In a world where trade barriers are down, low cost countries are increasing their manufacturing capacity by the hour and customers expect lower prices, companies that have implemented a best practice purchasing function will emerge as winners!, says Hans Ahlinder CEO IBX Group

At IBX we believe that an efficient purchasing function can be a vital part of the value creation within any organization. In this newsletter you can read about how Novozymes eases their invoice administration and how Fazer is looking to increase the efficiency of its strategic sourcing process and achieve benefits in the form of lower purchase prices.

You are receiving this newsletter because you have asked to subscribe to IBX Newsletter or you were a subscriber to the Portum newsletter, and as you may already know, Portum is now a part of IBX Group.

Enjoy your reading!
/Eva Svensson

At IBX we believe that an efficient purchasing function can be a vital part of the value creation within any organization. Depending on the business segment, purchasing can amount to 40-60% of an organization’s total revenue.

To assess the potential of an efficient purchasing function and the impact it can have in the organization IBX has developed a Value Assessment Study. The result provides the organization with a strong overview of the challenges, opportunities and a recommended way forward to initiate a full efficient purchasing program, which can lead to savings of 4-8% directly at the bottom line.

In a world where trade barriers are down, low cost countries are increasing their manufacturing capacity by the hour and customers expect lower prices, companies that have implemented a best practice purchasing function will emerge as winners.

IBX CEO Hans Ahlinder explores the fundamentals of efficient purchasing and highlights the key factors for success.

IBX has signed a three-year framework agreement with the Norwegian Ministry of Government Administration and Reform (FAD) and the Norwegian Association of Local and Regional Authorities (KS) for the public sector purchasing initiative ehandel.no. The services offered on ehandel.no are to be expanded, so that the Norwegian public sector can meet the government target of managing 25% of all purchases will be electronically by 2009.

“IBX has long and extensive experience in the delivery of efficient procurement solutions for the public sector. We have worked with ehandel.no for five years, and look forward to continuing and expanding this cooperation in the future”, says Oddmar Johannessen.

Interview with Björn Stenecker, who has for some years been helping to develop the e-sourcing strategy for a whole series of leading, international companies. He reports here on why the strategy process is so important.