#Technology #Procurement #Cost reduction

Situation

Fast growing Dutch family owned company in industrial sensors wanted to know if procurement cost reductions where possible.

Approach

A feasibility study was executed to confirm the potential for cost reduction. VMPS led the design of a new purchasing strategy, executed a portfolio analysis and created new opportunities by changing the design process. The analysis was used for a rigorous tender & contracting process.

Achievements

Improved product- and supplier strategies. Improved Design process. Start of the lean team. Competitiveness of client increased through significant cost savings. Implemented a cost savings report including an internal and external compliance measurement.