Case Study Three
Red Tiger Procurement, at the helm of the Corporate Services team, orchestrated a multifaceted strategy for a utility meter manufacturer, driving substantial results. The process began with a meticulous analysis of existing workflows, vendor relationships, and expenditures related to Professional Services and Temporary Labor. Armed with insights, Red Tiger Procurement engaged in strategic negotiations, leveraging industry knowledge to secure a remarkable 28% reduction in costs, amounting to a substantial $3 million in savings.
Concurrently, the team implemented targeted process improvements, introducing automation and technology integration to streamline the end-to-end procurement process. This comprehensive approach resulted in an outstanding 75% increase in operational efficiency. Red Tiger Procurement not only achieved significant cost savings for the utility meter manufacturer but also elevated the overall effectiveness of their Corporate Services, setting a benchmark for strategic procurement initiatives.