Each location had the autonomy to make industrial supply purchasing decisions. They could not tell what each location was purchasing and at what prices.
Organize, identify, expose cost savings and vendor consolidation opportunities by location. Achieve company wide cost reduction opportunities.
The WorkCenter organized, identified, and exposed cost savings and vendor consolidation opportunities by location. Company wide cost reduction opportunity totaling 11%.
Seeking cost savings and process organization. Cash is King in their business but they didn't have the resources to dedicate to Industrial Supplies. These items were low priority and a challenge to manage. They were also looking for a more efficient way to search historical spot buy and new BOM (Bill of Material) items.
The WorkCenter can expose total industrial supply spend, improve RFQ and RFP processes and organization. It will also expose supplier consolidation opportunities.
One-stop-shop that has provided 50% reduction in RFQ development time, 12% cost saving opportunities on annual MRO spend, and 9% supplier consolidation identification.
Trying to cut costs and increase margin on a machining operation with disorganized data.
Upload specific industrial supplies (including tooling) part numbers and pricing associated with that operation into The WorkCenter.
The WorkCenter organized and reduced close to 1500 duplicate part numbers then identified over $15,000 in cost savings opportunities that was a component of a 1% margin increase.