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A large American consulting firm hired our services to carry out a Procure-to-Pay transformation project with a Speciality Chemicals manufacturer at 4 locations in the Europe. Team of 5 with 2 of our Analysts saved € 3.5M in a span of 4 months.
Process redesign and vendor rationalization in 6 months
1-to-1 tagging of OUTBID’s Analyst to firms Consulting Leads
Actual savings exceeded € 3.5M against target of € 3.0M
Client was a large PE firm, owner of an international group of Specialty Chemicals. They had 27 plants worldwide out of which 4 in the Europe were in the scope of this project. The indirect spend was € 25M. Top end spend included Equipment rentals, labor services and Waste management.
Consulting firm was tasked with streamlining spend management for top-end spend and rationalising vendor base.
Consulting firm adopted our GDS model and onboarded our Analysts in their project team.
"Constant support of analyst helped take load off of Managers leaving them free to engage with the client. Our analysis, documentation and project management was swift and seamless due to extra pair of skilled hands."