Business Chief Magazine recently featured an article about how G4S, the world's leading integrated security company, has transformed their procurement function from being a tactical entity focused on cost reduction into an effective supply chain advisory. Led by Robert Copeland, Group Procurement Director, the function is now able to conceptualise, develop and implement true supply chain performance betterment with a bottom-line impact.
10:1 Procurement ROI using Provalido savings manager
Over the past 2 years procurement has yielded a 10:1 Return on Investment by scaling headcount on the pipeline of identified activities. These activities are logged, managed and tracked in Provalido's Savings Manager, enabling Robert and his team to have full visibility on projects past, present and future. The powerful built-in savings reporting engine enables G4S to track the forecasted and delivered savings across all regions and entities.
Best-of-breed procurement systems
G4S is deliberately "technology agnostic" meaning they can choose best-in-class tools for each aspect of procurement technology, utilising systems from large providers such as Oracle as well as smaller niche procurement system providers like Provalido.
Over 4,000 projects across G4S have been, or are being, managed in our system by more than 100 G4S procurement professionals across the world. At Provalido we're delighted to to be playing our part in the transformation at G4S.
You can read the full article here: