The manufacturer contacted K2 Sourcing to determine the best value source for a medium to high volume item which would be packaged and resold. Using the K2 Sourcing Cloud Source Complete application, K2 Sourcing screened over 200 suppliers on both qualitative requirements and based on quoting through our total cost modeling platform. 16 suppliers qualified for quotes. A short list of 3 suppliers was made which the client visited and moved the product to. Savings were in the ballpark of 37%.
Want to learn more?
Contact us today to ask a question, schedule a discovery call, or receive a video about our application.