Company: IBM Corp.
Headquarters: Armonk, NY
Size of Company: 1,000 or more employees; more than $1B in revenue
Industry: Miscellaneous manufacturing
Primary Product Line: Servers and systems, software, storage, OEM systems, Internet security, semiconductors, point-of-sale and self-service offerings
Name of Project: Procurement Transformation
Project Objective: To establish common processes and common technologies; eliminate unnecessary work; introduce strategic sourcing in an organization that conducts business in 62 countries and manages more than $40 billion in spending
Technologies Employed: Model-Driven Business Transformation Tool-Kit
Accomplishments/ROI: $1 billion in efficiencies over the past five years; $250 million in benefits in 2008; total cost reduction of $6.4 billion in goods, services, and spending