Procurement Case Study: TCS’ Platform-based Sourcing Helped Tata Sons Harnesses Group Synergy

Products and platforms

Leverages unique participative and active collaboration model to drive sustainable sourcing

Challenge

Localized procurement, diverse needs, and lack of collaboration led to fragmented sourcing

Business 4.0^TM world offers opportunities for the organizations to harness abundant resources. Harnessing ecosystems is one of the key aspects of this abundance. Tata Sons being a promoter of Tata Group, a large business conglomerate, needed to tap opportunities across group companies to drive sustainable energy, reduce wastage, and promote responsible and profitable supplier relationships. Localized procurement, lack of visibility into demand, and collaboration challenges prevented Tata Group from harnessing group synergy. Sustainable sourcing was seen as a business imperative requiring scale and synergy.

Solution

TCS sourcing platform helps Tata Sons fast-track sustainable and inclusive sourcing

Tata Sons wanted to standardize and harmonize sourcing process across the group companies, simplifying it for the buyers and bringing greater transparency to harness demand. They selected TCS sourcing platform and services, in order to leverage category expertize, proven sourcing process and best practices, unique collaboration model, and technology leverage. TCS platform-based sourcing helped Tata Sons aggregate and rationalize diverse needs across the group companies and rapidly strategize group-level sourcing while overcoming challenges of scale, complexity, supply risk, quality, and cost. The solution encompasses an active engagement model, aggregating complex demand, early supplier feedback, and establishing critical success factors, cross-functional collaboration, inclusive sourcing, and RFX management. The solution enables rapid formulation and execution of sourcing strategy, while bringing long-term cost certainty for the group companies. Tata Sons has transformed the group sourcing and started to reap benefits in terms of savings through competitive pricing, most favorable contract terms, and active use of contracts.

TCS’ platform-based sourcing enabled Tata Sons to harness group synergy

Indriyajit Sethi, Vice President and Head Group Strategic Sourcing

Benefits

Rapid execution through active engagement helped Tata Sons harness demand across the group

Adopting a unique collaboration model, rationalizing complex demand, and deploying a first-time-right sourcing approach helped Tata Group harness scale and synergy across businesses. Tata Sons achieved early impact with rapid execution, while ensuring long term benefits.

Statistics

15-25%

savings across categories

50%

reduced energy consumption

Contact

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Global knowledge. Local support

TCS is here to make a difference through technology.

We deliver excellence and create value for customers and communities.

Extraordinary expertise leads to remarkable results.

Want to be a global change-maker? Join our team.

Find the latest news about TCS in our Newsroom

Recent Press releases

Recent News

Recent recognitions

Upcoming events

TCS works hand in hand with world-leading investors.

Global knowledge. Local support

Tata Sons harnesses group synergy with platform-based sourcing services

Products and platforms

Leverages unique participative and active collaboration model to drive sustainable sourcing

Challenge

Localized procurement, diverse needs, and lack of collaboration led to fragmented sourcing

Solution

TCS sourcing platform helps Tata Sons fast-track sustainable and inclusive sourcing

Indriyajit Sethi, Vice President and Head Group Strategic Sourcing

Benefits

Rapid execution through active engagement helped Tata Sons harness demand across the group

Statistics

Transformation starts here

Find out more

TCS is here to make a difference through technology.

We deliver excellence and create value for customers and communities.

Extraordinary expertise leads to remarkable results.

Want to be a global change-maker? Join our team.

Find the latest news about TCS in our Newsroom

Recent Press releases

Recent News

Recent recognitions

Upcoming events

TCS works hand in hand with world-leading investors.

Global knowledge. Local support

Products and platforms

Leverages unique participative and active collaboration model to drive sustainable sourcing

Challenge

Localized procurement, diverse needs, and lack of collaboration led to fragmented sourcing

Solution

TCS sourcing platform helps Tata Sons fast-track sustainable and inclusive sourcing

Indriyajit Sethi, Vice President and Head Group Strategic Sourcing

Benefits

Rapid execution through active engagement helped Tata Sons harness demand across the group

Statistics

Related reading

Transformation starts here

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