From Supply Chain chaos to stability and efficiency
A worldwide renowned supplier of industrial productivity solutions, specializing in compressor technique, experienced strong growth within its spare parts division. With growth came complexity. Spare parts demand spiked, costs increased, and coordination with planning and purchasing teams became strained.
Ambition: Ensuring stability and efficiency amidst growth
To address these challenges and ensure continued growth, the company sought to stabilize its supply chain and improve operational efficiency. The goal was to manage the increased demand and rising costs while enhancing communication and coordination across departments.
How we helped: Sourcing analytics to enhance Supply Chain Resilience
Several procurement tasks were automated with a low-code solution, significantly reducing manual workload and improving accuracy. Material pricing and spend analytics helped to gain insights and better manage rising material costs. Additionally, new sources of supply were identified and engaged to navigate the disrupted market, ensuring a steady flow of critical parts.
Results: Achieving operational stability and efficiency
The implementation of these solutions led to a major reduction in backlog in purchasing, stabilizing the supply of critical parts. Automated routine tasks allowed the purchasing teams to manage high workloads more effectively, ensuring that the company could meet its growing demand without compromising on service quality and cost.
Looking to stabilize your supply chain and enhance operational efficiency? Contact us today to learn how we can help you.
