Boots to save £30m in procurement shake-up
3 April 2012
High-street retailer Boots is on target to shave £30 million from its annual procurement spend this year, writes Robin Parker.
A 15-month project to centralise and streamline the company’s purchasing, to be completed in June, produced £17 million in annual cost savings in the first nine months.
Last January, procurement was charged with making nearly a third of Boots’ proposed company-wide savings of £100 million.
It set up a 45-member procurement services unit to centralise and...