SweetCo* wanted to streamline its supply chain to control the high cost of packaging materials.
- SweetCo is a large food processing company suffering from an inefficient supply chain
- The client was especially concerned about the high cost of packaging materials
- SweetCo asked Bain to analyze how a Value Managed Relationship could help the company realize cost savings and improve efficiencies
Bain determined the potential of a Value Managed Relationship with high-volume, high-value suppliers.
Focusing on two key suppliers simplified transactions and slashed costs.
Through Value Managed Relationships with key suppliers, SweetCo significantly reduced costs in its supply chain.
* We take our clients' confidentiality seriously. While we've changed their names, the results are real.