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