Mother Dairy Fruit and Vegetable (MDFVPL) has leveraged TCS’ solutions and services to deliver sustainable savings on sourcing and procurement.
The services include consulting on strategy and design of centralized procurement cell, spend analysis for enhanced visibility, as well as deployment of sourcing and procurement platform for streamlined operations.
Mother Dairy can consolidate and standardize sourcing across its 18 plants in India for categories such as transportation, packaging, refrigeration equipment and travel.
The company said Mother Dairy can also provide quality food and beverages at affordable prices to the consumers while ensuring fair returns to the producers.
In addition, TCS’ sourcing and procurement platform has helped digitize and streamline RFX and auction processes at Mother Dairy while reducing cycle-time.
This apart, Mother Dairy buyers can access centralized contract repository to ensure savings are identified and realised across plants.
Company officials said Mother Dairy can also get maximum gains out of scrap materials.
“TCS has also helped in widening the vendor base with increased competition amongst vendors, fetching us cost savings on some indirect material procurement,” said Meghnad Mitra, CFO, MDFVPL.
“TCS sourcing and procurement platform and services help customers establish and execute these strategic sourcing programs by bringing in expertise, insights and results,” said Raj Agrawal, VP and global head, TCS Platform Solutions.
In May, The central securities depository (CSD) for the Finnish capital markets, Euroclear Finland, launched a new transaction procession platform, Infinity, powered by TCS BaNCS for market infrastructure.