MetaExpert’s Swift Supply Chain and Purchasing System Overhaul Saves Automotive Electronics Supplier $224 Million Over 2 Years

Situation

A Global Electronics Automotive supplier teamed up with MetaExperts to optimize their supply chain and purchasing systems. The company sought guidance in effectively managing and leveraging their $800 million in purchased materials and had an overarching goal of achieving success in cost, delivery, and quality.

Actions

MetaExpert Amy leveraged her industry connections and experience, working globally and cross-functionally across four regions with Purchasing, Logistics, Engineering, and Customer Business Units to identify quick-wins with drop-in replacements and supply chain consolidation.

Cross-functional support and OEM approval were essential to achieve savings. MetaExpert Amy led the effort to achieve buy in across all stakeholders in order to achieve the strategy by:

  • Defining current state of supply chain vs potential state
  • Engaging engineering in savings activities
  • Leading a team to present and define KPIs across regions
  • Implementing a Global Sourcing Roundtable where all sourcing projects were presented for visibility and support across the corporation

In order to meet the company’s goals, MetaExpert Amy created a coordinated Global Sourcing Forum to identify and successfully source highly-tested and regulated component parts at the highest quality, best delivery, and lowest cost.

Results

The MetaExpert’s work exceeded expectations, leading to savings on component level and logistics level on purchased parts. Through cross-functional support, customer involvement, and strengthening supplier relationships, Amy’s efforts laid the groundwork for continued supply success and clear communication through the instability of a global pandemic.

Conclusion

Equipped with highly desirable leadership skills and supply chain optimization know-how, MetaExpert Amy was asked to stay on with the company as a permanent hire filling the role of Purchasing Director for Electronic Components and Routing.

Project Details

Contract Length: 32 Months (Initially set for 1 year, contract was extended and the MetaExpert was subsequently retained as the full-time Purchasing Director for Electronic Components and Routing)

MetaExpert Skills Needed:

  • Deep analytical capability on spend patterns
  • Global value chain expertise
  • Leadership skills to work cross-functionally internally and externally
  • Strong negotiation skills