Direct sourcing delivers savings.
Direct sourcing means savings for BSS
Published: 29 November, 2010
LEICESTER: BSS Group reports that direct sourcing in its specialist division has helped save it over £2.5m during its first half year.
Unveiling its unaudited interim results for the six months ended 30 September 2010, the builders' merchant group reported that its specialist division has had a "much better half" with revenue up 10.7% and operating profit doubling.
It noted that direct sourcing in its Birchwood Price Tools business, which is included in the specialist group, delivered "significant" savings.
"The direct sourcing capability of Birchwood Price Tools continues to make a significant contribution. BPT has brought gross margin procurement benefit to the group in excess of £2.5m in the first half," said the company.