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Lloyds TSB: improving procurement processes
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Lloyds TSB goes live with e-procurement

The system is being rolled out to 72,000 staff

Tom Young, Computing 07 Jun 2007
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All 72,000 staff at Lloyds TSB are to use electronic procurement for buying goods and services.

The system was developed in partnership with SAP Consulting and Capgemini UK.

It is a key part of the Lloyds TSB Group’s major Procurement Transformation Programme, says Mark Swyny, service and systems director, group procurement at Lloyds TSB.

'It will allow us to optimise control of spend and reduce costs,' said Swyny.

'Lloyds TSB is taking a strategic approach to align technology with business plans in order to provide an even better service for customers and a more effective way of working for employees,' he said.

See also:

Picture of Lloyds TSB bankNew software will examine data to detect suspicious activity  06 Jun 2007
Lloyds TSB says earnings per share under IFRS will be approximately 6% lower under IFRS  20 Jun 2005
LloydsTSB54 per cent of PCs and laptops have been infected by computer viruses  20 Apr 2005
Lloyds TSB has scrapped the launch of its UK internet bank, Evolvebank, and will instead concentrate on an online venture with Centrica.  15 Dec 2000

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