Operations performance

Ayming Helps Global Fortune 500 Food Manufacturer Achieve Extensive Savings

"By creating spend transparency and assessing practices and processes, Ayming identified considerable cost opportunities across key spend areas, including finished product transportation, G&A and marketing."

Ayming Helps Global Fortune 500 Food Manufacturer Achieve Extensive Savings

Situation

The Challenge

This Fortune 500 food manufacturer wished to streamline its procurement processes across several countries, and therefore launched an optimization program focused on increasing its bottom line through the reduction of purchasing costs as well as efficiency improvements.

Results

Working closely with the manufacturer's team, Ayming obtained a clear understanding of indirect spend within the project scope and identified key areas for improvement. By creating spend transparency and assessing practices and processes, Ayming's team identified considerable cost opportunities across key spend areas, including finished product transportation, G&A and marketing.

Ayming's detailed optimization program was tailored to the specific categories to address the different challenges presented. This program was implemented with a key focus on delivering sustainable cost savings. The optimization program also looked at improving the planning and procurement processes in order to equip the manufacturer with the right methodology and tools to sustain future benefits.

 

The final result was a reduction in expenditures of over $550K, in addition to improved operational processes and efficiency.