Sourcing Insights, LLC            2019

Case Study #1

PROBLEM

  • Escalating transportation cost

  • Increased domestic  volume

  • Small internal staff for transportation

SOLUTION

  • Provided a Benchmarking Report

  • Performed a RFQ

    • Internal​

    • Domestic

RESULTS

  • 5% Domestic transportation savings

  • 7% International savings

Case Study #2

PROBLEM

  • Escalating health insurance with double digit increases

  • Changing HR regulations/reporting

  • Payroll time/cost

SOLUTION

  • Implementation of Insperity Workforce Optimization Program

    • Professional Overhead Expense (POE)​

      • HR Services​

      • Insurance Coverage/Services

RESULTS

  • 13.56% Savings with United Health Care

  • 17.60% Discount/Savings on Workforce Optimization program through Sourcing Insights contract

Case Study #3

PROBLEM

  • Office supplies had not been reviewed in 3 years

  • Multiple sites

  • Escalating prices

SOLUTIONS

  • Provided a Benchmarking Report to their incumbent supplier

  • Performed a RFQ

RESULTS

  • 35.9% Savings

Case Study #4

  • 18.4% Savings

PROBLEM

  • Growing aluminum business

  • Moving into a new facility

  • A need for cantilever racking

SOLUTION

  • Provided a Benchmarking Report to their incumbent supplier

  • Performed a RFQ

RESULTS

Case Study #5

PROBLEM

  • New facility build

  • Capital equipment need

  • Inexperienced in capital equipment

SOLUTION

  • Provided a Benchmarking Report

  • Performed a RFQ with Lincoln Electric and others

RESULTS

  • Purchased Welders and Plasma Tables from Lincoln Electric 

  • Achieved a 10% savings

Case Study #6

PROBLEM

  • High small package rates

  • Complicated carrier system

  • Complicated invoices from UPS

SOLUTION

  • Provided a Benchmarking Report

  • Performed a RFQ with Mode Transportation/FedEx

RESULTS

  • Implemented Mode Transportation/FedEx Program

  • Achieved 12% savings

Case Study #7

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PROBLEM

  • Rising aluminum sheet pricing

SOLUTION

  • Provided a Benchmarking Report

  • Performed a RFQ with 3 new sources

RESULTS

  • Implemented new source for aluminum sheet

  • Achieved 31% savings