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Phil 7 Corp. Generates Savings


Manila, Philippines, May 5, 2011 -- Philippine Seven Corporation (PSC), operator of the hugely successful 7-Eleven chain of stores in the country, has reported a whopping 38% in annualized savings for marketing print services. This positive development is the end result of a Strategic Sourcing Project initiated by the company in collaboration with TransProcure. The project introduced a new sourcing approach to manage Philippine Seven Corporation's large marketing print spend by utilizing a structured sourcing process evaluating supplier qualifications, maximizing the scale of the requirements, and fully understanding rate-based costing sheets to manage the spend of marketing print. Due to the success of the project, Philippine Seven Corporation is embarking on a procurement transformation program that will channel more spend and various spend categories through an institutionalized process of strategic sourcing as well as deploying a more robust procure-to-pay solution to deliver process efficiency, compliance, and enterprise-wide visibility.




About TransProcure  (www.transprocure.com)


TransProcure is the leading global procurement solutions and services company and the first in providing Procurement Business Process Outsourcing (BPO) and Out-tasking Centers located in key cities in Asia with presence in Asia-Pacific, North America, Latin America, and Europe. It has also a Central Procurement Shared Services Center headquartered in Manila, Philippines. TransProcure assists companies to accelerate the value of procurement by extending its many services around the procure to pay cycle and ancillary services at efficient and low-cost country position. Information is available at www.transprocure.com



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