Transforming from tactical to strategic sourcing:
How a large marine projects company improved efficiencies across the business
A North American company specializing in large-scale marine projects saw an opportunity to drive significant cost savings through strategic sourcing. An initial effort to source a single category delivered double-digit percentage savings, but the company’s procurement team lacked strategic sourcing expertise, supplier management capabilities, and internal buy-in for a broader implementation.
ProcureAbility’s strategic procurement solution:
Strategic sourcing optimization
Leveraging procurement analytics, market intelligence and supplier negotiations to maximize cost efficiency.
Procurement process improvement
Implementing best practices for category management, supplier relationship management (SRM), and contract lifecycle management.
Procurement team enablement
Providing procurement consulting and training to equip the team with advanced sourcing capabilities.
Client impact & measurable results:
Surpassed cost savings targets
Delivered increased value across multiple categories
Shifted focus from reactive to proactive procurement
Developed a long-term procurement strategy
Strengthened supply chain resilience
Improved procurement efficiency across the organization
Access the full case study below to discover how a data-driven strategic procurement transformation can optimize costs and elevate your procurement function.
