Erste Group Procurement (EGP) Erste Group Procurement provides best-in-class supply management for its customers without drama or fanfare. Effective results delivery. We strive to be quietly amazing. Erste Group Procurement ensures for its customers: Compliance to processes and standards of Erste Group Bank AG Optimisation of expenses towards third parties based on total cost of ownership Optimisation of costs for supply management Transparency for risk acceptance in financial, reputational and contract topics These objectives are supported by the three types of procurement services that have been implemented group wide: - Sourcing: strategic focus, proactive category / supplier management, implementation and execution of sourcing strategies, high value goods / services - Tactical Purchasing: operational / transactional focus, fast / efficient purchasing of lower value goods / services (e.g. eAuctions) - Order Management: transactional focus, call-offs from existing contracts / catalogues, low value goods / services