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Procurement Transformation
Procurement Transformation
$4B Equipment and Services Provider
Background
- A $4B+ provider of equipment and services for data centers with 25 manufacturing and assembly locations worldwide
- The private equity investment thesis of EBITDA(R) growth through reorganization, process improvement, and a finance link
Contributions
- Reorganized the Americas procurement division to be commodity-focused
- Created job descriptions for all roles
- Assigned a commodity manager to be the key contact point and supplier relationship owner
- Created a supply manager role for each commodity
- Implemented a procurement skills assessment tool
Results
- $2M operating expense (OPEX) reduction
- 75% increase in each commodity managers spend
- Reduced FTEs 36%
- Heightened focus on solving material availability issues impacting plants