Case Study: Brakes improves procurement confidence and market relevance with Mintec

Brakes builds 700+ product cost models with Mintec

Brakes, a leading supplier to the food service sector, faced the challenge of understanding its procurement position and responding to market volatility within the rapidly evolving food commodities market. To address this, they partnered with vendor Mintec and utilized their Mintec Analytics platform to create the Brakes Mintec Price Index (BMPI).

Mintec implemented a solution by creating over 700 product cost models using data from its platform. This provided Brakes with a reliable, independent view of the market, enabling informed strategic decisions and improved competitiveness through cost savings and re-sourcing. The BMPI gave Brakes a strong foundation for its procurement position and helped deliver efficiency gains.

Brakes