Case Study: Kingfisher improves supplier cost tracking and price response with Expana

Kingfisher - Customer Case Study

Kingfisher, a leading international home improvement company, faced the challenge of tracking and responding to the effects of market volatility on its supplier costs for tens of thousands of products. They needed greater visibility into the raw materials used in their goods to better analyze supplier costs and maintain prices for their customers. They worked with Expana to address this.

Expana provided a solution that gave Kingfisher clear visibility of current market prices for raw materials. This transformed their cost analysis processes, enabling them to respond more quickly to price changes and have more effective negotiations with suppliers. The results included strengthened control over the cost of goods sold and increased productivity in the buying process due to less time spent sourcing data.

Kingfisher

Stanley Chan

Sourcing Intelligence Lead