Achieving Greater Synergies with Sourcing

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Achieving Greater Synergies with Sourcing

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Learn how the merger of two leading companies led to a restructuring of the sourcing operations and helped drive and support $500 million in savings. The VP of Sourcing for Thomson Reuters discusses how the company delivered a strategic sourcing program that fused the business units together post-merger and served as the foundation for common processes across the company. He reviews how the company defined a common view of categories, suppliers and purchasing history — and electronically enabled sourcing and contract processes to improve productivity.

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