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Lloyds Banking Group plc

How procurement transformation can drive business value, continuity, and resilience

Lloyds Bank has been serving the households, businesses, and communities of Britain since 1765. To serve more than 30 million customers, Lloyds Banking Group relies on their vast network of global suppliers.

With a need to unify and standardize procurement processes – and gain deep data insight to ensure stable, secure, and compliant supply chains for the bank and its customers – Lloyds embarked on a digital procurement transformation process.

Read this business transformation study to learn how Lloyds is using SAP Ariba solutions to enable supply chain visibility; automate procurement workflows for 65,000 employees; and increase supplier trust with a 30-day pledge for supplier payments.

 

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