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    • Overview

      TCS is here to make a difference through technology.

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      27 Nov 2023 TCS launches new Generative AI practice in collaboration with AWS
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    • TCS ERP on Cloud
    • Case Study

    Panasonic transforms indirect procurement with TCS ERP on Cloud

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      TCS ERP on Cloud

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    Highlights

    • Panasonic transformed its global indirect procurement processes and enhanced compliance across geographies with TCS’ ERP on Cloud platform.  
    • The rapid roll-out across regions ensured that the consumer goods manufacturer was able to drive greater business value across regions, involving stakeholders, users, and suppliers from diverse cultural and linguistic backgrounds.  
    • The solution helped the client provide an enriched user experience and superior visibility across functions.

    In this article

    Challenge
    Our solution
    Benefits
    Key figures
    Challenge
    Our solution
    Benefits
    Key figures
    Go to top

    In this article

    Go to top
    Challenge Our solution Benefits Key figures

    Challenge

    Enhancing visibility and compliance across diverse systems for indirect procurement

    Panasonic’s global operations across 100+ sales and manufacturing sites in multiple countries led to localized processes for indirect procurement. Lack of standardization caused various challenges — including disparate process, inadequate compliance, and limited visibility. The absence of a global platform for indirect procurement resulted in value leakage due to non-contract buying, poor user experience with longer purchase cycles, and lack of spend insights for stakeholders. To drive greater business value and enrich user experience, Panasonic decided to digitize its global indirect procurement.

     

    Our solution

    Panasonic unifies global indirect procurement with TCS’ ERP on Cloud, ensuring rapid roll-out

    Panasonic’s goal for the transformation program included standardizing indirect procurement processes and enhancing compliance across geographies. Panasonic partnered with TCS, leveraging our ERP on Cloud platform, for rapid roll-out across regions, involving stakeholders, users, and suppliers from diverse cultural and linguistic backgrounds. TCS employed its agile factory-based global rollout model with a predefined procurement framework in order to rapidly streamline localized procurement processes into a unified template. Adoption of catalog-based procurement, including direct access to supplier catalogs through the punch-out feature enriched user experience, while a dedicated supplier portal helped with deeper collaboration. A global platform for indirect procurement helped Panasonic achieve a single view over spend across categories and geographies with enhanced compliance.

     

    Benefits

    Panasonic unified its global indirect procurement with greater compliance, to drive growth

    Panasonic’s global indirect procurement, powered by TCS’ ERP on Cloud, helped Panasonic realize greater business value with enriched user experience and superior visibility. Digitized procurement led to business agility, greater compliance and deeper supplier collaboration.

    Key figures

    reduction
    50%

    reduction in new site roll-out time

    supplier
    100%

    online supplier collaboration

    digitized PO
    100%

    digitized PO approvals

    Swipe Right
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    We transformed our global indirect procurement with TCS’ ERP on Cloud.

    TAKUYA NAGATA

    Director, MRO Procurement, Panasonic Corporation

    Related reading

    TCS ERP on Cloud automates F&A processes for Scandinavian Airlines

    Case Studies | 15 Feb 2017

    Cloud-based human capital management for Mother Dairy

    Case Studies | 30 Jul 2019

    Arysta enables global procurement insights with TCS ERP on Cloud

    Case Studies | 30 Sep 2019

    IFFCO’s business process transformation with SAP S/4HANA

    Case Studies | 27 Jun 2022
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