Strategic Sourcing Project on Forklifts and Wheel Loaders, Including Maintenance Services
Strategic Sourcing on Forklifts and Wheel Loaders
Sustainable value created
- Long-term contracts with the strategic suppliers and reduced number of suppliers
- Clear visibility on true business needs and product specifications
- Strong supplier engagement and competitive tension
- 8-15% in price and TCO savings
Client Profile
A global manufacturer of building materials, specialised in flooring, insulation, and construction panels. The company is known for innovation, sustainable practices, and serving both residential and commercial markets worldwide.
Project Scope
Technical specifications for equipment were incomplete or inconsistent across sites, making it difficult to define clear requirements and ensure operational compatibility. Procurement data visibility was limited. Decisions on electric versus fuel-powered equipment were complex, requiring a balance between long-term sustainability, cost, and performance considerations.
Using the Hudicor strategic sourcing methodology, these challenges were systematically addressed.
Hudicor’s Approach
We started with a detailed spend analysis to understand expenditure patterns and identify optimisation opportunities. Based on this, we developed a clear strategy, balancing cost efficiency, operational needs, and long-term value.
Significant effort was invested in collecting technical specifications for forklifts and wheel loaders from all sites, ensuring that requirements reflected real operational needs.
Multiple RFP rounds were conducted to engage potential suppliers, leading to a detailed supplier capability mapping, including maintenance and service capabilities.
A limited set of suppliers was selected, delivering valuable savings and TCO improvements.
Cost and operational efficiencies by mapping supplier capabilities and streamlining the supplier base
Interested in accelerating procurement performance and savings?
