Skip to content

Client Video: Working with Maine Pointe to integrate three companies

 

The CEO of Voyant Beauty, a leading contract manufacturer to the personal care and beauty industry, credits SGS Maine Pointe's Total Value Optimization (TVO)™ approach with helping his organization align and synchronize the supply chain and drive bottom-line benefits for themselves and their customers.

The video describes:

  • The challenges facing the organization after acquiring three companies

  • The solutions were implemented as part of a step-by-step TVO journey in order to integrate the three companies, starting with sourcing and operations

The results:

  • Used data analytics to deliver visibility to spend that the CFO didn’t have and create a compelling business case for change​
  • Aligned payment terms to release working capital​
  • Delivered packaging, MRO and standardized chemical cost savings in excess of 10%​
  • Achieved savings as high as 25% in some categories​
  • Consolidated suppliers in MRO from over 700 to less than 10​
  • Delivered an ROI of 3.8:1 for this phase of the supply chain transformation journey​
  • Encouraged customer interaction on directed spend issues that are key for long-term success​
  • Trained and developed the employee base in standardized procurement processes
, , , ,

Get In Touch