3i expands purchasing department

Venture capital company 3i is to expand its Birmingham procurement division as it seeks savings through centralised purchasing and more global contracts.

“We’d like to have some sort of input to other parts of the company’s purchasing,” services development manager Lewis Claxton told SM.

3i will consider a major rationalisation of its supplier base. “Around 80 per cent of suppliers would not be unrealistic,” he said. “The key issue is to raise the credibility of purchasing in the rest of the business.”

3i...

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