OVERALL GOALS
Developed a strategic “COMPANY-WIDE” approach to supplier engagement – and improved people, processes, and technology in procurement that enabled automation of simpler tasks and focused on value-add for the businesses
Subsequently, delivered gross savings over 3 years through reduction in software maintenance and business resource efficiency by implementing e-Procurement
APPROACH
Step 1: Re-developed the “Purchasing” team and function from tactical buying to strategic category management and optimized purchasing execution. Developed a pipeline of
opportunities and recruited experts in sourcing and category management for each category.
Step 2: Focused on the right tools and organizational approach for transactional efficiency such as PO Push,
P-Card, Catalogs, Fixed Vendor Agreements
Step 3: Aligned team to support an account management structure for buy-in for the rest of the organization
Step 4: Implemented tools for e-Procurement such as PO Confirmation, ASN, invoice automation and Spot Buying
RESULTS
Validated savings of $100 M savings in 3 years
Completely changed composition of the global team, processes, policies and standards – 70 employees across 5 continents
Overhauled existing systems to implement SAP SRM and ARIBA, with systems stewards in place for implementing enhancements