SME Electronics manufacturer saves over £250k on components, packaging and logistics
SME Electronics manufacturer saves over £250k on components, packaging and logistics
Mid-size electronics manufacturer specialises in sub-contract electronics manufacturing and electronic components across four UK sites. Part of one of the world’s largest distributors and manufacturers of electronic components. Primary customers are Industrial, Aerospace, Military & Medical.
Initial Spend Analysis & Opportunity Assessment identified and planned a rapid programme of procurement cost reduction across all key component, logistics and packaging spend.
Strategic sourcing programme across 6 categories to deliver identified cost reduction.
Sourcing strategies included re-negotiations with suppliers, full tender processes and service delivery improvementsChallenging environment as many components client-specified.
Total saving of >£250k delivered
Consolidation of suppliers across all sites, using leverage of higher volume
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