Procurement transformation delivered $8.6m annual savings

Energy and Resources

Overview

Our client, a multinational mining corporation, was seeking support to address some of its cashflow and profitability challenges. We were asked to assess the procurement organisation and develop a strategy & transformation plan. BPG® identified opportunities to standardise and simplify processes, embed technology solutions and implemented these, generating significant business benefits.
Project Details
Clients Mining Operator
Project Procurement Transformation
Service Business operations transformation & core business process transformation
Category

Our Solution

  • Implemented Procurement Strategy & Transformation roadmap

  • Established global policy, processes and standards supported by technology

  • Restructured teams, built capabilities and shifted focus

  • Vendor reduction & due diligence and new T&C established

  • Established controls and planning tools

Results

Generated annual cost savings of $8.6m

Improved supplier compliance by 90%

( ROI )
0 x

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