Streamlined Procurement Approach
A global manufacturer of engine management solutions for EV/Hybrid automotive markets needed a way to reduce inventory. The group also struggled keeping expenses down while sending parts to an outside vendor for lead forming. Procurement management was frustrated while navigating the costs and complexity of buying, receiving and then transferring component parts to a separate vendor for the lead forming process.
The customer contacted CHAMP to manage the procurement and lead forming process on their behalf. They now get their product to market faster because they receive parts production-ready. With this streamlined approach, they’ve realized cost reduction on the materials, vendor management, and handling and logistics. Additionally, this approach simplified the customer’s manufacturing operations and freed up valuable factory floor space for more value-add activities.