Expense Reduction Analysts

Tom Rumboll, Chief Executive Officer at SYNETIQ, had the challenge of integration after the merger of four businesses. The key challenge involved simplifying the complexity of suppliers and most importantly, harmonising their ways of working and processes. A number of integration workstreams were established, procurement being one of them.

Key challenges were the legacy of different stakeholders, systems, processes and a disparate supplier base.

Given the immediate need to address these key goals and challenges, the resources required and complexities involved in delivering prompt solutions, ERA were identified as the external procurement experts to help deliver cost optimisation and benchmarking.