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Philips

  • Developed post-merger synergy assessment across a number of newly acquired US companies
  • Delivered map of procurement practices and organizational structures in acquired units; analyzed acquisitions' spend versus Philips contracts to understand synergy potential and create baseline and targets for saving program
  • Identified savings opportunities at category level and gained full buy-in from the acquired companies' management for implementation
Moving up the value chain: transforming procurement at Elm
Case study
Moving up the value chain: transforming procurement at Elm

Moving from a transactional focus to a strategic one is a major challenge for many procurement teams. Efficio helped transform Elm’s procurement function into a strategic partner, while adding significant and rapid value to the business.

First-class procurement
Insight
First-class procurement

In a supplement produced by Supply Chain Digital, KAUST speaks about Efficio's work

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

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