SUCCESS STORY
Transforming Procurement Performance at a Global Soft Drinks Company
- Procurement Enhancement Program delivered greater control, stronger relationships and sustainable value
Outcomes
Tailored Supplier Relationship Management (SRM) policy strengthened supplier partnerships
Through new budgeting, Purchase Price Variance (PPV), and commodity tracking systems
KPIs introduced to measure procurement effectiveness and support continuous improvement
Unified policies, procedures, and templates ensured consistency and improved cross-functional collaboration
BACKGROUND
the challenge
The company’s procurement function was underperforming. It lacked resources, strategic direction, and the necessary skills to support the business. With a heavy reliance on co-manufacturing partners, this resulted in weak, transactional supplier relationships, inconsistent contract coverage, poor cost control, and production issues. The business was already under pressure from market volatility, and the lack of procurement control further impacted product availability and costs.
SOLUTION
- Sourcing and Cost Management
- Supplier and Contract Management
- Process, Systems and Controls
- Data Management
- Organizational Design
P4106
“Procure4 managed the end-to-end process with full collaboration and transparency, enabling us to leverage our business and deliver the optimal total value chain solution whilst retaining the strategic supplier benefits we were seeking from a collaborative relationship.
Procure4 operate with a high level of clarity with a data driven approach. On a personal level, I have enjoyed working with Procure4 and would certainly invite them back for future project opportunities.”