Cost Optimization for a Mid-Sized Manufacturing Firm

Challenge

Client struggled with high raw material costs, inconsistent supplier pricing, and long lead times.

Solution

• Conducted a spend analysis across 8 vendor categories.
• Onboarded alternate regional suppliers for metals and logistics.
• Used e-Auction tools to negotiate better pricing.

Results

• 12% reduction in annual procurement costs.
• Improved supplier reliability by 28%.
• Lead time dropped from 14 days to 6 days.