Cosmetics group L’Oréal has awarded a three-and-a-half year procurement co-sourcing contract to Xchanging, which will manage a significant amount of indirect procurement on behalf of L’Oréal across five countries – France, the UK, Germany, Italy and Spain.
Xchanging will operate on a co-sourcing basis working alongside L’Oréal’s purchasing team to streamline purchasing processes and improve overall quality and cost.
The contract spans various categories of indirect spend including: information technology and telecommunications, facilities management, human resources, light transport and logistics supplies, travel, industrial supplies & services, utilities and laboratory supplies. Xchanging will also provide procurement management activities including reporting, supplier and contract management.