4C Associates, a leading procurement solutions company, has been appointed to provide De La Rue with an outsourced procurement service for their indirect spend.
The contract, awarded to 4C’s Outsourced Procurement Services team, forms part of De La Rue’s drive for optimising their procurement organisation. A team of procurement experts will be working full time from De La Rue’s head office in Basingstoke managing all areas of indirect spend.
Under the agreement the team will provide a range of services, which includes sourcing, Pro4C technology implementation and integration, and global category management solutions.
“The appointment of 4C supports our corporate strategy for delivering increased efficiencies throughout the group. After a rigorous review they were selected based on their demonstrable experience in this area and the proven success with which they have worked with their other outsource clients. This appointment will allow us to focus on our core competencies and deliver greater value to the company” said Andrew Vaughan, Group Procurement & Supply Chain Director, De La Rue.
“This is fantastic news for 4C and we are looking forward to a long-term partnership with De La Rue. We are delighted that we have been chosen to support them in achieving even greater operational performance. This relationship helps to build a real critical mass of outsource clients and spend under management that will benefit all our clients going forwards”, said Andrew Loken, Managing Partner and Head of 4C’s Outsourced Procurement Services Practice.
If you have any media queries, please contact Petra Urhofer:
Direct: +44 (0)20 7605 1619