Company Overview: Food Manufacturing Company
Business Imperative
- The client needs a comprehensive procurement assessment and overall sourcing and e-procurement strategy.
Scope & Approach
- Completed thorough procure-to-pay process assessment
- Performed strategic sourcing diagnostic
- Recommended an e-Sourcing and e-Procurement strategy and implementation plan
Results Achieved
- Identified $24M to $60M in savings from 3 “waves” of strategic sourcing categories.
- Linked category sourcing strategies with various e-sourcing techniques, including reverse auctions and eRx.
- Recommended phased global e-procurement implementation in order to improve controls and compliance.