$2.4 Million EBITDA Improvement for Global Manufacturing Company
Client Profile
Leading designer and manufacturer of equipment for the foodservice industry
Client’s Issue
Experiencing heavy growth by acquisition, the client engaged Insight Sourcing Group to lead a 5-month cost optimization project across nine independently operating subsidiaries. This project targeted $22 million in annual expenditures in key direct and indirect spend categories.
Our Approach
Insight Sourcing conducted a rapid assessment of both indirect and direct categories and began a 5-month strategic sourcing campaign that generated $2.4 million in annual EBITDA improvement.
Categories Addressed
- Office Supplies
- Motors
- Small Parcel Shipping
- LTL Freight
- Metals
PROJECT RESULTS: ACHIEVED $2.4 MM IN EBITDA IMPROVEMENT