May 17, 2020

Efficio: the world's largest procurement consultancy

Procurement
Sean Galea-Pace
2 min
Efficio: the world's largest procurement consultancy
Efficio is regarded as the world’s largest procurement consultancy and operates across 10 offices in Europe, North America and the Middle East.

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Efficio is regarded as the world’s largest procurement consultancy and operates across 10 offices in Europe, North America and the Middle East.

Having featured in our April edition of Supply Chain Digital, we take a closer look at the procurement giants.

Efficio empowers organisations to decrease costs, improve internal processes and upskill their procurement teams to realise cost savings more efficiently. This is done with the aim of ensuring savings are measurable and sustainable, as well as providing greater value for businesses in the long-term.

Efficio works with some of the biggest companies worldwide. Its clients cover many different industries, such as: construction and infrastructure, energy and utilities, financial services, high tech and telecoms, logistics, manufacturing, media, publishing and events, pharma and healthcare, private equity, public sector, retail, food and hospitality. 

The organisation is set apart from its competitors through eFlow, which is a proprietary procurement technology and knowledge platform built and deployed by practitioners. eFlow automates data insight generation, supports savings delivery, maintains robust supplier partnerships as well as overseeing supply chain risk by allowing clients to leverage a host of procurement intelligence and the best practice on demand.

The organisation offers a number of different services. Its Procurement Transformation provides step-change in procurement performance in support of the business strategy. Efficio efficiently works out issues in companies’ existing procurement processes and delivers a pipeline for significant improvements through the best-practice of strategic sourcing, supplier relationship management and category management. Efficio’s Procurement Transformation experts help: 

  • Recast the operating model and create common approaches and strategies. 

  • Align the organisation to category management.

  • Introduce strategic sourcing approaches.

  • Develop the skills base and drive active stakeholder engagement.

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The other services that Efficio provides are:

  • Contract and Commercial Management

  • Contract Remediation

  • Corporate Divestments

  • Cost Reduction

  • Due Diligence Support

  • Implementation and Category Management

  • Local Content/ In-Country Value

  • Logistics and Network Optimisation

  • Managed Procurement Service

  • Opportunity Assessment

  • Procurement Target Operating Model

  • Procurement Programme Management

  • Procurement Training

  • Resource Augmentation

  • Sourcing Analytics

  • Spend Analytics

  • Strategic Sourcing

  • Supplier Relationship Management (SRM)

  • Supply Chain Improvement

  • Sustainability Improvement

To learn more about Efficio and the services the organisation provides, click here!

For more information on procurement, supply chain and logistics topics - please take a look at the latest edition of Supply Chain Digital magazine.

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Image: Efficio.

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Jun 23, 2021

SAP Ariba to digitise procurement for Expo 2020 suppliers

SAPAriba
Procurement
Expo2020
supplychain
2 min
SAP Ariba will fully digitise and automate the procure-to-pay lifecycle for more than 25,000 suppliers at this year’s Expo 2020 Dubai

SAP Ariba will provide a unified digital procurement and payment platform for more than 25,000 suppliers at Expo 2020 Dubai

The global trade event, this year hosted in Dubai, was rescheduled from last year and will now take place between 1 October 2021 and 31 March 2022. 

As the event’s Innovative Enterprise Software Partner, SAP Ariba solutions will fully digitise and automate the procure-to-pay lifecycle, providing a streamlined experience for thousands of market leading, global suppliers and strengthening the global supply chain with enhanced transparency and efficiency. The cloud-based platforms operate through on SAP Ariba’s UAE public cloud data centre and connects to the Ariba Network. 

Expo 2020 "a long-term investment"
 

Mohammed AlHashmi, Chief Technology Officer, Expo 2020 Dubai, said the world trade event is  “a long-term investment in the future that aims to enhance opportunities for sustainable business connectivity and growth”, which stretches beyond Expo 2020’s six-month window. 

“Our partnership with SAP is an example of what can be achieved with the invaluable support of our technology partners to host one of the most digitally advanced World Expos ever,” he added. “The implementation of SAP Ariba solutions has transformed our end-to-end procure-to-pay cycle and helped set new standards of procurement automation for projects of this scale.”

To date, more than AED 1bn has already been transacted by Expo 2020 suppliers through SAP Ariba. The platform promotes collaborative partnerships and allows registered users to participate in sourcing events, negotiate and initiate contracts, and centralise their invoicing and payments in real time. 

Claudio Muruzabal, President of EMEA South, SAP, said: “Expo 2020 Dubai is demonstrating global best practices in digitising its procurement process with SAP Ariba solutions to help gain visibility into its spend, tighten collaboration with its suppliers, and achieve process automation, including completely paperless invoicing.”

About Expo 2020 Dubai
 

Expo 2020 will take place in Dubai and is the first of the long-running World Expos to be hosted in the Middle East, Africa and South Asia territory. The original World Expo, called the Great Exhibiton, was hosted in 1851 at the Crystal Palace in London, designed as a showcase for the innovations of the Industrial Revolution. 

Expo 2020 was originally due to run 20 October 2020 to 10 April 2021, but was last year postponed in light of COVID-19 restrictions - though some business has already taken place virtually. The event will place greater emphasis on innovation in sustainable solutions through the Sustainability District, blending technology and culture. It is expected that around 70 per cent of the 25 million attendees will be international visitors. 
 

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