{"id":3233,"date":"2013-03-20T15:56:00","date_gmt":"2013-03-20T15:56:00","guid":{"rendered":"https:\/\/www.certitrek.com\/nlpa\/2013\/03\/20\/new-financial-services-procurement-case-study-available\/"},"modified":"2023-06-05T09:13:47","modified_gmt":"2023-06-05T13:13:47","slug":"new-financial-services-procurement-case","status":"publish","type":"post","link":"https:\/\/www.certitrek.com\/nlpa\/blog\/new-financial-services-procurement-case\/","title":{"rendered":"New Financial Services Procurement Case Study Available"},"content":{"rendered":"

The Next Level Purchasing Association (NLPA) has posted another interesting procurement case study on our site.\u00a0 Today\u2019s case study follows the journey of Erste Group Procurement \u2013
\na discrete entity established to manage all external spend for all majority owned entities within Erste Group. Erste Group is one of the largest financial services providers in Central and Eastern Europe. <\/span>
\n<\/span>
\nLike most procurement organizations, Erste Group Procurement had done a fairly good job at fulfilling its mission, but there was room for improvement. No one could have fairly described Erste Group Procurement as being \u201cworld class\u201d a few years ago, yet achieving world class procurement performance was certainly a goal.<\/span><\/p>\n

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Three years prior to this writing, US-born procurement executive Robert Semethy was brought on board as the Managing Director and, later, Chief Procurement Officer of Erste Group Procurement. He describes his work with the organization as a \u201cjourney.\u201d <\/span><\/span>
\n
\nWhere was Erste Group Procurement\u2019s headed on this journey? It was taking them to world class status as a procurement organization. This case study describes the steps in this journey to world class procurement.<\/span><\/span><\/p>\n

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The Next Level Purchasing Association (NLPA) has posted another interesting […]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3233","post","type-post","status-publish","format-standard","hentry","category-procurement"],"yoast_head":"\nNew Financial Services Procurement Case Study Available - Next Level Purchasing Association (NLPA)<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.certitrek.com\/nlpa\/blog\/new-financial-services-procurement-case\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Financial Services Procurement Case Study Available - Next Level Purchasing Association (NLPA)\" \/>\n<meta property=\"og:description\" content=\"The Next Level Purchasing Association (NLPA) has posted another interesting […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.certitrek.com\/nlpa\/blog\/new-financial-services-procurement-case\/\" \/>\n<meta property=\"og:site_name\" content=\"Next Level Purchasing Association (NLPA)\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/NextLevelPurchasing\/\" \/>\n<meta property=\"article:published_time\" content=\"2013-03-20T15:56:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-05T13:13:47+00:00\" \/>\n<meta name=\"author\" content=\"Galo Matagay\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@nextlevelpurch\" \/>\n<meta name=\"twitter:site\" content=\"@nextlevelpurch\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Galo Matagay\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/new-financial-services-procurement-case\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/new-financial-services-procurement-case\/\"},\"author\":{\"name\":\"Galo Matagay\",\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/#\/schema\/person\/72d094fab77892483dfa6e061cb27eaa\"},\"headline\":\"New Financial Services Procurement Case Study Available\",\"datePublished\":\"2013-03-20T15:56:00+00:00\",\"dateModified\":\"2023-06-05T13:13:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/new-financial-services-procurement-case\/\"},\"wordCount\":253,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/#organization\"},\"articleSection\":[\"Procurement\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.certitrek.com\/nlpa\/blog\/new-financial-services-procurement-case\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/new-financial-services-procurement-case\/\",\"url\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/new-financial-services-procurement-case\/\",\"name\":\"New Financial Services Procurement Case Study Available - 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