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VIPS, Goldman Sachs

  • 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
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.

WANTED: Proactive CFO to optimise procurement and drive cost savings
Insight
WANTED: Proactive CFO to optimise procurement and drive cost savings

Maximising profitability, reducing costs and managing financial risks are key to the role of the CFO. Yet some CFOs are missing savings opportunities.

M&A procurement: How to achieve synergy savings post-merger
Insight
M&A procurement: How to achieve synergy savings post-merger

After a merger or acquisition all eyes are on procurement to deliver short and long-term cost savings. So how do you turn M&A promises into action?

Will private equity portfolio procurement catch on in Europe?
Opinion
Will private equity portfolio procurement catch on in Europe?

How can Europe’s private equity houses replicate the same level of success as US models of portfolio procurement?

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