Case Study
Optimization of purchasing
1 Min Read
at supplier of refrigeration technology
A provider of turnkey refrigeration systems and services in the food industry faced significant challenges: an inefficient purchasing process, limited know-how and a lack of organizational maturity. Templates and processes were created to methodically support buyers. Successes include building a new purchasing organization, introducing a market-standard tool to track all savings measures, and an expected overachievement of the purchasing target.
Company
- Provider of turnkey refrigeration systems and services in the food industry
- Around 4,000 employees in over 20 European countries
- Approx. $2b in revenue
Challenge
- Reorganization of decentralized purchasing after company takeover
- Inefficient purchasing process, little know-how and lack of maturity of the organization
Goals
- Enforce cost savings
- Introduction of clear structures and processes in strategic purchasing
Measures
- Integration of all potentials into individual projects
- Setting up an MP program with monthly reporting to the board
- Creation of templates and processes for methodical support of purchasers
Results
- Establishment of a new purchasing organization, corresponding structures and processes in strategic purchasing
- Introduction of a marketable tool for tracking all savings measures as well as MP reporting
- Expected to exceed the 2024 purchasing target (target $14.7m)
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