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Representative illustration: An international maker of branded brooms, mops and sponges set aggressive cost targets ahead of an expected hard year.

Case Study · Consumer Products

An international maker of branded brooms, mops and sponges set aggressive cost targets ahead of an expected hard year.

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1Challenge

Business was growing toward record profits, but the industry expected a difficult year ahead. Management wanted lower direct and indirect spend and a better sourcing process.

2Approach

  • Grouped spend into categories, agreed priorities and built a strategy for each
  • Targeted transport, display cartons, banderole and flexible packaging first
  • Cleansed vendor data, qualified new suppliers, ran bids and negotiated contracts with a transition plan

3Results

13%

Average savings, first three categories

$500–600K

Aggregate savings

4:1

ROI

The client next turned to steel, plastic, cotton and sponges.

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