Case study
A large food processing company suffered from an inefficient supply chain and high-cost packaging materials. The company asked Bain to analyze how a Value Managed Relationship could save money and improve efficiencies. We recommended focusing on two key suppliers, which resulted in a 19 percent reduction in costs.
SweetCo* wanted to streamline its supply chain to control the high cost of packaging materials.
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.