Case Study: Sourcing IQ achieves rapid RFQ cycles and multimillion-dollar savings with Market Dojo

Sourcing IQ delivers game-changing RFQ results with Market Dojo

Sourcing IQ, a supply chain consulting firm serving mid-sized private equity groups and manufacturers, faced slow, error-prone manual sourcing processes—relying on emails and spreadsheets—and needed faster, more transparent RFQ execution with a clear audit trail. To scale large resourcing and outsourcing projects and meet clients’ demands for value creation and supply‑chain consolidation, Sourcing IQ partnered with Market Dojo and adopted Market Dojo Sourcing.

Using Market Dojo Sourcing, Sourcing IQ streamlined RFQs, improved supplier engagement and gained robust auditability, supported by Market Dojo’s rapid customer service. The results were transformational: for one aerospace resourcing project (465 parts, $8.1M baseline) they achieved $3.6M (44%) in cost savings plus $1.5M in working capital—$5.1M total over five months—and for an instrumentation project (193 parts, $7.4M baseline) $2.7M (36%) savings and the closure of three in‑house machine shops to reduce footprint. Suppliers even adopted Market Dojo themselves, and cycle times, transparency and compliance materially improved.

Sourcing IQ

Mary Ruth Williamson

Founder and CEO