Cost Reduction
Improvement in Productivity
Reduction in Business Emails
Reduction in Spreadsheet Usage
A Fortune 100 manufacturing company faced challenges in managing the resourcing of parts from one supplier to another. The process was complex, involving multiple stakeholders and milestones. Most resourcing projects relied heavily on spreadsheets and emails, leading to redundancies, inaccuracies, and delays. To address these inefficiencies, the company implemented TADA’s Smart Sourcing Application, transforming the process through streamlined workflows, advanced analytics, and enhanced collaboration with suppliers.
The resourcing process faced several significant challenges that hindered efficiency and effectiveness. These issues stemmed from outdated workflows, fragmented communication, and a lack of integration across systems. Key obstacles included:
Manual Processes:
Relying on spreadsheets and emails introduced redundancies and inaccuracies.
Lack of Visibility:
Stakeholders struggled to track milestones and costs, leading to delays and miscommunications.
Collaboration Barriers:
Poor coordination with suppliers resulted in inefficiencies and missed deadlines.
Operational Delays:
Ineffective tools hampered project management and supply chain readiness, causing increased costs and slower time to market.
TADA’s Smart Sourcing Application revolutionized the resourcing process by integrating innovative tools and workflows that replaced manual, disconnected systems. Through a centralized and digital-first approach, the application enabled stakeholders with real-time visibility, advanced analytics, and streamlined collaboration. Key features included:
Program Overview:
A comprehensive view of all resourcing projects, ensuring alignment and progress tracking across stakeholders.
Supplier Readiness:
Tools to evaluate and manage supplier capabilities, ensuring smooth transitions and on-time delivery.
Project Management:
Integrated workflows for planning, execution, and tracking, driving efficiency and reducing delays.
Milestone Tracker:
Real-time monitoring of key milestones to keep projects on schedule and aligned with objectives.
Costs and Benefits Management:
Enhanced visibility into financial metrics to control expenses and maximize savings.
Executive Metrics:
Dashboards providing actionable insights and data-driven decision-making for leadership teams.
Task Manager for Supplier Collaboration:
A centralized platform for seamless communication and coordination with suppliers, reducing reliance on emails and moving to real-time management.
Alerts & Notifications:
Automated alerts for key events, keeping stakeholders informed and enabling proactive responses.
TADA’s Smart Sourcing Application delivered significant measurable benefits, transforming the resourcing process into a streamlined, collaborative, and efficient operation. These improvements led to substantial cost savings, enhanced productivity, and better supplier relationships. Key benefits included:
Operational Efficiency:
$3M in savings achieved through optimized workflows and reduced redundancies.
Productivity Gains:
35% improvement in project manager productivity through automation and digital tools streamlined tasks, allowing managers to focus on higher-value activities. Digital and collaboration tools led to an 80% reduction in business emails and a 70% reduction in spreadsheet usage.
Supplier Collaboration:
Seamless integration and communication fostered full alignment with suppliers.
TADA’s Smart Sourcing Application successfully addressed the customer’s challenges by streamlining workflows, automating manual processes, and enhancing collaboration with suppliers. As a result, the customer achieved $3M in cost savings, improved project manager productivity by 35%, and reduced reliance on spreadsheets and emails by 70% and 80%, respectively. TADA’s solution transformed the resourcing process into an efficient, data-driven operation, reducing inefficiencies and mitigating risks across their supply chain.
