How a global tech company shifted to a Dynamic Market Sourcing strategy for logistics
The strategic sourcing team at this US-based global technology giant has responsibility for managing the global category spends for logistics across various business units. However, with spreadsheets relied on for sourcing processes, too much valuable time was being spent on administrative tasks and analysis. This cumbersome process harmed business as the company could not optimize its sourcing to find the best results.
Read how this customer used Keelvar's technology to switch to a dynamic market-based sourcing strategy and achieved results, including:
- $60 million cost avoidance in 12 months
- Improved risk management due to constant market visibility within the sourcing tool
- Greater time savings, decision making and an ability to react quickly to market change