Case Study

Transforming the Purchasing Function to Become the Most Efficient International Bank in the World

Transforming the Purchasing Function to Become the Most Efficient International Bank in the World

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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

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