Purchasing and procurement outsourcing platform

Key information

• Significant maintenance needs and low performance of the Purchasing and Logistics teams.
• Low level of completeness of reference data (Master Data).
• Urgent need to implement more predictive maintenance.
• Urgent need to reduce storage space requirements as well as maintenance costs.

Lessons learned and expertise gained

• Development of a corrective action plan for the Engineering, Master Data, Maintenance, Purchasing, and Logistics teams.
• Implementation of a project plan enabling approximately €13.5M in savings over 3 years, including €3.5M in the first year.
• Structuring a cross-functional approach bringing together the different functions around common initiatives.
• Definition of a detailed deployment plan for each initiative.