Situation: POS/Print Management

Industry: Grocery Manufacturer

Challenge

A major CPG operating as 4 separate companies chose IMS to consolidate activity to drive cost savings.

Solution

By working with IMS, this company was able to consolidate volume for similar item categories across companies, standardize specs, and execute a more disciplined strategic sourcing. The combination of sourcing discipline and the reduction of items leveraging standardized specs created greater volumes against fewer SKUs, both initially and over time.

Results

  • Benchmarked cost savings of 5-18 percent annually over the past five years

  • Reduced inventory carrying costs given the decline of SKUs needed across the company