Cultural revolution set to save £20m_2
19 July 2012
Communications firm Telewest plans to save £20 million this year after an aggressive programme to improve its culture of purchasing and logistics.
John Spottiswood, group purchasing and logistics director, said that when he joined Telewest last year it had a purchasing spend of £1.25 billion, with only one recognised buyer handling more than 8,000 suppliers.
Since implementing a formal strategy at the end of 2000, the company now sources from 400 suppliers after staff were forced to seek them out by any...