Success story: Avoid risk in purchasing management

Sector:

Service:

The company

  • Company in the Spanish market, divided into three major divisions: Telecom, Technology and Infrastructure.
  • The company operates in 25 countries and has over 5,600 employees.

The challenge

  • Because the purchase of materials and services accounted for a significant percentage of the sales volume, the company wanted to make a detailed review of purchasing operations to identify and take advantage of opportunities for cost reduction.

The solution

  • We defined specific purchasing strategies according to the risk matrix.
  • We established a procurement plan according to framework agreements.
  • We redefined the main activities of the purchasing process.
  • We defined and implemented operational reports (day-month) to provide visibility and allow us to manage the Purchasing department properly.
  • We achieved savings of 14%.