Case Study
Transforming the Purchasing Function to Become the Most Efficient International Bank in the World
Challenges Solutions Results • Achieved the best efficiency ratio of all international banks • Drove significant cost reductions through increased sourcing volume and effectiveness ? Averaged over 500M € in savings in each year from 2009 – 2011 ? 13-14 percent average sourcing savings ? Over 60 percent spend awarded through e.- sourcing mainly in services categories • Negotiated savings driven to bottom line through SAP integration an