Case Study: a leading Australian-based packaging company achieves 3% spend reduction with ElectrifAi

Leveraged global purchasing power through supplier consolidation resulting in spend reduction of 3% YoY

A leading Australian-based packaging company with global operations faced challenges due to its historically decentralized procurement department and multiple supply bases. This structure prevented it from leveraging its full purchasing power. To achieve supplier consolidation and reduce spend, the company partnered with ElectrifAi.

ElectrifAi’s product was used to classify spend across over 400 unique business commodity segments. The solution involved quarterly data validation, cleansing, consolidation, and vendor clustering. This effort provided the negotiating leverage needed for ElectrifAi's client to unlock value quickly, resulting in a 3% year-over-year spend reduction for five consecutive years.