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Case Study: Centralized Procurement - Diversified Manufacturing Company
Utilizing a global cross-functional team, we helped our customer create a centralized procurement team for select categories that was successful in aligning corporate and division resources and delivered annualized savings of $24M on a stretch goal of $17M in the first year.
Project Results
Project Scope, $M
Project Highlights
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Divisional support secured for centralization of key categories
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Corporate team built and trained
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Global category teams formed, trained and launched
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Established common objectives for corporate & divisional team members to ensure alignment
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Actionable category strategies developed
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Strategic Sourcing projects executed
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Company wide supply agreements implemented
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Delivered annualized savings of $24M on a stretch goal of $17M
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