The CPO at a metals and mining company was under pressure to achieve financial objectives despite a cost-reduction mandate.
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Client Story
Capture Savings and Spur Innovation From Suppliers
Mission-critical priority
To achieve 25% greater savings in 2020 to combat the effect of tough economic conditions on profitability.
How Gartner helped
Gartner advisory helped define a supplier relationship management strategy and measure supplier performance accurately.
Business impact
Gartner supported in hosting a Supplier Innovation Day that yielded $8 million in savings and helped improve client’s relationship with its suppliers.
Industry
Metals and mining
Revenue
$1 Billion - $3 Billion
Employees
1,000+
