Learn how Consus Global assisted a customer with resolving a fertilizer supply chain issue.
Issue:
- Single suppliers have monopolies on the fertilizer.
- Low bargaining power with suppliers.
- Raw materials are sourced from China.
Approach:
- Performed supplier outreach.
- Collected detailed specifications.
- Studied lead times to understand requirements & deliverables.
- Began early annual volume contracting as market prices started to spike.
- Conducted Supplier Market Intelligence through RFP.
- Discovered best prices & product information.
- Requested proposals designed to fit this operation.
Results:
- Significant 15.27% savings was generated through e-auction.
- Identified new suppliers & manufacturers for future reference after sampling their products.