Apparel company reduces costs, maintains quality
The sports apparel division of this Bain client had experienced rapid growth, but its margins were lagging competitor benchmarks. Bain recommended a phased strategy for increasing margins without sacrificing quality, aesthetics or delivery. The plan included some initial quick hits and a long-term supplier development effort. The result: more than $50 million in savings during the first year.
SportsCo's apparel division had experienced rapid growth, but its apparel margins were lower than competitor benchmarks.
The company needed to improve its margins by reducing fabric and garment costs without sacrificing quality, aesthetics or delivery.
SportsCo asked Bain to help determine how to extract value from their purchasing practices and how to optimize procurement.
View Approach
A phased approach spanned initial quick hits and advanced supplier development:
View Recommendations
Bain focused on concrete, actionable deliverables:
View Results
SportsCo saw more than $50 million in savings in the first year:
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