Spend Management for large US distributor

We supported a large Consulting firm that was tasked to reduce indirect spend. A dynamic team of 6 (3 from the firm + 3 from OUTBID) delivered savings of $16M against a target of $12M in a span of 4 months.

Purchase Cost Reduction at an American Retail Distribution
Faster Result Icon

1.5✗ Faster
Time to Results

Top-end spend RFP completed 2-months ahead of schedule

Jump in Gross Margins

35% Jump
In Gross Margins

1-to-1 tagging of OUTBID’s Analyst to firms Consulting Leads

Value Increased Benefits

40% Value
Increased Benefits

Actual savings exceeded $16M against target of $12M

Procure-to-Pay transformation for a US chemical major

Background

Client was a large Food Distribution company based out of Grand Rapids, MI. The Contracts & Services spend was $95M per annum. This included Contingent Labor, Maintenance labor, Refrigeration services, Admin support staff, IT, MRO, Cleaning services etc.

Consulting firm was tasked with finding opportunities to reduce spend.. on a tight budget.

Consulting firm adopted our GDS model and onboarded our Analysts in their project team.

OUTBID did the heavy lifting

We supported the Consulting team in key project activities below

“ We were able to execute the project rapidly because we could delegate all analytics to the analysts. We were saved of heaps of excel spreadsheets, rework, bordering and colouring, that took up so much of our precious time before.”