Global Procurement Services

Organizations today need to lower the cost per dollar spent, to identify and to realize the opportunities for savings, all while providing robust processes and keeping in compliance with local and international laws. Tim Tech improves procurement operations from end to end in efficiency, quality and cost through digital transformation.

Tim Tech Consults service value

We bring together the right people, technology and processes to address every step in the procurement function, helping our customers achieve their goals.

ROI

Increased competition forcing to drive cost down

Need for Category management and specialists to leverage savings

Access to improved pricing

Expansion to global market

Leverage global collaboration

Resources focused on strategic activities

Improved visibility on the spend

Why Tim Tech Consults

Procurement transformation without CAPEX investments

Rationalization and global expansion of supply base

Discover/realize savings opportunities – Driving value to the company’s bottom line

Leverage technology using procurement expertise

Change management – Easy adoption and smooth transition

Visualize, manage and control spend

Domain Experience & Outstanding Process Execution

Procurement at Tim Tech Consults combines the right people, technology and processes to help our customers identify and realize potential opportunities and generate value. Our service operations, applications and efforts to drive innovation are all aligned to provide measurable, positive results for our customers.

Excellence in process execution is assured by continuously managing and executing spend strategy.

Culture of Agility & Trust

Tim Tech Consults has a culture rooted in agile execution and value-orientation. To maintain this agility, we strive for excellence in change management, robust transition frameworks and collaboration.

Our world-class Global Nearshore™ model is a key enabler of our agility, boosting the capabilities of operations to match our client’s needs. A common language, similar time zones, an understanding of local work culture and an alignment of values are a few of the components we consider vital for successful engagement with suppliers.

Data and Analytics Integration

We have a successful track record of integrating systems and aggregating information from diverse sources to contextualize data for large and complex organizations. Data Science in the analysis helps us to swiftly fulfill our customer’s needs for productivity and efficiency. At Tim Tech , data-driven service design means in-depth analysis of current operational performance to drive design, complemented by continuous improvement in everything we do.

Best-of-Breed Technology

Tim Tech Consults combined advanced data analysis capabilities and state-of-the-art partner applications to create the Tim Tech eProcurement Portal. The collaborative DNA and end-to-end capabilities of our eProcurement Portal are made to fit to your unique business needs, enabling visibility and control over your spend and compliance. The leverage gained through the use of the right technology combined with our team's expertise helps clients execute a successful, value-adding procurement transformation.

Tim Tech’s Approach to Procurement Transformation

HOW

Tim Tech Consults

CAN HELP

Our Procurement specialists use a consultative approach to conduct a skillful analysis of your current operations to identify:

Your company's core capabilities
Potential gaps in your category management and spending control mechanisms
Ways to improve processes for increased efficiency
Strategies to meet and exceed the procurement area's performance goals

OUR APPROACH

1. Establish dominant category management process to enable a meaningful analysis of your spend.

2. Implement optimized transactional procurement process to increase spend-under-contract and use resources available in procurement more effectively in strategic tasks.

3. Segment the supply base and establish short-term and medium-term strategies in each segment.

4. Provide insightful spend analysis and enable innovative contracts with key strategic vendors.

Tim Tech’s eProcurement Portal Solution

The eProcurement Portal by Tim Tech is a collaborative and comprehensive procurement platform focused on savings and compliance while eliminating inter-process leakage.

PROCUREMENT PLATFORM

SOURCING

CONTRACT

SUPPLIER MANAGEMENT

PROCURE

SPEND ANALYTICS

INVOICE & PAY

SOURCING

CONTRACT

SUPPLIER MANAGEMENT

PROCURE

SPEND ANALYTICS

INVOICE & PAY

Spend Analytics

Spend map is key to driving cost-out. Visualize spend and optimize savings with the help of actionable analysis. Coupled with alerts and notifications, this tool provides a detailed and multidimensional view of spend, helping you to make the tactical decisions in your strategy.

Supplier Management

Run your supplier base with control. Onboarding and supplier performance are optimized with use of alerts, performance scorecards, status and summary reports.

Sourcing

Evaluate and qualify new suppliers to bring the best value when you source. Customizable and flexible, this tool offers RFx templates, commodity analyzation, and e-Auction capabilities. Saving initiatives fuel pipeline of performance improvement projects.

Contract Management

Reduce the time and paper movement spent while managing contracts. Increase compliance and visibility for an overall upgrade in contract performance.

Procure

Improve compliance and reduce time with a customer centric purchasing experience complete with Smart Search.

Invoice & Pay

Reduce paper invoices, avoid discount losses and improve accuracy with management of the PO lifecycle.

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Global Procurement Transformation Solution

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Procurement Consulting Services