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Procurement Analysis Solution for a Global Wind Turbine Manufacturer

About Client

  • World’s largest wind turbine manufacturer headquartered in Germany.
  • Caters to multiple regions across the globe.
  • Specializes in the development, manufacturing, project management and servicing of offshore wind turbines.

Problem STATEMENT

The client wanted to get consolidated, real-time and effective insights of their procurement processes in one place.
Some concerns were as follows:
  • Inability to detect and track minute-level issues in order management, vendor management, free stock and out-of-stock items, and more.
  • Absence of a system to track key level indicators such as the granular bifurcation of the number of purchase orders as per the production plant, the month, the year, etc.
  • Difficulties in managing and calculating the costs and savings of the suppliers from various countries.
  • Lack of a solution that can measure the increase or decrease of the cost of raw materials over a period of time.
  • No visual dashboard to get instant insights from the organization’s data.
  • Low-cost solution to smoothen the operations and address the issues.

Solution

Here’s what we did to tackle the problem:
  • Requirement Gathering
    – Understanding the procurement processes model from the stakeholders.
    – Data sources and KPIs were identified.
  • Data Sourcing
    Data stored in multiple formats such as SharePoint files, flat files (Excel and JSON), Microsoft OneDrive files, legacy on-premise SQL, etc., were acquired.
  • Data Ingestion
    The data was stored in Azure Blob storage, converted to the structured format and fed to the data warehousing layer.
  • Data Visualization and Optimization
    – A customized dashboard was built using Power BI for tracking the KPIs and streamlining the processes.
    – Complex data querying and analysis were performed to get in-depth insights.
    – Optimization of the solution for faster loading of reports using Premium capacity workspaces.

Technical Architecture

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Business Impact

  • Full transparency and management of sales, costs and credit control.
  • Better tracking of the material’s lifecycle from the warehouses to the respective inventories. This helped reduce operational costs by 29% by the end of FY.
  • Cumulated savings per plant increased by 1/4th as compared to the previous FY.

Drop Your Business Concern

Briefly describe the challenges you’re facing, and we’ll offer relevant insights, resources, or a quote.

Ankush

Business Development Head
Discussing Tailored Business Solutions

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