Free Spend Cube development!x

US Global Manufacturer

Situation

A long time member asked CoVest to aid in reigning in their international and US office supplies spend under one supplier.

Approach

CoVest aided in the information gathering process and created a comprehensive database of international line item spend.  We engaged our supplier partner, Staples, to benchmark the pricing, create core lists and identify savings.

Impact

This engagement created a sizable savings opportunity for our member, as has been common with many international program expansions.

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Company Description

Global Manufacturer

Category

Office Supplies

Product Sub-Categories

  • Paper
  • Toner
  • General Office Supplies

Current Supply Situation

  • Contracted
  • One supplier – entire EMEA

Procurement Strategy

Category had been sole sourced at a country level

Time of Engagement

The implementation took approximately 2 1/2 months, with around 2 months in the front end for benchmarking, core list development and contracting.