Outsourcing/offshoring - Ambernath, Maharashtra, India
We have started Adsule corporation, with a sole intention of reducing the cost of doing business.For any company the ultimate aim is to earn profit, to reduce the operating cost and to remain competitive and the managers are continuously planning, implementing and analysing various methodologies to achieve this,Adsule Corporation provides a significant way of saving time as well as to optimize cost of purchasing function.Cost reduction from head count, training, office space and computerization & telecommunication are the immediate benefits of Adsule to our customers.While cost reduction is the largest substantiated reason, there are other benefits as well, such as being able to utilize in-house resources for core processes.Some of the benefits that can be gained are:1. Centralised Purchase.2. Reduced requisition-to-order cycle time.3. Lower purchase related labour cost.4. Increased supply chain efficiency.5. Greater control, reporting and vendor compliance.6. Strong end user to provider relationship developed.7. Overall procurement performance improved.8. Data for bench analysis, goals and results.Why Purchase function:For a typical company, procurement cost can represent between 50 to 75 percent of annual revenues. The indirect spend can equal 20%-25%, of total revenues of a company. However, it is quite often unsupported or under-supported by the procurement department, as developing in-house expertise can be challenging and costly.Thus incremental savings in this can add up to impressive benefits.