Case Study: Dayco achieves procurement efficiency and savings with Market Dojo Sourcing

Dayco cuts sourcing from annual to quarterly with Market Dojo

Dayco, a global OEM for automotive and industrial manufacturers, faced challenges with inefficient and inconsistent procurement processes. Their reliance on disparate tools, spreadsheets, and emails made supplier communication difficult and resulted in inconsistent bid comparisons. To overcome these issues, they sought a solution from the vendor Market Dojo, specifically their Market Dojo Sourcing product.

Market Dojo implemented its e-sourcing platform to standardize Dayco's bidding procedures and supplier communications. The solution enabled Dayco to achieve significant savings on both indirect and direct materials through more rigorous and competitive processes. The results included the ability to run high-volume sourcing events quarterly instead of annually, yielding substantial cost reductions. Market Dojo's solution also achieved enterprise-wide adoption, becoming a standard tool referenced across various divisions and new facilities.

Dayco