SUCCESS STORY
Achieved 6x original target value
Data-Driven Spend Insights for Food and Beverage Company
- A global online marketplace uncovered hidden savings and enabled scalable, value-focused decision making
Outcomes
Bottom-line savings
Exceeded savings target by 6x
Rapid results
Unlocked 3x the target savings within 5 weeks
Scalability
The client expanded Anvil’s approach to its subsidiaries in North America as the benefits were appreciated
Long-term value
Sustained cost reductions and strengthened procurement capability
BACKGROUND
Our client is a leading global online marketplace, connecting consumers and restaurants through its platforms.
With over 680,000 connected partners, it offers consumers a wide variety of food choices.
the challenge
A newly appointed head of procurement set an ambitious objective: to improve cost management and establish a value creation program that would support the organisation’s rapid expansion. With third-party costs increasing faster than revenue, there was an urgent need for greater visibility and control over spending.
SOLUTION
Anvil’s spend analytics, gave our client’s procurement team its first end-to-end view of external expenditures. This allowed them to:
- Identify and address inefficiencies across spend categories
- Uncover actionable savings opportunities
- Make smarter, data-driven decisions aligned with strategic growth goals
“Visibility and insights lit up the opportunity assessment side of things, greatly boosting the value that we could deliver to the company and its stakeholders.”
Procurement Director
ANV100