ASIA-PACIFIC sentiment of continuous learning is shared across the Group . Four years into this journey and TM can already point to RM1.0 billion ( USD250 million ) TCO savings through the expansion of value creation , as well as expanding its strategic vendor portfolio and improving overall governance and control in order to achieve faster procurement process . But Mohamad is a firm believer in not standing still and is already looking at the next step in order to continue to improve , with technology and embracing digital procurement a clear goal . While Mohamad looks to the future of technology , that ’ s not to suggest that technology hasn ’ t played a defining role in this
transformational journey .
“ To support the procurement transformation , technology has and will be fundamental in the delivery of speed and efficiency in our processes ,” he says . “ As such , we have embarked on PINTAR project , designed to provide data analytics on spend analysis for our category managers .”
PINTAR , or the Procurement Institutionalisation of Technology Applications and Resources , specifically enables greater efficiencies across spend analysis , online tender and quotation , supplier performance management and contract management and repository , amongst other key areas . With technology redefining industries all around the world this brings upon a challenge that is not unique . The global technology conversation is defined by Artificial Intelligence , Automation , Big Data , but are these terms simply turning into buzzwords ? What work does Mohamad and TM do to ensure that the Company is implementing
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