Strategic Cost Reduction for MindTree Ltd Ltd.

EFFICIENT SYSTEMS
OUTSOURCING | CONSULTING | LOGISTICS A SUPPLY CHAIN CO.

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e-Procurement trends
Consider an investment in e-procurement for indirect spend as an effective means to cut costs both in the short term (by slowing down or redirecting spend) and in the long term (by improving compliance to strategic sourcing agreements) Gartner e Procurement tools convert theoretical sourcing savings into real savings - Forrester In a study for a specific client, Forrester surveyed 100 finance and AP managers on their procure-to-pay performance. We found that 30% of respondents that used eProcurement and e-Invoicing achieved excellent performance of 50,000 invoices per e Invoicing AP clerk per year, whereas only 15% of all respondents were able to reach this levelForrester Current economic conditions are driving a marked increase in demand for eprocurement solutions, because e procurement solutions provide an effective means to solutions e-procurement reduce costs. Gartner

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Profile
Efficiensys is a Supply Chain Management (SCM) solutions company based out of Bangalore, India, that focuses on providing Consulting e-Procurement Outsourcing / In sourcing Assets and Inventory Disposals Logistics & Warehouses:

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Challenges in Procurement g
Project Cost Containment: Rising Cost of key inputs Lengthy & Un-ending Negotiations with suppliers Sourcing new suppliers Comparing highly technical Capex Items among different suppliers p g g y p g pp and technology Compulsive need to interact with multiple agencies Supplier Cartelization in few industries. pp Need to interact with multiple agencies Technical Consultants, Architects, Project Managers Traditional methods of procurements p Multiple re-work on BOQ Longer lead time for delivery

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Solution
Spe d Management Spend Ma age e e-Sourcing: RFI / RFP / RFQ online e-Auctions (Reverse Auctions / Forward Auctions) ( ) e-Invoices (In Development) Logistic and Expediting Support

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Resulting in g
Cost reduction/Optimization (10% 20%) Negotiation cycle time reduction (50% - 60%) Transparency Audit trail Supply market knowledge Access to best in class vendor base Use of latest technology Category specific inputs Benchmarking / Best practices Transaction cost reduction Manpower Cost Reduction
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Approach pp
Pre Negotiation
Category Identification Data Collection Supplier Search RFP / RFQ Development

Negotiation Management
Supplier Management Conduct Negotiation

Post Negotiation
Facilitation Report Award decision

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Our Customers
Blue Star Ltd., Ambedkar Medical College Trust Voltas Limited Gravitas I d Private Limited G India P L d Nagarjuna Construction Company (NCC), Shankar Buildtech Pvt Ltd. Pvt. Ltd Easun Reyrolle Ltd. Al Shamrani Group, Dubai Al Ansari Power Technologies India Toyo Denki Power Systems
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Testimonials
Efficient Systems is our sole partner for Strategic Sourcing & e-procurement and we are happy to be associated with them. PM Radhakrishnan, Senior Manager, Procurement, Bangalore - Blue Star Ltd. After trying Reverse Auctions with Multiple Service Providers, we are happy to continue with Efficient Systems. We like their approach, Mayur Mehta, Senior Manager, Materials Department , Mumbai Blue Star Ltd. We have used the services of Efficiensys and have done a large number of Reverse Auctions through them. We found their approach professional, down to earth and very thorough. Results to date have been very encouraging and we look forward to continue working with them again in the near future. Head of Procurement, Top MEP Company, India Efficiensys manage our Infrastructure buying. We are happy with their Sourcing & Finalization process Rahul MK, Managing Director, Gravitas India Private Limited , g g , Efficiensys helps us out in Procure to Pay of our Institution needs. We have had Direct Savings in terms of cost reduction and Indirect Savings in terms of time saved & better Commercial terms . Adding Transparency and good processes. Radhakrishna, Chairman, Ambedkar Medical College, Bangalore

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Team
Vijayanand Raju - CEO, BE Mechanical PGDBA Finance 14+ Years of experience in Procurement and Supply Chain Mechanical, Finance,

Syed Asif Director BE E&C & MBA Marketing, 10+ Years Sales and Contracting

Deepa Krishna IT BE Computer Science, 10+ Years experience in e-Procurement tools 10 e Procurement

Sourcing Specialists Consultant 5 BE Mechanical & Electrical , 5+ Years in Sourcing, Procurement and Supply Chain g, pp y

Help desk Consultant - 3

Graduates, 2+ Years expereience

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Contact
Syed Asif Director 4906, 4906 High Point IV, Palace Road, IV Road Bangalore 560001 Phone: Cell: e-mail : +91 80 2238 5555 +91 95380 04677 asif@efficiensys.com

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