EBG | Network

Electrolux Key Note Speaker at Source 2 Pay Summit 2016 in Stockholm

Press Release   •   Dec 21, 2015 15:32 CET

Key Note: The Electrolux journey of Indirect Purchasing to become a relevant Business Partner

Electrolux is a global leader in household appliances and appliances for professional use, selling more than 50 million products to customers in more than 150 markets every year.The company focuses on innovations that are thoughtfully designed, based on extensive consumer insight, to meet the real needs of consumers and professionals.Electrolux products include refrigerators, dishwashers, washing machines, cookers, air conditioners and small appliances such as vacuum cleaners sold under esteemed brands like Electrolux, AEG, Eureka and Frigidaire. 

As with many global companies, Electrolux has grown mainly through acquisitions.This inevitably increases complexity (e.g. numerous ERP-systems, cultures and ways of working). Also like in many other manufacturing companies, the indirect spend within Electrolux was managed locally without a central governance. Today Silvio Vanzo (Procurement) and Paul Mol (Finance) will tell a story about how Electrolux successfully established a global indirect procurement function.They will elaborate on their challenges and how they successfully

implemented a cross functional collaboration model. Items they will touch on are: 

- Acting global within a regional setting

- A global framework with regional execution - Balancing topdown vs bottom up

- Building trust and how finance is essential to this 

- Being a relevant partner as driver for successful collaboration

Silvio Vanzo, VP Purchasing & Paul Mol, Global Finance Director and IT Director, Electrolux

EBG | Network startades 2010 av Anna Bjärkerud med ambitionen att samla och dela erfarenheter kring elektronisk affärsprocessutveckling bland Nordiska företag och organisationer. Fokusområden är köparens önskan att styra och kontrollera flödet från behov eller inköp till betalning, leverantörens från order till betalning. Eftersom denna process i stora bolag är extremt funktionsindelad anser EBG att det behövs funktionsövergripande forum som hjälper bolag att effektivisera och automatisera för att realisera förbättrade resultat, ökad spårbarhet och nöjdare kunder och leverantörer. EBG driver idag även den årliga konferensen Source 2 Pay Summit

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