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ING also announced that it expected to save 300 million euros a year by 2015 through so-called procurement initiatives, which will look to centralize purchasing across the firm to reduce costs.
The next year, she issued an executive order creating a new health policy agency that would centralize purchasing and planning in her office.
For Rio's health-care system, he would use the internet to coordinate hospitals and centralize purchasing for greater efficiency, and work together with seventy nearby cities to upgrade local health care throughout the region, so that Rio's hospitals aren't deluged with patients coming from throughout the state.
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The franchisor maintains quality standards, provides managerial training, conducts centralized purchasing and promotes a common brand.
This represents a significant opportunity to centralize purchases and drive down public spending on medicines.
To halt the slide, the company has been trying to cut costs by centralizing purchasing and other administrative functions.
Centralized purchasing is also crimped by rules that require liquor and tobacco to be bought locally.
"Companies want to centralize their purchases into a few very large vendors.
In the last few years, for example, Applebee's, the restaurant chain based in Overland Park, Kan., has centralized its purchasing of food to save costs and begun varying the pay of its workers more than it had been, in order to retain the most productive ones.
In 2003 then chief executive Martin Broughton began to rein in the corporate empire, centralizing seed purchasing and back-office operations in London and eliminating factories.
Because of the centralized, mandated purchasing of millions of approved books for every public school in their states, Texas and California have enormous influence in determining the content that publishers incorporate in their textbooks.
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CEO of Professional Science Editing for Scientists @ prosciediting.com