
Procurement excellence at online bank
OPX Partners was asked to develop a procurement framework and drive selected purchasing initiatives. The new owners had highly ambitious plans for the company, targeting 5X profit after four years, and
needed to utilize multiple levers to achieve their goal. During a 16 week engagement, OPX Partners
supported the client to: Develop new purchasing processes, policies and a blue-print for a
category management organization Hire a Head of Purchasing, including defining key activities for first
year Drive selected category initiatives, including: IT consultants, IT hardware, Temp labor, Fund kick-backs (top-line cost) and IT systems
Upon completing the project, OPX Partners had achieved savings of
10-25% in the targeted category initiatives as well as drastically improved
scalability (relative customer intake) in key IT contracts.
Get in touch
Stureplan 2 114 35 Stockholm Sweden contactus@opx-partners.com +46 8 200 170