Achieved 17% Savings and Significant EBITDA Improvement through Sourcing
Client Profile
Two companies with common investors that are both $1B leading manufacturers
Client’s Issue
Operating as separate entities under common ownership, the clients both needed to optimize costs and improve EBITDA. Similar spend profiles offered the opportunity to realize savings and other synergies in a number of categories.
Our Approach
Spend profiles and geographic footprints from each company were compared to identify opportunities for savings or other synergies through strategies such as price harmonization, spend aggregation, co-sourcing, and consortia.
Categories Addressed
- Inbound Truckload
- Office Supplies
- Pallets
- Corrugated
- Fasteners
- MRO
- Sewing Supplies
PROJECT RESULTS: Achieved 17% Savings & significant ebitda improvement