Major foods products company Bernard Matthews have achieved savings of 21 per cent through the implementation of a new eSourcing platform.
The platform supplied by Wax Digital alongside strategic category management advice from EAA Consulting, has allowed the foods company, famously known for its turkey products, to drive down supplier costs.
“One of our key objectives as a business is to grow the consumption of turkey in the UK. To help achieve this, the procurement team is always on the lookout for innovative ways to increase the quality of service and value we receive from our suppliers, said Richard Southgate, procurement director at Bernard Matthews.
He added that: ““Potential cost savings aren’t our only goal. Using the web3 eSourcing platform allows us to identify clear specifications and the standards we require from our suppliers at the 1outset. We were also keen to establish a true market value for the products or services we source, evaluate like-for-like comparisons and determine clear SLAs from the marketplace.”
Daniel Ball, business development director, Wax Digital said: In what can be quite a traditional sector it is great to see a leading company like Bernard Matthews adopt a progressive approach to supply chain management, calling on the best tools and advisors to help control costs, reduce risk and drive competitive advantage.”
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