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Adoption of best practices & automation for increased procurement compliances

Managed sourcing services are designed to help clients manage their expenditure or categories more cost-effectively while also directing their organisational resources away from tactical tasks and more strategic activities. The non-critical, non-strategic expenditure profile accounts for only approximately 10–20 percent of spend value but close to 90% of volume across businesses. mjunction can be your partner for handling all such buys as an extension to your procurement team. We provide attention, resources, technology, and expertise in managing your low-value–high-volume purchases to achieve performance, convenience, and compliance benefits. We handle all resource and technological requirements for large purchase volumes either onsite or from our shared service center. In an automated environment, our collaborative approach of managing PR to GRN can make your procurement function lean and efficient. mjunction offers three partnership/delivery models by which we can help clients manage their indirect buy procurement –

Tail spend management
Single Supplier
Category management Service

Value propositions

Auditable processes for increased transparency
Increasing spend under management, reducing maverick buys
Increased data visibility and tracking for better plan and control
Increased procurement compliance and better governance
Cycle time reduction
Cost Savings of 5-7%

Why Choose Us?

Procurement experts having 15+ years of experience  
Two decades of procurement experience handling all types of procurement needs
Fully integrated & automated platform for PR-PO function  
Positive EBIDTA since inception  
Pan India reach
Expertise in both offshore-onshore model of service delivery
Helpdesk support for buyer users and suppliers

CASE STUDY

Sourcing Success Story

Categories Served
-Proprietary Spares
-Stationery
-Parts on Stock
-Event Management
-Structural & Civil Jobs
-Canteen Services

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Supergrip On Procurement

Players in the automotive industry have an extremely diverse requirement in terms of materials, components, and parts that are procured from multiple suppliers resulting in a higher sourcing complexity and gives rise to several procurement challenges.

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Reducing Cost Of Tailspend

Tail spend is 20% of the spend that typically goes unmanaged within an organization. It is not actively managed in all the spend categories and may therefore have adverse impact on the firm’s financial performance.

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TESTIMONIALS

Snow
SAIL - RSP

Since day one of Managed Sourcing Service, team mjunction has shown th ...Read More

Mr. P. Rout

DGM (MM)

Snow
SAIL - BSL

The purchase department of Bokaro Steel Plant would like to appreciate ...Read More

Mr. S. P. Singh

DGM (MM)

Snow
Taj SATS

We extend our sincere thanks to entire team of mjunction for being our ...Read More

Mr Sankalp Gupta

GM - Procurement & Logistics

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