Cross-functional sourcing effort to deliver savings in challenging distribution business.
Situation
A PE Firm with $6B in assets seeking cost optimization partner for $300MM supplies distribution PortCo with 30 locations.
Actions
Led sourcing process for 18 categories with roughly $57MM in combined spending.
- Analyzed more than $86MM in spending
- Identified creative savings despite lack of room allowed for product changes
- Led competitive RFP processes and supplier negotiations for each category
Results
4.4%
($2.5MM) savings
+YOY
exceeded internal savings targets
