Integrated Supply Management - ISM

About ISM

program

Program

Integrated Supply Management - the ecosystem of people, process and technology which drive efficiency and effectiveness in non-core and tail end spend with suppliers.

Goal

Goal

Client benefit (net savings) by partnering with TASE with the effective management of supply of non-strategic machined components to global facilities.

category

Category

Machined components and assemblies.

why choose us

Why TASE

Domain expertize in category of machined components Supply chain technology using collaboration to drive costs of transactions

Opportunities

Characteristics Consequences
Fragmented Spend High number of suppliers
One time/infrequent spend 60% supplier supply 10% spend
Spend not categorized Spend not negotiated/bided
Maverick Spend Use of Non-Preferred suppliers
Unique PO (not blanket) Less automation of process

Benefits / Enablers

  • How is ISM Beneficial

    • Effective negotiations- Operational details, should cost.
    • Raw material aggregation - leveraging volume, rationalizing sizes
    • Fulfillment management - work on exceptions - 20% of PO lines.
    • New product development - Spec review with small suppliers
    • Value engineering cost out vs. price down approach

  • Enablers

    • Experience in category management (e.g. machined parts)
    • Procurement expertize - material, should cost
    • Manufacturing expertize— define details of special processes
    • Change source to drive incremental productivity (PPAP/APQP)
    • Drive globalization to increase savings
procurement process