Optimized Costs and Achieved Significant Savings in Four Major Categories
Client Profile
$100MM designer and manufacturer of home textiles
Client’s Issue
The client’s finance team was tasked with optimizing costs but lacked a centralized, strategic procurement function to identify and achieve savings.
Our Approach
Insight Sourcing was engaged to accelerate savings in four identified categories. In particular, the firm resolved perceived constraint in packaging that constantly changing artwork limited sourcing opportunity by developing a creative pricing matrix to allow suppliers to provide consistent pricing.
Categories Addressed
- Truckload
- Corrugated
- Ocean Freight
- Packaging (Poly Bags)
PROJECT RESULTS: Optimized Costs and Achieved Significant Savings