Lack of procurement insights due to geographically diverse operations
Arysta LifeScience develops, markets and distributes crop protection and life science products globally, with geographically diverse and localized operations. This results into a fragmented view of procurement processes and performance, limiting Arysta’s ability to harness ecosystems through a global view and identify opportunities to enhance business value such as - rationalization of the supplier base as well as savings. Arysta needed to derive procurement insights from across regions by overcoming lack of standardization, data discrepancies, information silos, and long reporting cycle time.
TCS’ analytics platform with intelligent automation provides procurement insights & business agility.
Arysta LifeScience needed timely availability of procurement insights based on reliable data, for the business users. They engaged TCS to deploy an agile, cloud-based analytics solution to standardize, automate and simplify data harmonization. The data warehousing and business intelligence solution deployed intelligent automation, presented outliers and exceptions promptly for resolution by the business users, while turning data into insights. A simplified self-service approach at all stages helped eliminate dependencies and ensured an end-to-end agile process for generating timely and reliable insights based on a consolidated view of global procurement. Interactive dashboards including what-if analysis allowed business users to evaluate various planning scenarios in the real time. TCS’ agile and intelligent solution provided strategic, tactical and operational insights, engaging business users from across functions and groups. Users were able to identify spend pattern across geographies, analyze efficiency of procurement operations, track vendor performance, and spot saving opportunities.