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Lloyds Banking Group

  • Conducted a tail spend reduction project within the IT area
  • Analysed the spend from a service and criticality perspective to create a set of treatment strategies
  • Executed the plan to drive benefits from consolidation, reduction in vendor numbers and removal of redundant services
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.

A smarter approach to insurance claims cost sourcing
Guide
A smarter approach to insurance claims cost sourcing

Insurers must find a balance between price and quality on claims sourcing. Winning strategies focus on innovation and supplier performance, not just rates.

Maximum performance: Supplier relationship governance and oversight
Case study
Maximum performance: Supplier relationship governance and oversight

Efficio supported the development and implementation of a new supplier relationship management tool to increase performance at UKAR.