Global

Commercial and Home Products Manufacturer Acquired by major private equity firm

Key Materials Sourced:

Wood, Metals, and Chemicals

Challenge:
  • Immediate need to create value by aggressively cutting costs
  • Absence of structured supply chain processes
  • Organizational talent gap
Solution:
  • Held various total cost management workshops, identified and prioritized opportunities
  • Implemented global sourcing council and steering committee
  • Phase 1: deployed hands on team leading cost savings projects, developed and implemented strategic sourcing process
  • Phase 2: advised client in building progressive supply chain organization, trained new employees, deployed performance metrics, and kicked off second round of total cost management workshops
Results:
  • Phase 1: delivered $30M annual cost savings
  • Phase 2: delivered additional $18M annual cost savings, built supply chain organization, enabled post-engagement sustainability
  • Transferred process throughout global organization