Wistron's receivables purchasing strategy
Apr 13, 2015
How DBS Taiwan increased operational savings by 11%
The Taiwan-based lender has saved millions through its strategic budget management philosophy.
In 2014, DBS Bank (Taiwan) increased savings made on operations by 11% on the year before. A primary driver of this was improving sourcing efficiency by 40% over the same period. Although DBS would not comment on the exact number, the savings came into the low millions of US dollars and achieved its overall target.
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