With access to over 5,000 fully validated and approved suppliers across multiple business sectors, TVS can provide an unrivalled purchasing facility, allowing your business to focus solely on your core activities.
TVS uses a category management approach to identifying the optimum sourcing solution. This approach drives the most competitive costs and high-quality products. The ability the company possess to understand and effectively manage products is a core part of its daily working role to drive down cost throughout the supply chain for the customers benefit.
Activities involved include :
- negotiations
- supply chain review
- product substitutions & rationalisation
- OEM parts conversions and product standardisation
- Continued focus on supplier rationalisation
A team of engineers and a customer agreed approval process provides technical sign off of all items before they become introduced. TVS is supplier agnostic, with no specific product range or product suppliers forced on to a customer. Strong supplier relationship management ensures a partnership approach with the suppliers to provide continuous value delivery and continuous improvement. These relationships enable TVS to not only offer our customer the specific products required but also to identify alternative products that could be provided, providing the same high levels of quality standards but at a lower overall cost.
A key driver in the success of its purchasing strategies is the use of the TVS in house IT system – Supplier Interface Portal (SIP).
SIP integrates suppliers and manufacturers to the end to end supply chain. The portal manages supplier engagement in relation to all purchase information, allowing them to control the level of stock they deliver and schedule amendments to keep product supply levels constant.
For more information visit: www.tvsscs.com
Photo credit: TVS
