Our client, Maybank, was looking for a solution to tighten its control over its annual procurement spend and provide strategic spend visibility to identify savings opportunities to meet the annual targeted cost savings.
"The solutions provided by MyBiz on procurement spend management services cover all key aspects of the procurement, spending, selling and bidding cycle. Its unique value proposition lies in its visionary management team, best practices in employee management & retention, and in the quality of its solutions for diverse verticals such as banking and oil & gas."
-Frost and Sullivan Commentary
Vision Statement
“Our end-game is a complete set of strategic procurement capabilities at CIMB to enable spend optimisation”
-Tengku Dato’ Zafrul, 26 March 2015
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Design a regional procurement operating model based on best practice to streamline procurement processes and exert better controls in spending
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Drive adoption and implementation of the new operating model and technology solutions throughout the region
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Deliver quick win savings while building strategic sourcing and category management capabilities to deliver sustainable annual procurement savings
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Introduce leading procurement technology from day one to enforce compliance to procurement policies and improve spend transparency