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- Bayer's Rx: innovation; emphasis is on global collaboration, rethinking old approaches, tackling big new areas such as fleet costs, and achieving aggressive objectives. (Strategic Sourcing).(Bayer Corp )
- Bayer Corp. initiated 750 cost reduction projects in 2001 and 2002 in the NAFTA region, netting cost reductions of more than $125 million, procurement officers said in recent interviews in Pittsburgh. In some cases Bayer buyers took new approaches Bayer Corp. initiated 750...
- Research articles 2003-02-06
- Alcoa delivers one-two punch: lower costs and lower overhead. (Strategic Sourcing).(procurement department leads cost reduction)
- After banking $1.1 billion in cost savings between 1998-2000, Alcoa, the Pittsburgh-based maker of aluminum and aluminum products, has promised its investors another $1 billion worth of cost reduction by 2003. And it's asking its procurement organi After banking $1.1 billion in cost savings...
- Research articles 2002-09-05
- DuPont eyes China as cost reduction goal grows. (Strategic Sourcing).(sourcing initiatives)(Brief Article)
- DuPont is launching major sourcing initiatives as part of one of the largest restructurings in corporate history, executives said at a recent global media briefing observing DuPont's 200th anniversary. DuPont is launching major sourcing initiatives as part of one of the largest...
- Research articles 2002-08-15
- Verticalnet to Deliver Comprehensive Global Spend Analysis and Strategic Sourcing for Industry-Leading Invensys Group; Global Sourcing Program Aimed at Improved Efficiency, Process Standardization and Cost Reduction
- MALVERN, Pa. -- Verticalnet, Inc. (Nasdaq:VERT), a leading provider of on-demand supply management solutions, today announced that it has signed a license and services agreement with Invensys, a multi billion dollar leader in global automation, controls and process solutions. Components of the powerful Verticalnet XE Supply Management Solution Suite will...
- Research articles 2006-05-08
Additional Resources
- Who's got strategic sourcing on the brain?(Buylines: strategic sourcing news for supply chain & purchasing professionals)(Merck and Company Inc.)(Brief Article)
- Pharmaceutical giant Merck Co. unveiled plans for a major cost reduction effort aimed at cutting its costs by about $2 billion by 2008. In a recent news report, Richard Clark, president of Merck Manufacturing Division, said Merck plans to save $1.2 Pharmaceutical giant Merck...
- Research articles 2005-02-03
- Strategic Sourcing: Building a Foundation for Success
- Executives are beginning to understand that procurement is a key part of the business or supply chain process. It is typical for businesses to spend more than 60 percent of revenue purchasing goods and services; and it is estimated that approximately 70 percent of all potential savings from purchasing can...
- White papers 2006-01-06
- Strategic Sourcing for Total Cost Management: Turning Suppliers Into Partners
- This whitepaper presents a step-by-step explanation of how strategic sourcing and Total Cost Management provides product companies with tremendous benefits by transforming suppliers into partners throughout the product lifecycle. With purchasing expanding its focus from solely pricing to strategic alignment and information exchange, companies are realizing improved profit margins and...
- White papers 2004-07-14
- Live Webcast: Wireless Convergence and SIP Trunking: Plan Early, Save Money Now
- If you don't have a clear adoption strategy for SIP Trunking and wireless convergence, you are about to take a wrong turn. Do you know if your carrier and contractual landscape enables the adoption of next generation networks? Research shows that enterprises often engage in new technology...
- Webcasts 2009-08-03
- Strategic Sourcing: From Periphery to the Core
- The Idea in Brief Almost nothing a company does can't be outsourced anymore--even functions as critical as engineering, marketing, and manufacturing. Yet only 6% of the companies that outsource are satisfied with the practice. Why?...
- Articles 2008-01-04
- Taking a Strategic Approach to Sourcing: What Is My Sourcing Strategy?
- A truly strategic approach to the use of sourcing relative to corporate strategies is a choice of corporate lifestyle. Reaching far beyond the domain of individual organizations, the means through which the enterprise engages with external service providers for the provision of services offers key points of leverage and distinction...
- White papers 2003-10-03
- Learning Paths to Offshore Outsourcing - From Cost Reduction to Knowledge Seeking
- A corporation's offshore outsourcing may be seen as the result of a discrete, strategic decision taken in response to an increasing pressure from worldwide competition. However, empirical evidence of a representative cross-sector sample of international Danish firms indicates that offshore sourcing in low-cost countries is best described as a learning-by-doing...
- White papers 2005-11-09
- Effective Pricing to Drive Profitability in Industrial Markets
- Industrial companies today face an increasingly difficult reality: more demanding customers, shorter product lifecycles, pressure from off-shore manufacturers, and the realization that their returns on cost-cutting and efficiency programs are reaching the point of diminishing returns. Still investors and executives clamor for profit growth! Many of the big returns from...
- White papers 2004-09-15
- Verticalnet and WingSpan Team to Deliver Comprehensive Spend Analysis for DeCrane Aircraft Across More Than $300 Million in Direct and Indirect Spend
- MALVERN, Pa. -- Spend Visibility for DeCrane, a Mid Market Company, to Span Multiple Global Facilities Forming A Strategic Sourcing Platform Aimed at Improved Efficiency and Cost Reduction
- Research articles 2006-02-27
- Wolseley plc Interim Management Statement Call Transcript
- Question-and-Answer SessionOperator Thank you. The question-and-answer session will be conducted electronically. [Operators Instructions]. We will take now our first question from Tim [inaudible]. Please go ahead. Unidentified Analyst Hey, guys. This is Tim [inaudible] in Dublin. My first question is in relation to the stock...
- Earnings calls 2007-11-30
- Amphenol Corporation Q3 2007 Earnings Call Transcript
- Question-and-Answer Session Operator Thank you. [Operators instructions]. First question from Mr. Brian White of Jefferies. Brian White - Jefferies & Co. Yes good afternoon? Martin H. Loeffler - Chairman, President and Chief Executive Officer Good afternoon. Brian White - Jefferies...
- Earnings calls 2007-10-18
- 2005 Supply & Demand Chain 100 Case Study - Michael Foods / Iasta
- Michael Foods, Inc., a 75-year-old $1 billion diversified food processor and distributor, initiated a project to achieve cost reduction goals through the use of reverse auctions. The company was looking to achieve better competition for its business while increasing efficiency and obtaining better reporting/data analysis by using e-RFx and project...
- Case studies
- Unisys Corporation Q3 2007 Earnings Call Transcript
- Question-and-Answer SessionOperator Operator Instructions And we'll take our first question from Julie Santoriello with Morgan Stanley. Julie Santoriello - Morgan Stanley Thank you. Good morning. Joe, on the change in the operating margin goal, it seems to have slipped a bit to the right here with the goals of...
- Earnings calls 2007-10-23
- Royal Dutch Shell Q3 2007 Earnings Call Transcript
- Question-and-Answer SessionOperator Thank you. We will now begin the question-and-answer session. [Operator Instructions] Theepan Jothilingam from Morgan Stanley is now online with a question. Theepan Jothilingam – Morgan Stanley Yes. Hi, good afternoon Peter. Just a couple of questions please. Just firstly, you've been very active...
- Earnings calls 2007-10-25
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