Baking Giant Turns to E-Procurement - ' Interstate Bakeries Base Case ' (
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Interstate Bakeries Base Case
Headquarters: 12 East Armour Boulevard, Kansas City, Mo.
Chief Information Officer: Michael Holdgraf, Vice President of IS
Senior Vice President, Purchasing: Brian Stevenson
Financials in fiscal 2001: $3.5 billion in revenue, $61.1 million in net income, 2% net profit margin
Challenge: Transform paper-based processes into electronic processes; cut indirect procurement costs by buying on the Web; lower prices on contracts with suppliers; and put billing online
Baseline Goals:
Knock $6 million off $120 million in indirect purchasing costs
Replace check-writing with electronic payments
Equip 64 of IBC's bakeries to buy online this year
See a return on the company's $1.5 million investment in the project within a year
Projects: Supply Chain 
