsourced, cost benefit analysis, approach to outsourcing, partner capabilities and nature of partnership. Wipro employs life cycle cost management models for evaluation of various approaches to outsourcing.

Services

Wipro brings in cost reduction by optimising the supply chain through a balanced approach which harmonises processes, technology and users. Our services cover all gamut of Strategic Cost management such as Purchasing and Supply Management, Business Operations Optimisation services. Wipro has many man years experience in holding sourcing events across many product categories resulting in avg cost reduction of over 10%.

• Sourcing events
  
• Eprocurement
  

Solutions

Our services are tailored to specific customers be it in Govt, Chemicals, Textiles, Finance etc. Customers can employ a variety of tools offered by Wipro to ensure sustained benefits from its supplier community. Govts employ our tendering process to prevent price fixing and to ensure speedy completion of tendering process. Manufacturing companies employ our dynamic price engine to achieve real time cost reduction. The tailoring of solutions enables cost optimisation, supply chain visibility, organisation wide integration of cost management focus and real-time collaboration.

• Dynamic pricing engine
  
• eTendering system
• Cost Modeling and Analysis
  
• Procurement Intranet
  
• Supplier Extranet

Our Credentials