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Barclays Bank
Atlantic Global Corporate Vision gives the Procurement Division a deeper understanding of its business - gaining visibility over their project and resource activity allowing them to align operational processes with strategic goals in order to ensure maximum efficiency of the whole organisation.
Barclays
Barclays is a UK-based financial services group engaged in banking and investment management. With a presence in over 60 countries, Barclays has emerged as one of the leading providers of coordinated global services to multinational corporations and financial institutions.
"The solution delivered greater visibility over the entire enterprise and has enabled Group Sourcing to make more informed and better decisions on a continuous basis." Part of the group's success is their ability to continually drive internal business change in order to meet new market opportunities and competition. Relationships with strategic suppliers play an important role in driving such change and the responsibility for sourcing and supply management is assigned to Barclays Group Sourcing who ensure that the group is able to meet new market challenges with the best business solutions provided by the best supplier partners.
Business Challenge
In the drive to improve their delivery across the group, Barclays Group Sourcing looked closely at their internal services to ensure the best means of providing visibility over divisional activities. "Underpinning this driver was the development of a model that would provide efficiency without compromising operational effectiveness."
To achieve this Barclays Group Sourcing needed to gain visibility over their project and resource activity while simultaneously streamlining many of the division's administrative procedures such as management information and report writing. Moreover, it was essential that the structure had to enable the executive decision-making stream to see within one single integrated view their group-wide resource utilisation pool and how they were being deployed against anticipated demand across the business' portfolio and how it was impacting delivery against targets.