Manufacturing

The manufacturing sector involves complex process planning and logistics that require a more sophisticated solution than early procurement systems have delivered. Through the Internet, manufacturers, suppliers and distributors are shrinking costs, ramping collaboration and speeding up processes along the entire value chain across distributed manufacturing industries.

One of the most compelling reasons for the Manufacturing industry to adopt eProcurement is the reduction in cost and process cycle time. Manufacturing encourages direct and indirect purchase of material in huge quantities and this is where enormous savings are found.

Supply chain management in many ways controls the manufacturing process. It streamlines the surge of goods from suppliers to manufacturers, distributors and finally customers.

Process and Discrete Manufacturing

The manufacturing industry is broadly divided into process (line and continuous) and discrete (job, batch and made-to-order) manufacturing. In process manufacturing, many raw materials and intermediates are essential to create finished products. A car manufacturing company is one of the examples of process manufacturing industry (Line manufacturing).

Discrete manufacturing is generally the reverse, that is, a large number of components are combined to make a few products. For example, manufacturing of capital goods.

Despite structural differences, the basic procurement issues a manufacturer faces in any industry remain the same: Am I utilizing my resources effectively and economically? Can I expedite my current procurement process? Will it be possible to reduce my procurement costs such as lead-time costs and process cycle time costs? What is the impact of inefficient supply management on the bottom line of the company?

We answer all these questions and more.

Why 01markets …

We assess your eProcurement requirements and map the right strategy onto your business processes while seamlessly integrating it with your existing system.

We offer solutions and services to reduce inefficient and maverick buying. Consult with us to revamp redundant processes, non-strategic sourcing and all other ailments of imperfect procurement practices.

Manufacturing companies often need a wide range of software and hardware skilled personnel to manage and support their infrastructure. Outsourcing procurement processes is the most cost-effective means of handling the costly turnover.

Our outsourcing wing, Procurement BPO can lower a manufacturer's costs of purchasing goods and materials, as well as streamlining the order to invoice procedures.

Cost pressures are driving multi national companies to lost-cost destinations. Backed-up by a democratic set-up, India is a prime choice for sourcing. India also has a clear advantage in engineering, quality manpower, specialized organizations and facilities, state-of-the-art infrastructure and quality of service that attracts manufacturers worldwide. Our India Sourcing service caters to all these needs and more.

Our applications restructure the procurement process by automating the selection and purchase of goods straight from the desktop. We also electronically integrate the sourcing, ordering and the payment process and send and receive purchase orders - EasySource Procurement Intranet. Customers and suppliers can see the history of the complete transaction, make the right choice from our electronic catalogue, get a better deal of products and prices from suppliers and much more with our EasySource Procurement Intranet.

Our supply management applications support the integration of business processes with those of key business partners EasySource Supplier Extranet.

The conventional tendering process requires huge manual work and hence causes unnecessary delays in starting up projects. It was essential to minimise the time required for the tendering process. Hence we developed the EasySource Electronic Tendering System.

We help you combat high procurement costs and lengthy cycle times to ensure smooth delivery of materials and services - EasySource Dyamic Pricing Engine.