Case Study: Global Raw Material Manufacturer achieves 10% increase in margins and sales with ConverSight

How a global manufacturer gained raw material procurement analytics by integrating data within ConverSight, instantly getting insight into supply chain operations

Global Raw Material Manufacturer, a global maker of specialty lubricants for automotive and wind products, was struggling to monitor rising raw material procurement costs and keep product pricing competitive. To address gaps in visibility and market tracking, they engaged ConverSight, using its Pricing Analytics, Freight Analytics, and Product Metadata capabilities.

ConverSight deployed pricing alerts and recommendations to track cost increases and suggest new unit prices, flagged orders with freight charges exceeding 10% of order value for negotiation, and built an exportable Product Metadata sheet for suppliers. The solution delivered complete visibility and proactive pricing insights, driving a 10% increase in margins, a 10% increase in overall sales, and a 20% reduction in labor hours maintaining metadata.