Case Study: Bel Brands boosts sourcing efficiency and savings with Bid Ops

How Bel Brands Is Building Credibility Into Its Procurement Strategy

Bel Brands USA, a cheese-manufacturing company, faced challenges with visibility and credibility in its procurement process across 3,500 suppliers. With $285 million in spend, they needed to cut costs and increase sourcing efficiency. They partnered with the vendor Consumer Goods Technology to implement an automated sourcing platform from Bid Ops to address these issues.

The solution from Consumer Goods Technology provided modern, automated tools that expedited the sourcing process and improved supplier visibility through AI-powered pricing and calendared events. This resulted in a 10% savings on a $1 million spend and increased sourcing speed by 25%. The vendor's platform also helped Bel Brands build trust and strengthen its supplier relationships, providing crucial credibility to its procurement strategy.

Bel Brands

Jean-Michel Dos Remendios

VIce President of Co-Manufacturing