Risk Management in Strategic Sourcing @TVS Motors by Sudhir Eswaran Maharabooshanam

Project Purpose
Completion of MSc Requirements Alignment with sponsor Understand Nature of Risks in Sourcing function Opportunity to work in relatively unexplored field

Project Objectives
Examine Current Risk Management methods in TVSM Sourcing Assessment of success levels Propose Risk management technique based on literature/ breakthrough Introduce Variability risk management framework Propose integration & sustenance measures

Scope
TVS Motors
Strategic Sourcing

Parts Development

Engine Components

Forging & Machining

Long Term Vendors

Relevance
Average three new variants / year Approx. 35 components / project Average Delay on Projects 7 Months Pareto (Lead Time) Vendor Developed Parts Source Selection Subjective Short Term Records

Resources
Supervisor ( Hopefully ! ) Ned Robbins TVS Motors
Vice President Sourcing General Manager Sourcing General Manager Product Development ( Scooters) Forging & M/c Team

Risk Discussion Group Professional Contacts LinkedIn

Research Methodology
Current Risk Management
Case Studies
Brainstorming ( Risk Group/ TVSM )

Questionnaires ( Email - Quantitative ) Teleconferences

Proposal
Brainstorming Questionnaires ( Qualitative)

Deliverables
Dedicated Risk management Framework proposal Trial Deployment Mirror Expert Opinion Sustenance Framework Right Sizing of Contingency Budget for 2013-14 Projects Review Mechanism of Risk Register

Fire Away !