How a global manufacturer reduced costs in ocean sourcing while still meeting capacity needs
A renowned industrial manufacturing conglomerate with more than $200 million in annual spend volume, this Keelvar customer was searching for an e-Sourcing solution that could quickly collect and analyze ocean carrier proposals, increase efficiency and reduce costs – all while still ensuring capacity needs were met.
With Keelvar’s Sourcing Optimizer implemented, the customer was able to analyze lowest-cost results in addition to the cost impact of their business preferences, and gain more control over the cost of their decisions.
- Savings of 20% in annual RFP vs. prior bid rounds
- 40% time reduction in managing data and processes
- Multi-objective award criteria with rich scenario analysis