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. Initially, the team focused on sourcing a single category, and as a result, they achieved double-digit percentage savings. However, the company quickly realized that broader implementation would require more than isolated successes.
Specifically, the procurement team faced several challenges: they lacked strategic sourcing expertise, had limited supplier management capabilities, and struggled to secure internal buy-in for expanding the initiative across other categories. Consequently, while the initial results were promising, the organization understood that achieving enterprise-wide impact would demand a structured approach, stronger capabilities, and alignment across stakeholders.
Therefore, the company sought to build a framework that could scale proven strategies, strengthen supplier relationships, and embed strategic sourcing into everyday procurement processes, ensuring that cost savings and value creation could be sustained over the long term.
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.
