Diversity done right
Situation
A client was spending over $20 million across 18 suppliers for bathroom towels and tissues throughout their system. HAVI Global Solutions and our client identified this as an opportunity to work smarter together, increasing savings and fostering diversity.
Strategy
- Used our proprietary scenario and optimization tools to evaluate our client’s sourcing options
- Developed a sealed-bid event using our proprietary online sourcing process, attracting bids from multiple suppliers
Results
- Identified savings of over 10%, exceeding the client’s goal
- Reduced the number of suppliers to increase efficiencies
- Placed additional spending in the category with diversity suppliers, supporting our client’s corporate values even as we delivered significant savings
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