EPSA Marketplace brought its technical expertise and sustainable support to assist a customer in obtaining drastic cost reductions as well as continuous improvements of its supplier relationship management. It resulted in a 40% direct cost reduction over the total spends of 5.5 million AUD, and 6 new suppliers have been qualified.
About Customer:
One of the leading packaging manufacturers in Australia with operations, based locally while its procurement needs are sourced from China.
Challenge:
The main challenge was reducing the supply chain disruption risks and reinforcing the stability for its range of poly bags being imported from China. Our customer also sought to improve efficiency and remove bottlenecks in supply chains.
Result:
EPSA Marketplace settled a tailored solution with a professional team based in China, providing full supply chain review, sourcing of new suppliers, price negotiation, supplier migration support, and order processing management.