Case Study: Essentra Achieves Supply Chain Efficiency and Cost Savings with GoComet

Essentra - Customer Case Study

Essentra, a global manufacturer and distributor of plastic, vinyl, and metal products operating in 25 countries, was struggling with manual shipment tracking, freight selection inefficiencies, and communication gaps across its global logistics network. These issues created delays, limited visibility into traffic and costs, and made it harder to manage payments and reporting. Essentra turned to GoComet for help, using modules including GoTrack, GoShipment, GoInvoice, and GoProcure.

GoComet implemented a centralized logistics platform that automated invoice tracking, improved shipment visibility, streamlined procurement, and strengthened vendor communication. As a result, Essentra reduced invoice processing time, saved over 20 hours in invoice handling, resolved invoice variances earlier, and achieved 6.75% in invoice value revisions by vendors. GoProcure also delivered 4.34% savings on freight spend in 2023, while RFQs attracted an average of 3 quotes from 6 vendors, improving participation and negotiation power.

Essentra