SITUATION:

$200MM PortCo of $4.5B test/ measurement conglomerate sought cost savings without sacrificing quality and working capital for $1.7MM of die-casting products

ACTION:

Led Strategic Sourcing process, identified best-value-country suppliers, awarded business, qualified products, and implemented items into production. 

  • Evaluated BVC suppliers
  • Awarded 21 parts to India-based supplier w/ turnkey machining capabilities
  • Implemented savings into production
  • Tracked savings to client’s bottom-line

RESULTS:

43% landed savings
$731K save on $1.7M spend via India-based supplier with equivalent quality
Awarded to BVC supplier with shortened lead-times via local supplier warehousing
Qualified products into production