In early 2000, the Ericsson Group – one of the world’s leading providers of telecommunications equipment and related services to mobile and fixed network operators – lacked a truly efficient routine for purchasing.
The Challenge:
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Centralize the entire organization around one purchasing system to reduce huge purchasing costs
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Reduce maverick buying by increasing contract compliance
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Streamline invoicing to account for inability to track spend
See how Ericsson Group was able to save money by adopting one common procurement channel for all indirect spend.