INDUSTRY Industrial Products (Mining Equipment)
ANNUAL REVENUE 4B €
“We needed to counter the industry downturn, with a new approach to identify and delivery cost savings in our global logistics organization”
-CPO
350+ ideas
for cost savings identified
10 %
cost saving delivered
Embedded
the SCORE approach in the global category team
The Big Idea
Reduce logistics cost quickly to counter the industry downturn: To counter the downturn in the industries business cycle, the new CPO of a capital equipment manufacturer needs to reduce the cost base while building best-in class procurement capabilities at the same time.
Blueprint and Roadmap
We identified cost reduction opportunities in a balanced manner by applying a joint approach for the global logistics function and the business units.
We used our proven SCORE method to identify cost savings across 6 geographies (Europe, Africa, North America, South America and Australia/Asia). We conduct 6 Workshops across all these regions.
Creating Impact
- Revision of all procurement categories
- Cost savings exceeding the initial savings target identified
- The identified cost savings and the SCORE approach has been handed over to enable the internal organisation for follow-up and implementation.
The sust.biz Advantage
- Our Industry expertise
- Our Procurement expertise
- Our practical, hands-on and results-focused approach
- Our ability to bring together cross-functional and globally dispersed teams
