Case Study
Driving 5% savings in the light of a 25% increase in commodity prices
Consumer Goods Company Success Story Same quality product and improved optionality for offshore contract manufacturing The challenge This client, a leading designer, marketer and manufacturer of indoor and outdoor cooking appliances for customers internationally, sources all of its finished goods in China. The company had been family-owned for more than 40 years before seeking investment from a private equity partner to provide aid in achieving their goal for growth through acquisition. With 100% of their manufacturing in China, the company was under threat from rising commodity costs. In addition, procurement was finding it difficult to negotiate lower costs from its three main suppliers. To overcome this, the PE firm and company CEO brought in Maine Pointe’s procurement expert