Money's not all banks buy

Strategic Supplier Management for Financial Services Organizations

Purchasing, as a rule, is not part of a bank or insurance company’s core business. As a result, financial services organizations often underestimate both the risks associated with purchasing and the advantages of managing suppliers and product groups in a systematic way. However, strategic management of suppliers can deliver considerable benefits, including a significant reduction in purchasing costs for the organization, support for the development of sustainable procurement, as well as an enhanced role for the purchasing department.

Released: July 2008

Download File ADL_FinancialServices_2008_Moneys_not_all_banks_buy.pdf (.PDF, 899 Kb)

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