The VP of operations and supply chain at EaglePicher, a specialty materials and chemicals company, talks candidly about his experience of working with Maine Pointe.
He explains:
- The challenges facing the organization: the drive to reduce manufacturing costs, run more efficiently and free up working capital
- The solutions implemented: developing the right tools for their business, deploying the Total Value Optimization (TVO)™ approach, and transforming the culture
The Results:
- Enhanced the functionality and value of their existing product portfolio
- Improved competitiveness
- Achieved immediate 10% YOY savings on direct materials cost with existing suppliers
- Improved profitability by 10%
- Decreased supply risk
- Moved the company’s procurement team and capability up the maturity curve
- Identified first quick win savings within 12 weeks
- Implemented best-in-class strategic procurement procedures
- Achieved a ROI of 4:1 in year 1 leading to 5:1 in year 2