Credibility and visibility in the procurement process are no easy feats. Challenges abound, and no CPG company wants to see their brand’s name in the newspaper because their supplier has done something wrong.
This was the motivation behind cheese-manufacturing company Bel Brands USA’s decision to align with automated sourcing platform Bid Ops, Jean-Michel dos Remedios, head of procurement, sourcing, and supplier development at Bel Brands, tells CGT.
Bel Brands USA — maker of cheeses Babybel, The Laughing Cow, Boursin, and more — was looking to solve a major problem. With $285 million in direct and indirect material spend across 3,500 suppliers, they wanted to cut costs and increase their sourcing efficiency, which was getting too difficult to manage.
“We started to use Bid Ops as a resourcing tool to go faster on refuse and reuse, and sourcing events,” says dos Remedios, who did not see the value in previous sourcing investments due to their lack of visibility.
Read the full article at: consumergoods.com
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