$1.4 Million in Targeted Cost Savings
The team at Core Systems carefully analyzed the issues and developed a strategic sourcing plan that would save the company $1.4 million in spending costs.
The team at Core Systems carefully analyzed the issues and developed a strategic sourcing plan that would save the company $1.4 million in spending costs.
After successfully implementing the solutions offered by Core Systems, our client reported $12 million in annual savings costs and reduced their carbon footprint on APAC lanes by 90%.
With the help of Core Systems, our client reported $2.6 million in annual identified savings and $2.1 million in implemented savings.
Core Systems solutions for optimizing the procurement process helped our client avoid stock-outs and maintain adequate inventory levels which reduced supply by 9% and improved accuracy in demand forecasting by 18%.
By week 18 of the project, our client was saving over $5 million per week, leading them to a cost reduction of $25 million annually.