How procurement automation empowered a textile
manufacturer in ensuring project sustainability

mjPRO Empowered Garden Silk Mills in Making their Project Procurement Fast and Cost Effective

GSML, a renowned textile brand in India, was modernising their manufacturing facilities, to remain relevant and competitive in the evolving business landscape. Time was of essence in such modernisation project, which prompted the management team to identify levers, that aid speed to the project. Time and cost overruns in such projects were detrimental for GSML. They were convinced that use of digital technology, automating the procurement function, would accelerate the progress, ensuring successful and timely completion of this critical mission. Timely ensure adherence to project targets, GSML decided to invest in a cutting-edge digital solution, mjPRO, which could facilitate all procurement activities in a “time & cost” effective manner.

Due to lack of transparency, GSML’s relationship with their suppliers was in murky waters and hence needed quick revival. mjunction partnered GSML, in activating a solution that leveraged both technology and procurement expertise. mjunction empowered GSML’s procurement team in building augmented capabilities and bandwidth, resulting in strict compliance to cost, quality and time. Data, workflows and process visibility on mjPRO, ensured transparency and better control.

With the Limited Resources at Hand and Tight Timelines, It Became Crucial for GSML to Optimise its Procurement Procedures

One of the major challenges was to speed up procurement without any cost escalations and simultaneously manage a transparent & trustworthy relationship between GSML and its suppliers.
GSML wanted a digital platform that could scale up with minimal additional cost.
Additionally, substantial support was required in terms of technical expertise as well as personnel to cover the inadequate bandwidth issues they were facing during the procurement process.
At the same time, there had to be sufficient measures taken to ensure high levels of security for all sensitive data shared over the system.
With these factors in mind, mjunction’s integrated offering of procurement technology and resource expertise, emerged as an ideal solution for GSML’s modernisation project.

About GSML

Garden Silk Mills Private Limited (GSMPL), formerly known as Garden Silk Mills Limited, sets itself apart in the polyester textile industry. They specialize across a broad range of Polyester products and services, from chips to yarns to finished fabrics generating an annual gross turnover of USD 500 million. GSMPL is one of the leading manufacturers for all Polyester value chain needs and has established itself as a pioneer in India's polyester market. By combining their expertise in quality, service, and aesthetics, these polyester creators have established a remarkable culture that has thrived for decades. From chip production to designed fabrics and women's apparel, they continue to provide customers with the finest products.

mjunction Empowered GSML with a Combination of Technology and Procurement Experts

mjPRO, cloud hosted on AWS, is a SaaS based comprehensive digital platform for eProcurement, which was costeffective, secure, and scalable.
mjunction deployed procurement professionals, assisting GSML in expediting certain operations. This led to faster turnaround times and improved operational efficiency at GSML, which allowed them to achieve their objectives on time and within budget.
Our procurement experts augmented GSML’s existing resources to make procurement chain robust, faster and more efficient.

RFX Management

Preparation, Publication, Evaluation, workflow, approval, negotiation and one-click customized comparative statement.

Supplier Discovery

Enabled GSML to quickly identify potential suppliers from its colossal database of pre-existing trusted suppliers, which improved procurement efficiency significantly.

Auction

mjPRO provided GSML with a quick and easy way to discover prices through various auction strategies, which significantly helped them save time and procurement costs.

Purchase Order

The purchase order feature of mjPRO allowed GSML to keep track of their procurement activities conveniently and efficiently, which helped improve procurement efficiency overall.

Advanced Analytics

These allowed GSML to create their own reports and dashboards to monitor their procurement process effectively.

With mjPRO, GSML Sustainability Reduced its Procurement Turnaround Time

mjunction's comprehensive solution for GSML proved to be an ideal choice, providing them with both technology and resources to implement the project on time as well as improve the speed and efficiency of their procurement chain.
The online system made every interaction between stakeholders auditable, thereby ensuring no room for non-transparency and allowing suppliers to feel comfortable throughout the process.
mjunction personnel offered procurement expertise and assistance for covering the inadequate bandwidth issues.
The combination of mjPRO's features and our procurement experts' expertise enabled GSML to gain visibility into its supply chain, optimize its costs and ensured compliance to targets

Reduction in cycle
time in RFQ publication

Visibility of
procurement data to senior management

Reduction in cycle time
for collecting quotations from vendors

Reduction in cycle
time for internal approvals

Key Differentiators

Complete solution removing dependencies on all external systems

Experienced procurement specialists to provide on-ground support

Unique features designed specifically for complex project buys that are exclusive to mjPRO

About mjPRO by mjunction

Not only does mjPRO provide businesses with efficiency gains but it also boosts profitability and productivity. With its integrated system, organizations can now access invaluable data to aid in decision making. That way, businesses can make the most out of their procurement process with more accurate insight and improved visibility.

All in all, mjPRO is an innovative platform that provides a comprehensive approach to digitizing a company’s procurement processes. It’s time saving capabilities as well as its ability to improve compliance, accountability and overall profitability make it the ideal solution for any organization looking to take their operations into the digital age.

Its plug-and-play capability accelerates activation, smart templates guarantee rapid adoption of the service. No matter the size of your business or source-to-procurement procedures, mjPRO has something to offer when it comes to transforming your procurement process.

Experience the
Power of Procurement Automation

mjPRO is a Saas Product from
mjunction services limited

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How procurement automation empowered a textile manufacturer in ensuring project sustainability