Building and executing a strategic sourcing pipeline pre-close.
Situation
A $2B PE fund looking for a strategic sourcing pipeline pre-close for its $200MM PortCo.
Actions
- Sized cost savings, evaluated supply chain org, and created prioritized value creation plan pre-close
- Delivered ‘quick wins’ within first 100 days and sourced eight categories to achieve cost savings within first year
- Installed and trained new procurement organization to sustain value
Results
15%
savings on $965k Labels spend
29%
savings on $424k Ocean FCL Freight spend
43%
savings on $2.3M FTL Freight
50%
reduction in 1st 90 days
19%
savings $2M LTL Freight spend
21%
savings on $342k Ocean LCL Freight spend
31%
savings on $1.1M Airfreight spend
6%
savings on 43.2M Contingent Labor spend
