Manufacturing Industry
Alcoa delivers one-two punch: lower costs and lower overhead. (Strategic Sourcing).(procurement department leads cost reduction)
Purchasing, September, 2002 by Porter, Anne Millen
After banking $1.1 billion in cost savings between 1998-2000, Alcoa, the Pittsburgh-based maker of aluminum and aluminum products, has promised its investors another $1 billion worth of cost reduction by 2003. And it's asking its procurement organization to deliver a sizeable piece of the savings through leveraged sourcing, better deals for supplied goods and services, and big internal productivity improvements.
Spearheading the procurement effort with procurement leaders from North America and around the world is Christie Breves, vice president of procurement for Alcoa Business Support Services (ABSS). Breves came to Alcoa through its 1998 acquisition of Alumax Inc., where she spent 18 years in a series of management positions spanning accounting,...
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