A national manufacturer’s antiquated sourcing methods were negatively impacting operating costs, causing shipping delays, slowing down production and creating a drag on its entire supply chain. In order to reduce expenditures, boost profitability and improve operational efficiencies, it decided to focus its efforts on driving costs out of its paper-based procurement processes. To start with, the company wanted to utilize a new purchasing approach to source:

The manufacturer required a procurement solution that would simplify, automate and accelerate the entire sourcing process. HedgeHog quickly emerged as the best candidate because of its suite of on-demand e-procurement applications (including an online reverse e-auction module), affordable subscription fees and expert customer service. Over the years, HedgeHog’s technology has developed a proven track record for giving organizations access to more vendors, greater negotiation power and increased control of procurement, greater cost savings, reduced purchase cycle times and improved operational efficiencies.

By using HedgeHog Web-based e-procurement applications, the manufacturer realized 10 to 27% savings annually on its purchases, from electronic components to steel to construction services. Through HedgeHog’s software and support services, this manufacturer gained a reliable business partner and streamlined its procurement function.