ZIFFPAGE TITLESupplier Coordination

By Briana Hallstrom  |  Posted 2005-07-08 Email Print this article Print

WEBINAR: On-Demand

Re-Thinking HR: What Every CIO Needs to Know About Tomorrow's Workforce REGISTER >

Returns on investment for the Baseline ROI Leadership Awards handily topped 1,000%, courtesy of the Internet.

Supplier Coordination

Company GlaxoSmithKline

Annual Return 5,451%

Project: Drugmaker GlaxoSmithKline was looking to cut costs associated with developing products still in the research and development stage. The aim was to implement a single system to handle spending analysis, negotiation, supplier management, contracts and compliance, and other aspects of its business. The company chose Emptoris' enterprise supply management system to negotiate contracts more quickly with half the resources, thus cutting administrative costs. The money saved on the project was funneled into R&D and marketing.

The Winners:
Grand Prize:
Company:American Express
Annual Return: 2,736.1%

Productivity and Operations:
Company: SBC
Annual Return: 1,191.7%

Company: InterContinental Hotels Group
Annual Return: 847%

Customer Service:
Company: Audiovox Corp.
Annual Return: 2,288%
Supplier Coordination:
Company: GlaxoSmithKline
Annual Return: 5,451%

Performance Management:
Company: GlaxoSmithKline
Annual Return: 2,212.2%

Data Management:
Company: LyondellChemical
Annual Return: 193.2%

Business Intelligence:
Company: Avendra
Annual Return: 193.2%
Public Sector:
Company: University of Houston
Annual Return: 2,354.3%

Decision Support:
Company: State of Missouri,
Office of Information Technology

Annual Return: 546.3%

Company: SkinCeuticals
Annual Return: 1,184.6%

Company: Medical Mutual of Ohio
Annual Return: 230.9%



Submit a Comment

Loading Comments...
Manage your Newsletters: Login   Register My Newsletters