Case Study: Medical Device Company strengthens supply chain resilience with Corcentric's Sourcing and Procurement Help Desk

Medical Device Company establishes 40+ product lines with Corcentric's help desk

A medical device company faced significant challenges due to its over-reliance on a diluted supply base in China for its product intellectual property. Seeking more control and to reduce shipping costs, it decided to nearshore manufacturing to Mexico but soon realized its efforts were imperfect with gaps in identifying suppliers and building a sustainable supply chain. The company reached out to Corcentric for supplemental support, initially planning to hire a single expert but soon understanding it needed a more strategic approach.

Corcentric implemented its flexible Sourcing and Procurement Help Desk model, providing a dynamic bench of resources and expertise rather than a single hire. This solution delivered direct materials sourcing execution, logistics and supply chain optimization, strategic support, and global sourcing across Mexico, China, and Eastern Europe. Through Corcentric's help, the medical device company established more sustainable and cost-effective operations, achieving a 1.5X ROI, 11-75% savings, over $100k in hard dollar savings, and successfully sourcing over 40 product lines.