This leading consulting firm is focused exclusively on strategic sourcing and procurement-related services. It works with companies to hit cost-reduction targets through strategic sourcing, building strong internal procurement groups through procurement transformation, and creating world-class supplier relationship management programs.
A Fortune 100 company wanted to improve its supply chain operations. As one of the largest privately held companies in the world, it needed a supply chain transformation to streamline operations and drive efficiencies.
The main focus of this initiative was to focus on digitizing its supplier performance and relationship management process (SPRM). Given the complexity of this initiative and the expedited time frame, the company engaged the consulting firm to leverage its unique expertise in executing similar projects and proven ability to acquire desired outcomes.
Because the firm was experiencing an uptick for its supply chain enhancement services, it needed to supplement its current workforce to alleviate bandwidth constraints. Due to the nature of this project, the selected candidate would need to have extensive experience standing up:
Looking to get results quickly and efficiently, the consulting firm reached out to Graphite. Within 48 hours of posting the role on Graphite, the dedicated Account Executive (AE) presented a hand-selected group of five independent experts.
The firm communicated with the experts via Graphite’s in-app messaging feature before selecting a recognized industry leader in digital transformation. The selected expert had a proven track record of integrating cutting-edge technologies at scale.
Whether it’s a multi-year $100MM global program or a 20,000-person IT organization re-engineering, the expert has been at the forefront of solving the critical issues impacting businesses today.
Because of the expert's background, the firm felt at ease knowing it had someone that would not only act as a dedicated resource for its Fortune 100 client but also represent the ethos and culture of the firm itself.
A meeting with the independent expert, the firm, and Graphite's customer success team was held before kicking off the project. In that meeting, the independent expert clarified any questions regarding the scope of work.
Metrics for success, additional materials, meeting cadence, and how payment would be processed and tracked on Graphite were also discussed in the meeting. With the onboarding complete, the independent expert could establish the global SPRM process.
The first order of business was to create a current state and process gap assessment to understand the existing landscape. Using the assessment as a blueprint, the expert developed an SPRM process map, playbook, scorecards, and collaboration workflows.
Training materials for the pilot launch were also created to ensure the organization's success and adoption of the new process. With the independent change management expert in place to drive the new process, the Fortune 100 company was able to streamline operations and drive efficiencies.
Since working on Graphite with this initiative, the consulting firm has since gone on to complete two other engagements on the platform.
Explore how this leading consulting firm enabled its Fortune 100 client to attain supply chain transformation by onboarding a recognized industry change management leader on demand on Graphite.
Eager to onboard a team that could achieve results within six months, the client and their dedicated Graphite account manager partnered to determinze the specifications for each of the four roles. They were:
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