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Featured Case Studies

How Organizations use K2 Sourcing

K2 Sourcing helps category managers and strategic sourcing professionals refine and execute their category strategies. Following are case studies showcasing results from companies that subscribe to our Cloud Source RFP and reverse auction software or that utilize K2 Sourcing’s spend analysis, strategic sourcing, category management, and global sourcing services.

These case studies all share a common thread, procurement leaders looking to help their teams save more money, move faster, reduce supply risk, improve supplier performance, create smiling stakeholders, support company growth, and have some fun.

Redesigning the Fastener and Hardware Supply Chain

Regal Ware, a midsized manufacturer, requested K2 Sourcing help them find savings and improve the purchasing process within the fastener and hardware category. These are high mix low volume purchases with…

Reverse Auctions on Engineered Items

This reverse auction is one of many examples of engineered items successfully reverse auctioned. The most important factor in the success of the event was the excellent specifications provided by engineering.…

Indirect Spend Analysis to Uncover Opportunities

This midmarket manufacturer wanted to expand their role from focusing on direct materials, to encompass indirect expenditures. They asked K2 Sourcing to complete a spend diagnostic and uncover hidden opportunities. K2…

Manufacturer Seeking Cost Savings

The manufacturer contacted K2 Sourcing to determine the best value source for a medium to high volume item which would be packaged and resold. Using the K2 Sourcing Cloud Source Complete application, K2…

Manufacturer Determining Make Buy

This manufacturer’s lease was running out on one of their plants. Most of their customers were international and they were paying large tariffs. Rather than accept the status quo, they conducted a global…

FAA Generates Large Savings in IT Hardware

The Federal Aviation Administration (FAA) conducted a reverse auction using K2 Sourcing’s managed reverse auction service that is estimated to generate over a million dollars of savings over the life…

Manufacturer Making a Design Change

A manufacturer making glass display cases wanted to investigate castings versus metal fabrications. Due to lead times and spiky demand, the supply chain needed to be close and able to react fast. K2 Sourcing…

Transportation – LTL

K2 Sourcing was hired to help an Adhesives Company reduce LTL costs, improve carrier performance, and increase operational efficiency. Historically their 7 locations operated independently selecting carriers…

Make or Buy

A US-based manufacturer of a high-quality metal consumer goods product was concerned that across a particular product line escalating material, labor costs, and machine efficiency, might be putting them…

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