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Targetti

  • Conducted Opportunity Assessment across all Italian and Danish units covering all spend
  • Launched Procurement Transformation Project aimed at creating new global sourcing organisation while conducting a group wide Strategic Sourcing initiative
  • Addressed in one wave all key direct categories (i.e., metallic, plastic glass, electrical and electric components) as well as packaging, road transportation and general indirects
  • Applied strategies encompassing competitive leverage, global sourcing, volume consolidation, supply base restructuring and total cost management
Digital procurement: an overview of geographical differences
Insight
Digital procurement: an overview of geographical differences

Where procurement functions are now, and where they are heading, particularly in terms of digital transformation, how businesses are using technology to enhance their processes, and the barriers to technology delivering the expected benefits.

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.

Morten Hald, CPO at Tryg, discusses the insurer’s procurement transformation journey
Video
Morten Hald, CPO at Tryg, discusses the insurer’s procurement transformation journey

Tryg has responded to the challenges it faces by undergoing a significant transformation journey over the last few years, underpinned by a bold ambition – to be the best insurance company in the world.

Driving value at an advanced equipment manufacturing business
Case study
Driving value at an advanced equipment manufacturing business

The merger of two advanced equipment manufacturing companies presented significant procurement opportunities – and challenges. Efficio designed and implemented a solution that gave the merged business a new platform to achieve its growth plans.