11 November 2009 | Allie Anderson
Procurement is to play a crucial role in the future business strategy of Crown Paints following the appointment of its head buyer to the firm's executive board.
Darryl Senior joined the UK's largest independent paint manufacturer as purchasing director last month. He told supplymanagement.com that his appointment demonstrates the importance of buying to Crown's strategy under new ownership.
"It shows the business's commitment to putting purchasing on the map, and recognises the importance of procurement. It creates an opportunity for purchasing to be involved in the vision strategy for the future."
Private equity firm Endless purchased Crown from its previous owner, the Dutch chemical conglomerate AkzoNobel, in August last year.
Senior, who was previously head of logistics at French clothing manufacturer Damartex, said: "As part of AkzoNobel, the major spend on raw materials was controlled at group level. Our main focus for the first 12 months will be to disentangle ourselves from AkzoNobel and get the centralised UK purchasing department up and running. This will also create opportunities for us to work with more suppliers."
Plans for purchasing at the company will be discussed internally this month and are likely to examine ways the department can cut costs and boost the firm's profitability.