This global high technology market-leading provider of systems and services to the transportation and defense markets has grown rapidly through acquisitions over several years. However, a lack of integration and accelerated growth had created a fractured company whose procurement approach held no strategic benefits. Each separate site procured what it needed with zero centralization and a strictly tactical approach to supply chain operations. The company was dealing with over 3000 suppliers which increased the demands on an already overburdened procurement team.
Maine Pointe was brought in to provide visibility to spend and implement sustainable growth and savings throughout the organization.
The decentralized model and lack of data meant leadership was operating in the dark with no visibility to how and where money was being spent. Maine Pointe’s data analytics team analyzed the company’s data and identified millions of dollars in savings across the supply chain. However, the company’s CFO had questions about our ability to deliver the savings identified while the company had multiple other projects underway. To overcome his misgivings and deliver on our promise, we developed and implemented the following tools and processes:
Maine Pointe’s team approached this engagement in a spirit of partnership, working closely with the client to overcome concerns and taking accountability for the success of the project. This customized approach delivered results which exceeded the client’s expectations. As a result, the client’s leadership asked Maine Pointe to continue the partnership to further reduce cost, increase cash and support their growth in the areas of procurement and global operations.
Working in partnership with our client, Maine Pointe’s subject matter experts took a hands-on approach which delivered the following benefits: