Cross-functional management of key commodities for a North American Utility
North American utility: Oliver Wyman assisted this client in implementing cross-functional management of key commodities, improving standardization (item reduction of 30-75% depending on material class), inventory (turns increased from 1 to 4), and supplier partnerships. The work resulted in 25% annual savings and a one-time 50% inventory improvement.
Experience
Representative Value Sourcing client engagements include:
Reductions in "total cost of materials ownership" for international airline >
Integrating the procurement functions of two merging telecommunications companies >
In-depth assessment of sourcing practices for an international automotive manufacturer >
Rapid savings realization for a European entertainment group >
Unified procurement database analysis for a global computer manufacturer >
Cross-functional management of key commodities for a North American Utility >
