Client Story

Renegotiate Contracts to Reduce Supply Chain Costs Amid Disruption

Gartner helped a solar panel company take advantage of low oil prices and stable business volume during the pandemic and save up to $200K.

Mission-critical priority

Renegotiate ocean freight contracts in an effort to optimize and reduce supply chain costs.

How Gartner helped

Aligned Gartner BuySmart™ resources and advised the client to renegotiate the existing ocean freight logistics contract and optimize supply chain costs.

Business impact

Leveraged low oil prices to renegotiate ocean rates on bunker fuel and saved up to $200K on the new terms of the client’s ocean freight contract.

Industry

Industry

Solar Panels


Revenue

Revenue

$ 2.2 Billion


Employees

Employees

6,400

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