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Grupo VIPS

  • Conducted Opportunity Assessment on all spend across all 350 restaurants of the group identifying major opportunities in food procurement
  • Launched first wave of Strategic Sourcing addressing the bulk of the food spend
  • Applied competitive leverage, specification optimisation and long term indexed agreements with extensive use of eSourcing tools
  • Launched a second wave addressing the remaining tail spend
Achieving maximum value through source to pay
Insight
Achieving maximum value through source to pay

By fully optimising their source to pay (S2P) solution and processes, organisations can make a huge impact to their bottom line by knowing what they are spending their money on at the point of purchase rather than the point of invoice receipt.

Watch out for cosy deals and handshakes
Insight
Watch out for cosy deals and handshakes

Published in Raconteur's Future of Procurement, Ian Bolger is quoted on the importance of balancing personal business relationships and an ethical approach to procurement.

Delivering sustainable and measurable value at GTM
Case study
Delivering sustainable and measurable value at GTM

For commodity-based businesses, price fluctuations make it difficult for procurement departments to deliver savings and measure performance. Efficio developed a solution allowing GTM to achieve both.

VIDEO: The CFO's role in unlocking the value in procurement
Video
VIDEO: The CFO's role in unlocking the value in procurement

As part of 'The Future of the CFO' series published by Business Reporter, Alex Klein, COO of Efficio and Carl Barnes, CFO of the Academic Publishing division at Informa discuss the role of the CFO in unlocking the value of procurement.