Flynn 2005 - Consumption and Specification Management:...

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Consumption and Specification  Management: Bristol-Myers Squib Anna E. Flynn Presented by: William Galton and Kelly Gatling
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What’s Interesting Consumption and Specification Management (CSM)-   “Assessment of Internal demand  for external goods and services to identify underlying costs align purchases with  business needs, and eliminate unnecessary consumption” Focus is internal on the quantity, frequency, and specifications requested by  internal users  Bottom-line: the procurement team can drive more savings, than through  traditional sourcing alone 
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Company and Project Overview Bristol-Myers Squibb (BMS)  is a leading provider of medicines to fight  cancer, cardiovascular and metabolic disorders, infectious diseases and  schizophrenia BMS launched a formal CSM program in September 2003 as part of a  company wide productivity effort Objective was to formalize CSM and develop necessary tools, processes,  and operating model to embed CSM; and drive savings across BMS Strategy: Procurement Excellence; Sub-Strategy: Consumption and  Specification Management 
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Program Scope and Timing 1. First Wave- (approximately 12 weeks)  Included temporary labor,  group meetings, travel, consulting, and automobile
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Flynn 2005 - Consumption and Specification Management:...

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