A Private equity firm with 11 companies in its portfolio in a wide range of B2C and B2B industries was looking for cost savings, productivity improvements, leverage of best practices and process alignment in the PE portfolio.
Sparq360 deployed an ideation and realization program based on the LEAN processes and the SPARQ360TM value circle. Joint live and on-line ideation sessions combined value engineering, freight procurement and implementation of freight audit, TMS and a structured solution to leverage best practices have generated improvements in multiple areas across clients supply chains.
• Drove productivity via workstreams: TMS, Freight Pay, TL, and LTL bids
• $3 million in cost reduction during the second phase of the engagement
• Organized and structured processes to drive repeatable operations