Global Standards with LAUNCH Procurement Solutions

Unlock cost reductions, improved efficiencies, and better spend visibility for your supply chain with global standards. Global procurement strategies and procedures can optimize costs, improve efficiencies, and enhance spend visibility.

The Challenge

Managing purchases of direct and indirect materials and services across multiple plants worldwide can be a complex and costly endeavor. Regional market dynamics and fragmented spending volumes often result in limited negotiating leverage and higher costs. Finance leaders struggle with disparate reporting guidelines and objectives, hampering spend visibility and hindering cost-saving initiatives.
Recognizing the need for transformation, a large multinational manufacturer reorganized its supply chain activities into a center-led, regionally focused organization. The aim was to drive down costs, improve efficiencies, and create better spend visibility while remaining focused on overall company success.

The Solution

To address these challenges, the company established a center-led global supply chain organization that harnessed the benefits of both centralized and regional strategies. Specific categories of spend, such as raw materials, were managed more effectively by a centralized team of procurement specialists, leveraging the power of volume.
Meanwhile, other categories, such as MRO, were better managed regionally, with local sourcing teams closely aligned with daily business operations. With this aligned approach, finance leaders experienced significant year-over-year reductions in purchasing costs and improved spend visibility through standardized reporting across regions.
The organization's supply chain professionals worked together as a global team, leveraging their respective strengths toward the common goal of the company's success.

Propel Your Global Standards with LAUNCH

At LAUNCH, our expertise in center-led, regionally focused procurement can help you successfully manage your global supply chain.
Partner with us to unlock the full potential of your organization's procurement capabilities. Contact us today to learn more about how LAUNCH can support your global standards.