Strategic Sourcing at One of the World's Largest Steel Companies
Source: Satyam Computer Services
The company's executives recognized the tremendous scope for streamlining processes and cost savings in Indirect and MRO Spend. As such, they set a goal to reduce sourcing costs by 10 percent. For an organization of such size, this reduction would constitute a considerable sum - and it would go straight to the bottom line. With that in mind, the steel company engaged Mahindra Satyam, an organization with a track record of end-to-end strategic sourcing success - from design through implementation and beyond. Mahindra Satyam employed an onsite offshore execution model, which was designed to enhance performance and efficiency. The team featured several experienced strategic sourcing experts, as well as sourcing and data analysts.