Results
Manufacturing and Services:
Express Freight Case Study
Client Profile
A $12.5B producer and processor of meat products.
The Project
The client purchased $3.9M of express freight services annually from a single supplier.
The Solution
SRM performed a benchmarking assessment, comparing the client's prices to those exprienced in the market based on their spend and usage profile, and entered into direct negotiations with the incumbent supplier to bring their pricing in line with the market.
The Results
At the project's conclusion, SRM assisted in the execution of a contract that resulted in $0.5M in annual savings, an 12.8% reduction in purchases for the services provided. All business remained with the incumbent supplier.