Financial services procurement is not just about cost

Insight

It’s vital that Procurement is recognised as creating actual business value. Yet getting the Procurement model right is often a…

Lloyds Banking Group’s cost reduction journey

Insight

The bank’s Sourcing leader explains how Lloyds shifted its focus towards speed and innovation, but why cost will always remain …

How RBS’s Procurement function improved costs and value

Insight

The bank explains how it shifted its sourcing and procurement focus towards value and innovation.

Negotiating your way to Procurement success

Guide

Reduce costs, and improve service and supplier satisfaction by changing mindsets and processes before and during negotiations.

Savings targets, budget wars: how Procurement can help

Insight

Mert Erkan discusses how Procurement can position itself as a strategic component of the business and provides his tips on how …

How to improve Private Equity procurement in 5 steps

Guide

Procurement spend can substantially improve EBITDA for Private Equity (PE) partners. Learn how to improve procurement managemen…

Global Strategic Sourcing procurement drive for Cognis

Case study

Efficio helped Cognis execute a global multi-wave Strategic Sourcing programme, while transforming the capability of the Procur…

Four ways to maximise your procurement savings

Guide

Maximising realised savings is all about diligent execution, good measurement, and cross-functional alignment.

What happened to the procurement savings you promised?

Insight

You ran the procurement process, agreed the budgets, and signed the suppliers – so why did the expected savings never hit the P…

Why outsourcing is no longer about cost-cutting

Insight

As outsourcing become less about cost-cutting, the focus turns to improving companies’ access to talent, and agility of product…