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Reducing operating costs through procurement transformation and strategic sourcing

Reducing operating costs through procurement transformation and strategic sourcing

Genpact
Pages 4 Pages

The procurement function at a global surgical products company was challenged by the need to cut operating costs, and introduce structured governance and supplier management. Genpact professionals led a procurement transformation program across 15 indirect procurement categories with a cost base of $800 million. As a result, the manufacturer achieved $80 million in savings within 12 months.

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