Cross-Functional Engagement with LAUNCH Procurement Solutions

Align cross-functional engagement with LAUNCH Procurement Solutions to achieve profitability and customer satisfaction. Cross-functional engagement is critical for organizational success, and we provide solutions that streamline efforts and break down silos.

The Challenge

Large manufacturers often face negative margins and increased customer pressure for price concessions. In such cases, each functional leader may be focused on improving individual metrics, leading to a significant silo effect.
A large manufacturer set out to save a division struggling with rising costs and reduced margins. The task was to align functional objectives towards the overall success of the division and break down silos among Sales, Engineering, Operations, Manufacturing, Finance, and Human Resources.

The Solution

Procurement played a key role in breaking down silos and aligning functional objectives. Cross functional project teams analyzed the Bills of Material (BOM) across product lines for redundancy and standardization opportunities to ensure cost savings. Engineering worked closely with procurement on design-to-cost initiatives that lowered component costs while maintaining and improving fit, form, and function. On the sales side, the cross-functional team reviewed all new bid proposals and agreed on savings opportunities before final submission to the customer, thus preserving and enhancing margins.
These are a few of the areas where collaboration among functions resulted in double-digit profit margins for several years.
Partner with LAUNCH to enhance cross-functional engagement, streamline operations, and improve profitability. Contact us today to learn how LAUNCH can support your business success.