May 21, 2020

How a procurement transformation helped to mould Ansaldo STS into a transportation leader

Bizclik Editor
1 min
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(Norwich, UK, 06/12/2018)

As a Hitachi Group company, Ansaldo STS has leveraged its international experience to transform transport systems across the globe.

Today, the technology firm has designed and implemented solutions in around 28 countries, generating about USD$1.5bn in turnover.

As it expands its global footprint, Ansalso STS has embarked on a procurement transformation to ensure it can cater to its global outlook.

The firm has undergone a restructuring, creating a new procurement organisation that deals with the engineering, development, manufacturing, construction, and supply chain of projects.

After zeroing in on the best procurement practices and processes, digitisation as seen as the next natural step and so the firm also implemented a new digital procurement platform.

“Our procurement team is fully involved from the beginning of the process and can lead the sourcing of each package,” explained Filippo Fanfani.

“It’s really important for us to be updated with the latest digital transformation. It’s not something to be considered ‘nice to have’, it’s mandatory.”

You can read the full feature on Ansaldo STS in the latest issue of Business Chief Europe.

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